Meyer joined JVM in 2005 and served as CFO for 13 years, playing a vital role in the growth of the company’s portfolio from a size of $200 million to $800 million. Kovich also joined JVM in 2005 as a financial analyst and director of property management software.
Acquiring Apartments the Right Way
With investor demand for apartment communities still high, it might be tempting for apartment companies to plunge headfirst into the buying process. That would be a mistake. As JVM’s Jay Madary explains in a recent Multifamily Executive article, buyers should adhere to several fundamental components of acquisition preparation and execution.
Big Year Ahead for JVM
JVM is planning to acquire $200 million in Class A apartment communities in its existing Midwestern markets this year. That’s one of the insights provided by JVM’s Jay Madary in a recent Q&A with GlobeSt. Madary also discusses which investors are active in the Midwest and the anticipated pace of multifamily investment sales in 2018.
JVM Acquires Apex on Quality Hill in Downtown Kansas City, Mo.
The 138-unit, amenity-rich luxury apartment community is located in Quality Hill, a revitalized historic neighborhood just west of Kansas City’s central business and financial district; the neighborhood sits on a 200-foot-high bluff overlooking the West Bottoms area.
Renovating the Right Way
Renovations may be common in today’s multifamily industry, but that doesn‘t mean they’re easy to pull off. In a recent Multifamily Executive article, JVM’s Jay Madary is one of several executives who weigh in on the numerous pitfalls that await owner–operators who rush headlong into the process.