JEM Holdings is a New York-based real estate investment firm that acquires value-add properties with a specific focus on multi-family in the Southeastern US.
Since 2013, we have acquired over 6,000 multifamily units and two office properties. The current value of our portfolio is over $450 million and we’ve exited investments valued at over $42 million since inception. Our management team has a combined 20 years of real estate experience and demonstrated expertise in identifying attractive investments, executing efficient transactions, and carrying out its value-enhancing strategies.
JEM is focused on identifying assets which generate healthy in-place cash flow and strong returns through value-add enhancements characterized by cosmetic upgrades, increased property management oversight, accretive financing, capital improvements, and property repositioning/rebranding.
Acquisitions range from $5M-$50M and typically offer economies of scale while still falling below the institutional threshold, thereby limiting competition and providing investors superior risk-adjusted returns. JEM’s objective is to provide its investors with a disciplined underwriting and investment approach, comprehensive management, and institutional quality reporting and transparency.
JEM concentrates on markets that exhibit strong population and job growth, are supply constrained, have diverse and growing economies, and where assets can be acquired at prices below replacement cost. Past acquisitions have been focused in secondary US cities such as Charlotte, Raleigh, Durham, Augusta, Charleston, Savannah, Myrtle Beach, and Nashville, among others. We’re always searching for new market opportunities.
Our reputation as buyer and seller.
Since inception, we’ve focused on cultivating an unmatched reputation for efficient and transparent ownership transfers which have afforded JEM a depth of sponsor and broker relationships throughout its target geographies.
Through existing relationships and proactive canvassing, we’ve successfully closed many off-market transactions.
Strong investor relationships.
Our investors have become accustomed to our dedication to four key tenets.
- Integrity, discipline and accountability
- Incentive alignment
- Comprehensive due diligence
- Transparency and detailed investor reporting
Hands on management.
We engage in daily property management oversight and work to ensure expenses are controlled, revenue is maximized, and capital improvements are priced sensibly and executed at the appropriate time. Each property is managed as its own entity with a tailored business plan.