JBM® Institutional Multifamily Advisors, Approaches its First Year of Operations with Over $600 Million in Sale Proceeds

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Since the 2014 Summer Launch of JBM® Institutional Multifamily Advisors, Jamie May and his Team are Continuing to Lead the Florida Multifamily Industry in Sales Volume

Jamie May, Chairman & CEO

Jamie May, Chairman & CEO

“When thinking about JBM and their capabilities throughout the Florida marketplace, I think of one word: Excellence.” - David Carlson, Managing Partner, Redwood Capital Group

August 2014 saw the launch of JBM® Institutional Multifamily Advisors headed by veterans of the industry, Jamie May and Eddie Yang. Success was assured with the immediate procurement of the disposition engagement of a three (3) property portfolio from Landmark Apartment Trust totaling 782 units. Additional engagements followed and continue to flow in from some of the industry’s heaviest hitters including Inland American, TGM Associates and Beachwold Residential. In its first year, JBM® is on pace to list, market and close 30+ deals, totaling 5,600+ units and over $600 million in sales proceeds.

JBM® continues to gain momentum with the recent closing of TGM Floresta in Jupiter for record pricing of $244,000+ per unit for a 2004 vintage, garden-style asset. In addition, JBM® procured the disposition engagement of The NRP Group’s iconic downtown St. Petersburg Beacon 430 community which will also see record pricing for the asset class. As part of their expanding services platform, JBM® has partnered with Regions Capital Markets in order to offer their buyers the most beneficial financing leverage opportunities available.

About JBM® Institutional Multifamily Advisors

JBM® Institutional Multifamily Advisors is the most reliable source of brokerage services in the institutional multifamily asset and investment industry with Florida offices located in Tampa, Orlando, and Naples. JBM® specializes in the sale of high-rise, mid-rise and garden style apartment communities throughout the Southeast United States and focuses exclusively on asset disposition services, capitalization and recapitalization of existing and merchant development opportunities of large apartment type portfolios and singular assets for domestic and foreign institutional, private, national and regional clientele.

The firm’s collective team efforts have exceeded $9 Billion and over 110,000 apartment units listed, marketed and sold. The firm delivers a strong legacy of excellence in representation and the most effective investment sales platform throughout the Southeast United States, meriting Jamie May and JBM® as a trusted leader in the multifamily industry.

If you would like more information about this property or to schedule an interview with Jamie May, Chairman & CEO or Eddie Yang, Principal and Executive Director please, contact Claudia Raines at 813.812.5003 or email. To learn more, please visit: JBM.com

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