Acquisition of Irving-Based JPI Completed by Japan-Based Company

by | Dec 7, 2023

Irving-based multifamily community developer JPI announced that the acquisition of its operating platform by Sumitomo Forestry America Inc. has been completed.

We first told you about the deal in October. No financial details were released.

“This partnership marks a pivotal moment for JPI and I’m very excited for two primary reasons,” JPI Chief Executive Officer Payton Mayes said in a statement....

Irving Multifamily Developer JPI to be Acquired by Japanese Forestry Co.
by | Oct 2, 2023

Irving-based JPI, a developer of multifamily communities, is being acquired by Sumitomo Forestry America Inc., a comprehensive housing and wood products subsidiary of Sumitomo Forestry Co....

Irving Developer JPI Announces Appointment of Chief Visionary Officer
by | Jun 9, 2023
A former NFL player, Scott Turner is the former executive director of the White House Opportunity and Revitalization Council under Dr. Ben Carson's leadership. Before that, he served two terms as representative of House District 33 in the Texas House of Representatives.
DI People: DART, Purple Land, Varsity Brands Name New Innovation and Tech Leaders
by | Jul 23, 2019
You’ll also find news from JPI, Pier 1 Imports, Southern Gas Association, Steward Global Partners, J.C. Penney, and RealFoundations in this roundup of leadership and executive moves by companies in North Texas.