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TennesseeMultifamily

JPI expanding into Nashville

August 8, 2025
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JPI is expanding into three of the Southeast’s most dynamic regions: Charlotte and Raleigh-Durham, North Carolina, and the greater Nashville area in Tennessee. The move comes amid shifting market conditions and a sharp decline in new development starts, creating a unique window of opportunity for well-capitalized, mission-driven developers.

The company has appointed Jake Fortune-Greeley as JPI’s vice president of land acquisition in the Southeast. Fortune-Greeley brings deep experience in identifying and securing high-potential development opportunities in emerging submarkets.

This strategic reentry is backed by proprietary market expansion modeling conducted by JPI’s internal research team, which highlighted Charlotte, Raleigh-Durham and Nashville as standouts for sustained demand, pro-growth policies and development viability. The company is particularly focused on delivering high-quality communities in upper-income suburbs and middle-income neighborhoods where new housing is critically needed.

In the coming year, JPI plans to break ground on a major development in Durham and is actively pursuing multiple sites throughout the Triangle, as well as the greater Charlotte and Nashville regions. The company’s vertically integrated model, coupled with its strong capital relationships, provides a competitive edge in executing projects that others cannot.

JPI’s Southeast expansion is part of its broader national strategy to deliver differentiated housing solutions in high-demand, values-aligned markets. The company continues to lead the multifamily sector with a mission to transform building, enhance communities and improve lives.

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