JVM Realty Corp. (JVM), a leading vertically integrated multifamily real estate investment and property management firm, today announced it was named one of the Best Places to Work in Multifamily at the Multifamily Leadership Summit. The finalists were honored at the annual summit in Scottsdale, Ariz., in December.
Being named one of the best places to work in the industry validates JVM’s holistic approach to associate well-being and workplace satisfaction, said Jay Madary, president and CEO of JVM.
"The success of any organization is directly correlated to the quality of its people. The ability to attract and retain quality people is largely determined by the organization’s culture," Madary said. "This has certainly been true at JVM, where our culture has produced industry-leading investment returns and operational results. Awards like the Best Places to Work in Multifamily have recognized the immeasurable value of people and culture to the multifamily industry, and we’re proud to be associated with the distinguished award that honors the best workplace cultures in the industry."
Best Companies Group administered the Best Places to Work in Multifamily 2017 award and ranked the finalists by evaluating employee policies and procedures, as well as responses from the companies’ associates. JVM was one of just 14 finalists for the award.
Among JVM’s keys to establishing and maintaining a world-class culture is strong and consistent communication. JVM executives publish weekly blogs for associates that expound upon the company's 25 cultural fundamentals. Members of the JVM corporate office also regularly visit the company’s communities to help associates and maintenance staffs perform tasks such as repainting buildings or cleaning up the grounds. The outings provide ideal settings for JVM executives to get to know associates in a comfortable setting.
Quarterly company-wide conference calls and a robust associate Intranet are additional methods through which JVM executives keep team members in the loop about the organization.
Other notable components of JVM's workplace culture include: a dedication to employee development through education and development programs, e-learning courses and tuition reimbursement; a company wellness initiative; a gift-matching program, through which the company matches its associates' charitable donations up to a certain amount; paid volunteer time; and team volunteer outings.
"At JVM, our motto is ‘Work hard. Have fun. Take care of each other with a warrior spirit, positive mental attitude and a servant’s heart,'" Madary said. "By working every day to live up to this philosophy, we have created a truly world-class workplace, and we're so deeply honored that it's been recognized by the Multifamily Leadership Summit."