JPI Welcomes Industry Leader Jay Parsons as Economic Advisor

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Jay Parsons
Jay joins JPI in a part-time role, bringing his vast expertise and insight to further strengthen JPI’s position as a leader in the multifamily housing industry.

JPI, a leading developer and builder of Class A multifamily housing, is thrilled to announce Jay Parsons as JPI’s Economic Advisor. Jay is a distinguished economist, advisor, and industry thought leader.

During his 16 years in the industry, he has held executive and senior leadership roles at Madera Residential, RealPage, and other top organizations, shaping investment strategies, market research, and housing policy while advising institutional investors, REITs, government agencies, and non-profits. His expertise has been instrumental in guiding decision-making at the highest levels of the rental housing sector.

“Jay Parsons is an extraordinary addition to the JPI team,” said Payton Mayes, CEO of JPI. “His deep understanding of rental housing and his ability to translate complex trends into actionable strategies is invaluable. We are honored to have Jay’s expertise guide us as we continue to innovate and lead. His advocacy for housing solutions aligns perfectly with JPI’s mission to transform building, enhance communities and improve lives.”

Jay’s commentary and analysis are widely recognized across the industry and beyond. He has been cited in The Wall Street Journal, Bloomberg, The Financial Times, The Economist, The New York Times, and Politico, and has appeared on CNBC and BloombergTV. In 2023, GlobeSt. recognized him as one of its “Influencers in Multifamily Real Estate,” highlighting his contributions to advancing the industry. Jay’s podcast launched last year titled “The Rent Roll with Jay Parsons” has been widely recognized for its insightful analysis of rental housing trends and market dynamics. His LinkedIn followers just topped 100,000 and is engaging with a highly active audience of industry professionals, investors, and policymakers seeking data-driven perspectives on housing and economics.

“Jay brings more than economic expertise—he brings a profound understanding of the intricate dynamics that drive the rental housing market,” said Mollie Fadule, CFO/CIO of JPI. “His ability to integrate data with strategic vision will enhance JPI’s approach to navigating the complexities of today’s multifamily housing landscape. We are excited to welcome him to the team and look forward to leveraging his insights to drive impactful and sustainable results.”

In addition to his professional accomplishments, Jay serves on the Board of Advisors for Apartment Life, a faith-based non-profit dedicated to enhancing the experience of apartment residents and operators. He resides in the Dallas area with his wife and five children, reflecting his strong roots in the community.

“Supply is the solution for America’s housing shortage, so it’s an honor to join a company creating vibrant, sustainable communities,” said Jay Parsons. “We’re at a critical inflection point in the multifamily development business, and JPI’s leadership team impressed me with their innovative approach to delivering apartment communities more efficiently and expeditiously – while maintaining or enhancing quality – to the benefit of cities, renters and investors alike.”

Jay Parsons’ addition to JPI marks a significant milestone in the company’s continued commitment to excellence and innovation in multifamily housing. His deep expertise in analyzing economic trends and market dynamics will provide JPI with a sharper strategic edge, enabling us to better drive data-informed decisions.

JPI is a leading developer dedicated to transforming building, enhancing communities, and improving lives. With a commitment to excellence and innovation, JPI delivers Class A multifamily housing that exceeds expectations and fosters vibrant neighborhoods. By focusing on sustainable development and strategic partnerships, JPI continues to shape the future of community living while positively impacting communities nationwide.