JRE Partners® Company Profile

Background

JRE Partners® is a boutique real estate investment firm headquartered in New York City. Established in 2022, it serves as the independent successor to Junius Real Estate Partners, a direct real estate investment division founded within J.P. Morgan in 2011. The firm specializes in providing global investors with access to commercial and residential real estate investment opportunities through managed investment vehicles. JRE Partners is a Registered Investment Advisor with the Securities and Exchange Commission.

Key Strategic Focus

JRE Partners focuses on sourcing, structuring, and managing direct investments in U.S. commercial and residential real estate, emphasizing value-creation opportunities. The firm invests directly and in partnership with leading real estate firms, typically holding controlling equity positions. Their investment strategy is characterized by a commitment to teamwork, transparency, communication, and ownership, aiming to establish and maintain productive and sustainable relationships with real estate counterparts.

Financials and Funding

As a privately owned and operated firm, JRE Partners does not publicly disclose detailed financial information. However, it is known that the firm manages a portfolio of investments across various property types and U.S. markets, indicating a robust financial position.

Pipeline Development

JRE Partners has a diverse portfolio of investments, including:

Chicago Athletic Association: A historic hotel located in Chicago, IL.

Four Seasons Hotel & Private Residences Nashville: A luxury hotel and residential property in Nashville, TN.

Hooters Casino Resort: A casino resort situated in Las Vegas, NV.

Lansbrook Village: A residential community in Palm Harbor, FL.

One Court Square: A commercial property in Long Island City, NY.

Parq at Iliff Station: A residential development in Aurora, CO.

Salamander Resort & Spa: A luxury resort in Middleburg, VA.

Select Service Portfolio: A collection of 17 Marriott-branded select service hotels totaling 1,888 keys located in Ohio's primary markets of Cleveland, Cincinnati, Columbus, and Toledo.

SoNYa: A property in Washington, D.C.

The Madelon: A development in San Francisco, CA.

The Park Bel Air: A property in Los Angeles, CA.

The Streets of Woodfield: A commercial property in Schaumburg, IL.

Zero Irving: A development in New York, NY.

21c Chicago: A hotel in Chicago, IL.

21c Kansas City: A hotel in Kansas City, KS.

21c Nashville: A hotel in Nashville, TN.

These investments reflect the firm's strategic focus on properties with significant value-creation potential.

Technological Platform and Innovation

JRE Partners leverages its extensive experience in property ownership and real estate capital markets to provide investors with strategic, professionally managed investment opportunities. The firm's approach emphasizes direct investment, asset management, construction and development, property operations, finance, product development, fundraising, and marketing.

Leadership Team

JRE Partners comprises an integrated team of seasoned professionals proficient in real estate investment, management, and capital formation. Key members include:

John Fraser: Managing Principal

Alexander Mitzner: Principal

Brian Thomas: Principal

John Cooper: Director

Mike Tompkins: Director

Kevin Straub: Independent Advisor

Georgina Carnazza: Director

Amy DiChiara: Director

Shannon Lovetere: Director

Andrew McLaughlin: Associate

Michelle Noonan: Executive Assistant & Business Coordinator

This team brings a wealth of experience in real estate acquisition, development, financing, operations, marketing, and capital markets.

Leadership Changes

In March 2022, the entire investment team, portfolio management services, and certain other business functions and professional personnel of Junius Real Estate Partners departed J.P. Morgan to join JRE Partners, a newly formed, independently owned entity. This transition was led by Managing Principal John Fraser.

Competitor Profile

Market Insights and Dynamics

The real estate investment industry is characterized by significant competition, with numerous firms vying for attractive investment opportunities. The market is influenced by factors such as economic conditions, interest rates, and regional demand for commercial and residential properties.

Competitor Analysis

JRE Partners operates in a competitive landscape alongside firms such as Money Manager, Oarsman Capital, Wright Investment Partners, John Galt Wealth Solutions, and Post Oak Investment Management. These competitors focus on various aspects of real estate investment and management, each bringing unique strategies and expertise to the market.

Strategic Collaborations and Partnerships

JRE Partners collaborates with leading real estate firms, typically in controlling equity positions, to source, structure, and manage direct investments. This collaborative approach allows the firm to leverage the expertise and resources of its partners to enhance investment outcomes.

Operational Insights

JRE Partners' strategic considerations include maintaining a strong commitment to teamwork, transparency, communication, and ownership. These principles guide the firm's operations and investment decisions, enabling it to establish and maintain productive and sustainable relationships with real estate counterparts.

Strategic Opportunities and Future Directions

JRE Partners aims to continue its focus on creating and executing high-quality real estate investments with meaningful equity value. The firm's expertise in direct investment, asset management, construction and development, property operations, finance, product development, fundraising, and marketing positions it well to capitalize on future opportunities in the U.S. real estate market.