Real Estate
JPB Partners Real Estate Investment & Development has focused on residential and commercial real estate markets in the Eastern United States in both principal and agency roles.
Collectively, JPB Partners Real Estate and its strategic partners have developed or invested over $100 Million of debt and equity capital in more than thirty separate real estate transactions since the firm's inception in 1995.
Below is a summary of the JPB Partners Real Estate Team's successes segmented by asset class:
Residential Portfolio (Mid-Atlantic Region)
Since 1995, JPB Partners has capitalized on the infrastructure and the demographic growth in the Baltimore-Washington Corridor and more specifically, the Baltimore-Washington corridor. When real estate development was in its recovery mode in the early 1990s, JPB Partners recognized the potential for additional rapid growth in a marketplace that had served as a growing bedroom community for Baltimore and Washington. Since that time, affiliates of JPB Partners have invested $27 Million of total capital in nineteen residential real estate projects throughout the Baltimore-Washington Corridor, achieving a realized internal rate of return ("IRR") of 49.4%.
Commercial Portfolio (Mid-Atlantic Region)
In the late 1990s, with the emergence of the Baltimore-Washington corridor as a thriving residential marketplace, JPB Partners identified numerous economic factors that they believed would lead to commercial expansion in the same area. JPB Partners believes the National Security Agency, the Department of Homeland Security, The Defense and Information Systems Agency and other defense related initiatives focused around Fort George G. Meade are hubs for this continued growth. To date, we have invested $55 Million in nine commercial real estate projects throughout the Baltimore-Washington Corridor, achieving an IRR of 35.5% (realized) and 39.9% (unrealized).
Residential Portfolio (Gulf Coast Region)
In 2004, JPB Partners focused efforts in the Gulf Coast region, primarily in the Florida Panhandle, where it believed opportunities existed to make sustainable, long-term growth investments, in part, as a result of the incoming North West Florida Beaches International Airport that opened just north of Panama City Beach. Since 2004, through its investment fund, JPBE Investments VII ("JPB-VII"), and other affiliates, JPB Partners has invested $19 Million in five real estate projects throughout the Panhandle region. These five projects achieved a realized IRR of 497.5%.