A Banner Year
by Jay Madary, President & CEO of JVM
Looking back over my time as the head of JVM, I’m hard pressed to think of when I’ve been more excited about this company.
Simply put, 2019 has been a banner year for us – and things continue to head in the right direction.
To start with, we continue to make strategically sound transactions. Recently, we purchased two luxury apartment communities in the greater Chicago market (more on that later in the newsletter). Earlier this year, we sold five properties – four in the Cleveland area and one in the Kansas City market – for a combined $175 million.
Looking ahead, we are scheduled to close another investment fund and purchase an additional Chicagoland apartment community before the year is out.
This has been an active and exciting year for us, and it’s one in which we’ve continued to cement our reputation as a true leader in the Midwest apartment market.
Our success is only possible because of the incredible work of our associates and the heartwarming support of our investors.
Thanks to all of you for making JVM the thriving company that it is. I hope you all have a wonderful holiday season, and I look forward to sharing more of our success stories in the next newsletter.
Thank you for your continued trust in JVM!
President & CEO