JRK Property Holdings
Overall Ranking (90%)
The Overall Ranking is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company, taking everything into account.
The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.
The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.
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Chairman and CEO Jim Lippman founded JRK in 1991 to own and operate multifamily properties. JRK's strategy was simple: to acquire underperforming or undervalued apartment buildings, actively manage them to maximize cash flow, and opportunistically refinance or sell to local and regional operators. In 1992, Los Angeles-based JRK closed on its first acquisitions, the La Privada Apartments and the Northridge Apartments, which were purchased from the Resolution Trust Company. Over the next two decades, JRK formed a series of partnerships and joint ventures, including a $203 million private equity fund in 2007, to acquire, own and operate in excess of 47,000 multifamily units. In 2010, JRK was recognized as one of the largest multifamily owners and managers in the United States by both the National Multi-Housing Council and Multifamily Executive Magazine.
In addition to multifamily, JRK owns and operates a significant commercial real estate portfolio consisting of hotel, office, industrial, and storage properties. JRK employs over 1,200 professionals in the areas of acquisitions, dispositions, Asset Management, property management, accounting, finance, and human resources.
JRK is comprised of three distinct operating subsidiaries:
JRK Residential Group: Asset Management and property management of JRK's multifamily portfolio.
JRK Hotel Group: Asset Management and property management of JRK's hotel portfolio.
JRK Investors: Sourcing, financing and executing JRK's investments, as well as asset management of JRK's office, industrial and storage properties.
11766 Wilshire Boulevard
Los Angeles, CA