JVM Realty Corp. (JVM), a leading vertically integrated multifamily real estate investment and property management firm, today announced it was named one of the Best Places to Work in Multifamily at the Multifamily Leadership Summit. The finalists were honored at the annual summit in Scottsdale, Ariz., in December. 

Being named one of the best places to work in the industry validates JVM’s holistic approach to associate well-being and workplace satisfaction, said Jay Madary, president and CEO of JVM.

"The success of any organization is directly correlated to the quality of its people. The ability to attract and retain quality people is largely determined by the organization’s culture," Madary said. "This has certainly been true at JVM, where our culture has produced industry-leading investment returns and operational results. Awards like the Best Places to Work in Multifamily have recognized the immeasurable value of people and culture to the multifamily industry, and we’re proud to be associated with the distinguished award that honors the best workplace cultures in the industry."

Best Companies Group administered the Best Places to Work in Multifamily 2017 award and ranked the finalists by evaluating employee policies and procedures, as well as responses from the companies’ associates. JVM was one of just 14 finalists for the award.

Among JVM’s keys to establishing and maintaining a world-class culture is strong and consistent communication. JVM executives publish weekly blogs for associates that expound upon the company's 25 cultural fundamentals. Members of the JVM corporate office also regularly visit the company’s communities to help associates and maintenance staffs perform tasks such as repainting buildings or cleaning up the grounds. The outings provide ideal settings for JVM executives to get to know associates in a comfortable setting. 

Quarterly company-wide conference calls and a robust associate Intranet are additional methods through which JVM executives keep team members in the loop about the organization. 

Other notable components of JVM's workplace culture include: a dedication to employee development through education and development programs, e-learning courses and tuition reimbursement; a company wellness initiative; a gift-matching program, through which the company matches its associates' charitable donations up to a certain amount; paid volunteer time; and team volunteer outings.

"At JVM, our motto is ‘Work hard. Have fun. Take care of each other with a warrior spirit, positive mental attitude and a servant’s heart,'" Madary said. "By working every day to live up to this philosophy, we have created a truly world-class workplace, and we're so deeply honored that it's been recognized by the Multifamily Leadership Summit."

JVM Realty Corp. (JVM), a leading vertically integrated multifamily real estate investment and property management firm, today announced it has acquired The Residences at New Longview, a newly constructed 309-unit luxury apartment community in suburban Kansas City.

Located in Lee's Summit, Mo., The Residences at New Longview is adjacent to another luxury JVM community, the 206-unit New Longview Apartments. The properties are situated about 20 minutes from downtown Kansas City and in one of the nation's most thriving suburbs. Lee's Summit was ranked No. 43 in Money's 2016 "Best Places to Live" listing.

"There could not be a more perfect fit for JVM than The Residences at New Longview," said Jay Madary, president and CEO of JVM, which owns and manages luxury apartment communities in secondary and tertiary markets in the Midwest. "Lee's Summit is a truly dynamic city, one that offers high-paying jobs and plenty of opportunities for recreation and entertainment. With the favorable demographics in the area and the implementation of our top-notch marketing and revenue-management platforms, we see plenty of opportunity for demand and revenue growth at this community. Plus, with these adjacent properties, we will be able to offer prospects multiple options at different price points."

The Residences of New Longview is conveniently located near I-470, I-435 and U.S. 50, enabling residents to easily move about the metro Kansas City area. The community is just a short drive from the Summit Technology Campus, which is home to Cerner, a health information technology provider and a major employer in the area. The campus is indicative of Lee's Summit’s broad-based economy that has benefited from strong growth in various sectors, including healthcare, technology and education. 

The submarket’s economy also benefits from a strong retail sector, which includes the Summit Woods Crossing and Summit Fair shopping centers. Summit Woods Crossing is home to Bath & Body Works, Best Buy, Eddie Bauer Outlet, Helzberg Diamonds and Target. Among the notable retailers in Summit Fair are Chico's, Jos. A. Bank and Macy's. St. Luke’s East Hospital and the numerous adjacent smaller medical centers are in the area as well, and the community is located within Lee Summit's highly acclaimed public school district.      

Outdoor enthusiasts will enjoy nearby Longview Lake Park, which includes a 930-acre lake, public golf course, beach facilities, boat ramps, hiking/biking trails, camping sites and horse park. 

The 15-acre Residences of New Longview offers one- and two-bedroom homes. The apartment homes feature gourmet kitchens, granite countertops, stainless steel appliances, 9- to 12-foot ceilings with crown molding, and full-sized washers and dryers.

Community amenities include a resort-style, saltwater pool; clubhouse with business center, theater and pub; massage therapy room; tanning bed; and Google Fiber TV and Internet service.

