JMI Realty is a private real estate investment and development company that was organized in 1992 as the real estate investment subsidiary of JMI Services, Inc., the investment vehicle of the John J. Moores family. In 1998, JMI Realty was appointed by the City of San Diego and the San Diego Padres to act as the Master Developer of the Ballpark District. JMI Realty's successful planning and implementation of the Ballpark District Master Plan resulted in over $3.0 billion of redevelopment, and is viewed nationally as a template for successful urban revitalization. Over the last two decades, JMI Realty has also been active in developing and acquiring hotel projects. JMI Realty currently manages a real estate investment portfolio valued at approximately $800 million and has sold approximately $550 million of land, office, hotel and multifamily investments.