New Day Dawning
JPI’s multifamily housing business was acquired by Sumitomo Forestry America on November 30, 2023. The new venture will retain the JPI corporate name and logo and will continue to brand their future properties under the “Jefferson” name. The platform ownership transition did not include the transfer or sale of the TDI EB-5 company or the multifamily assets that are currently under construction or in lease up operations.
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