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JPI history
JPI company history timeline
After gaining experience in thermocouple technology he designed his first Scanner™ in 1979, for his Cessna 172.
In 1983 ever profitable Southland Life Insurance was sold for $352 million and still Carpenter had to borrow heavily.
They twice turned to Michael Milken to raise $200 million in junk bonds, but with the crash of the Dallas real estate market in 1986, Los Colinas was saddled with excessive debt and Southland came close to losing the development.
Finally in 1988 Teachers Insurance and Annuity Association and JMB Realty, a Chicago-based real estate corporation, saved the Carpenters from bankruptcy.
1991: Hunt Consolidated buys a 50 percent stake in JPI.
In 1994, in order to focus on apartment construction and management, it merged its commercial property operations, a portfolio of some three million square feet, with Texas-based Fuller-Macfarlan Real Estate Services.
1994: Received our 501(c)(3) Non-Profit tax exempt status
1997: GE Capital Service forms joint venture with JPI.
Sales: $1 billion (2000 est.)
Finally in 1988 Teachers Insurance and Annuity Association and JMB Realty, a Chicago-based real estate corporation, saved the Carpenters from bankruptcy. It was scheduled to open in the fall of 2002.
2013: Moved to an office on Main Street in Floyd, Virginia in June
2016: Purchased 25-acre farm in February to provide a permanent base for Biodynamic Preparations in North America
© 2022 The Josephine Porter Institute.
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JPI competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Energy Resource Center | 1979 | $5.0M | 125 | - |
| Texas American Resources | 1990 | $33.4M | 30 | - |
| Scenic Rivers Land Trust | 1988 | $284.9K | 5 | - |
| TRT Holdings | 1989 | $1.0B | 12,000 | - |
| National Resource Management | 1992 | $8.5M | 90 | - |
| Ehs | 1983 | $1.1M | 20 | - |
| Idm | - | - | - | 8 |
| EXPLORATION SERVICES | 1997 | $1.8M | 26 | 6 |
| Global Maritime Transportation Services | 1996 | $4.5M | 30 | - |
| Wild Well | - | - | - | - |
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Zippia gives an in-depth look into the details of JPI, including salaries, political affiliations, employee data, and more, in order to inform job seekers about JPI. The employee data is based on information from people who have self-reported their past or current employments at JPI. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by JPI. The data presented on this page does not represent the view of JPI and its employees or that of Zippia.
JPI may also be known as or be related to JPI, JPI Lifestyle Apartment Communities LP and Jpi Lifestyle Apartment Communities L.P.