Jones Street Investment Partners

Overview

Jones Street Investment Partners is a privately held real estate investment management firm specializing in multifamily assets located in the Northeast and Mid-Atlantic regions of the United States. Founded in 2014, the firm has built a trusted and reliable investment management platform with infrastructure in place to support future growth. Jones Street aligns its institutional-quality investment and operational approach with the economic and strategic interests of its investors, making it a trusted source of investment opportunities for its capital partners. The firm's portfolio consists of over 6,800 apartment units across eight states, with approximately $2 billion in assets under management and $745 million in equity invested. Jones Street operates in Connecticut, Maine, Massachusetts, New Hampshire, New York, Pennsylvania, Rhode Island, and Virginia. The firm employs a team of 180 professionals, including 55 corporate employees and 125 on-site property management staff. Jones Street Residential, the firm's fully integrated property management operation, provides full control over the pursuit of investment strategies and enactment of business plans. The firm's investment strategy focuses on acquiring undervalued, well-located multifamily properties in supply-constrained Northeast and Mid-Atlantic markets, enhancing their value through operational improvements and superior customer service. This approach has resulted in a 2.2x gross equity multiple and a 14.4% gross internal rate of return on a $35 million equity investment from the sale of three multifamily properties in Albany, NY, Hanover, MA, and Norton, MA. Jones Street's commitment to expanding its footprint in key undersupplied Northeast markets is exemplified by its development projects, such as the Atlantic Pointe community in Brunswick, ME, which added 64 multifamily units to the existing 181-unit community. The firm's disciplined and experienced approach to multifamily investment has established it as a significant player in the real estate investment sector, with a focus on delivering value to its investors and providing high-quality housing to communities across the Northeast and Mid-Atlantic regions.

Investment Focus

• Institutional-quality investment and operational approach
• Alignment with economic and strategic interests of investors
• Focus on multifamily assets in Northeast and Mid-Atlantic regions of the United States

Portfolio Companies