JRK Property Holdings in Los Angeles, California

• Business name: JRK Property Holdings
• Address:
• 11766 Wilshire Boulevard
  #15
  Los Angeles, California 90025
• Phone number: 310-268-8344
• Credit cards accepted: N/A
• Number of employees: N/A
• Map:
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• Email address:
• Category: Housing & Real Estate
• Description:
• In the late 1980s, founder Jim Lippman recognized a burgeoning opportunity evolving for real estate investors. Recent tax code changes were spurring a wholesale shift in the ownership of commercial properties throughout the United States, which was creating dislocation in the marketplace. As a result, buyers were being presented the opportunity to purchase fundamentally attractive real estate at heavily discounted prices. Jim founded JRK in 1991 to capitalize on this opportunity and offered sellers this promise: “as the buyer, JRK would close with speed and certainty.” After successfully purchasing dozens of apartment and hotel properties during its early years, Jim realized that JRK could further maximize the value of its portfolio by improving property operations and investing in renovations that generated accretive returns on investment. JRK formed its own asset management and property management divisions in 1995. Twenty years later, JRK has amassed a commercial portfolio throughout the United States valued in excess of $6 billion, and consisting of over 55,000 multifamily units, luxury and flagged hotels, and over 2 million square feet of office, industrial, and storage properties. JRK’s time-tested ability to identify attractive investment opportunities has been enhanced by its expertise in repositioning properties operationally and physically, which has delivered tremendous returns to investors and outstanding products for JRK’s residents. In 2013, JRK was recognized as the 20th largest owner of apartment properties according to 2013 NMHC rankings.
• Last update: 2014-12-30
• Visits: 835

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