JVM Realty Corporation (JVM), a leading vertically integrated multifamily real estate investment and property management firm, today announced it has acquired The Aventine at Oakhurst North, a 464-unit luxury apartment community in Aurora, Ill.

To boost the community’s appeal to a new level, JVM will embark on a renovation program to bring its own brand of customer-centric services and amenities to the already beautiful community, which offers one- and two-bedroom apartment homes and a full amenity package.  

"The Aventine at Oakhurst North is an excellent addition to our portfolio of high-performing luxury apartment communities in suburban Chicago and secondary and tertiary markets throughout the Midwest," said Jay Madary, president and CEO of JVM. "Our renovations to The Aventine will add substantial value to the neighborhood, enhance its already considerable appeal to renters and capture even more of the rapidly growing demand for high-end, quality apartment housing in the Chicago suburbs."

Apartment interiors will be renovated to feature upgraded kitchens and baths, contemporary lighting packages, new hardware and flooring. The buildings' exteriors will be refreshed with new paint colors, and the grounds will be manicured with updated landscaping and a uniform sign package. Enhanced pet-friendly amenities such as an additional dog park and pet washing area will be added. 

Furthermore, the clubhouse will be reimagined to accommodate a larger fitness center with on-demand fitness classes, electronic package delivery management service, and an array of indoor and outdoor entertainment and recreation options. Complimentary WiFi will be added to common areas so residents can stay connected while enjoying their new surroundings.   

The Aventine at Oakhurst North is conveniently located to several retail establishments including the Chicago Premium Outlets Mall and Fox Valley Mall. Chicago Premium Outlets is home to Ann Taylor, Armani Exchange, Calvin Klein, Gap Factory and Ugg Australia. Among the notable retailers in Fox Valley Mall are Abercrombie & Fitch, Macy's and Whole Foods Market. 

Also within a short drive are several entertainment destinations, including the historic Paramount Theatre, which features Broadway shows, concerts and comedy performances. More active residents will enjoy being near the DuPage Swimming Center, the Great Lakes Volleyball Center and Brooklyn Park. Aurora University and North Central College are in the area as well. 

Community amenities at Aventine at Oakhurst North include an indoor lap pool, outdoor pool and sundeck, outdoor grilling station, outdoor fire-pit, garage parking, 24-hour fitness center, clubhouse, coffee bar and resident business center.

Apartment homes at the community feature private entrances, 9-foot or vaulted ceilings, large soaking tubs, full-sized washers and dryers, large patios and balconies, and loft-style layouts.

JVM Realty Corporation (JVM), a leading vertically integrated multifamily real estate investment and property management firm, today announced that it has named Ryan Lodes as vice president of capital markets. 

With more than 20 years of experience in the financial services and investment industries, Lodes will oversee JVM's marketing efforts to independent registered investment advisors, wealth managers and their clients across the country. Ryan spearheaded JVM’s successful membership application for DTCC’s Alternative Investment Product (AIP) platform, which enables the firm’s current investment funds to be held on most major custodial platforms such as Charles Schwab, T.D. Ameritrade, Fidelity (NFS) and Pershing. As an approved product, JVM’s Multi-Family Premier Fund II, LLC, and JVM Realty Apartment Fund 6, LLC, are purchased, priced and distributions are paid through the custodian. No longer are these investments “held away,” but rather kept under the umbrella of the wealth manager or advisor.

"JVM is dedicated to hiring the most talented and experienced associates in the industry," said Jay Madary, president and CEO of JVM. "Ryan’s strong background in private equity and track record of producing results make him the perfect fit for JVM."

Lodes recently served as vice president of national sales and business development for APRO II, LLC, a private equity fund sponsored by America First Real Estate Group that acquires, develops and operates apartment communities primarily in the Midwest. He successfully raised over $65 million from wealth managers and their clients via the AIP platform for APRO II, LLC, from 2014 to 2015.

Lodes has been responsible for the structuring, development, sales and distribution of various investor programs, including non-traded REITs, business development companies (BDCs), direct investments, Regulation D offerings and private equity. During his career, he and his teams have raised a combined $500 million in investor and institutional equity. 

"I could not be more excited about the opportunity to present and position JVM’s current offerings to advisors and their clients." Lodes said. "This is a first-class organization that has strategically structured its private equity investments to meet the needs of their investors and has built a solid reputation over the years because of trust and proven performance. Being able to now also assist wealth managers in portfolio diversification for their clients is a natural extension of the business model.”  

Lodes studied finance at California State University-Fullerton and holds FINRA securities licenses as general securities representative (7), general securities principal (24), investment banking representative (79) and operations professional (99).  He will be based in Orange County, Calif.