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JVM Realty Corporation (JVM) is a privately held real estate investment and management company established in 1975 by James Victor Madary Sr. JVM is a modest sized company with over 170 employees and a portfolio of nearly 7,000 apartment units.
The primary focus of JVM is to acquire, add value, and eventually sell apartment complexes located throughout the Midwestern United States. Typical properties consist of 200 to 600 living units and are located in suburban areas with convenient access to transportation and major retail. JVM forms investment groups to purchase these properties. JVM Realty Corporation's objectives are:
- To preserve and protect investor capital.
- To maximize cash flow and property appreciation.
- To utilize all legitimate tax strategies to reduce or defer investor Federal and State income taxes.
- To convert as much income as is permissible from ordinary income to capital gain.
JVM Realty's corporate office is located in Oak Brook, Illinois. Since JVM actively manages all properties in its portfolio, the corporate office in large part is dedicated to performing bookkeeping and accounting functions for out of state offices. Each apartment community has its own management office with a property manager, leasing specialists, maintenance, and cleaning personnel. Tenant occupancy and financial information is exchanged daily between the corporate and offsite offices.
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