LOS ANGELES—The Los Angeles-based JRK Investors has acquired $325 million in multifamily properties so far this year through its two investment funds. The six properties through the two investment funds are located throughout the US and have a total of 2,082 units.

JRK Investors primary investment fund has $600 million, and is focused on purchasing class-A multifamily properties built in 1990 or later. The secondary, b-fund is a $230 million investment vehicle focused on acquiring multifamily properties built in 1989 or earlier. JRK seeks a mix of strong investors for its funds, and has a strong mix of high net worth individuals, pension funds other institutions that invest in the funds.

“We have 55,000 units, and we are growing across the country, buying the Midwest, Southwest, Southeast and the Northeast,” James Bloomingdale, SVP and head of acquisitions at JRK Investors, tells GlobeSt.com. “We are buying everywhere that we see opportunities. Every deal that we are looking at has a repositioning play, for the most part, whether it is a full value-add or a minor repositioning.”

Recommended For You

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.