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JSM Enterprises JSM Enterprises A History of Success
JSM EnterprisesJSM Enterprises
A History of Success
Welcome...
JSM Enterprises started its roots in property manangement in 1967 and branched into for-profitdevelopment in 1991. Our corporate offices are stragecially located in Campbell, CA near to the majority of our interests. Our first project, Curtner Gardens, was an SRO built in the San Jose area. Its core function was to provide an affordable housing alternative to BayArea residents. Since its completion in the early nineties, our focus has been on the development of affordable multifamily and senior communities. The past 15 years have seen the completion of 13 apartment projects containing a total of over 1,400 units. Three more projects are currently nearing completion and will bring our portfolio to 17 buildings with over 2,000 units at a total cost of over $350 million.
In light of the emerging market trends JSM has trained our focus on the for-sale housing market.More specifically, we have focused on the moderately priced, single family attached and detachedand condo markets. Our first project, consisting of 14 row houses, was an enormous success and has lead to our securing a variety of development sites throughout the greater San Francisco Bay Area. We look forward to continued growth on our new path.
Executive Bios
- James S. Morley - Our President and Founder has been involved in real estate for nearly 40 years. Having founded California Real Estate Mgmt.after a great deal of previous experience in the field of apartment management, Jim took the next logical step and began the development of his own residential communities. Today his role lies mainly in the area of businesss development including with investors, lenders and government officials. A great deal of his attention is also focused on the overseeing of current projects and the successful management of those already in service.
- Tom Dashiell - Mr. Dashiell has represented JSM Enterprises, Inc. and its affilitaed companies at General Counsel since 1994. He has expertise in all aspects of real estate development, including land use, debt and equity financing, and affordable housing-related issues, including tax credits and tax-exempt financing. Mr. Dashiell has acted JSM's attorney in all of its affordable housing projects, and in connection with the market rate Colma BART project currently nearing completion, in which Mr. Dashiell documented a land lease transaction with SamTrans, as well as the debt and equity financing for the project. He will be focusing on JSM's new development opportunities, as well as continuing in his role as legal counsel to the JSM entitites. Mr Dashiell earned his degree in law from Harvard.
- Mark C. Ruebsamen - Mr. Ruebsamen is JSM's Vice President of Project Management. His responsibilities include all apsects of the construction management process for multifamily and for sale housing. Areas of concentration include project management, construction budget and timeline development and management, due diligence analysis, design approvals and construciton oversight.
- William Colin Gray - is JSM's Vice President of Acquisitions. His foundations in real estate began at USC where he graduated with a degree in Real Estate Finance. Subsequent jobs broadened his horizons to include the areas of real estate analysis in the High Tech sector and later commercial real estate practices in San Francisco. His duties include all aspects of new business development and analysis, including pro-formas, due diligence studies and broker relations. Additional duties include project management and entitlement of the for-sale developments including budgets, timelines, general contractor oversighte and city relations. Colin also serves as the information technology and security manager for JSM.
Our Buildings
Each of our projects is site specific and responsive to its community's character.They are thoughtfully designed by carefully selected and experienced architecturalfirms. We work very closely with each of these firms to create projects which are both economically viable and responsive to the governmental and neighborhoodconcerns. Much of our success can be attributed to our ability to listen. This abilityto listen carefully to community stakeholders and to translate those concernsinto a quality design which fits its surroundings and caters to the goals of thevarious parties involved truly set us apart.
However, non of these projects could have been successes without the creativeimplementation of the various types and levels of financing required. All of ourprojects have involved some combination of tax credit equity, tax exempt bonds,city grants and loans, institutional equity, private equity and more recentlyunsubordinated ground leases. Our extensive exprience in the formulation of these complicated financing layers, working with public agencies and the compliance issues surrounding affordable housing places us among the few trulyexperienced developers that are capable of understanding these financialchallenges and who are able to successfully put these types of projects together.
The careful handling of the many facets involved in the planning, design,approval, construction and property management of our developments has ledto the development of a capable and experienced development staff. JSMprovides in-house project management, accounting, insurance monitoring,legal counsel and a strong analytical team. Each of these attributes leaves us poised for success into the coming years.
Please continue for the details on our existing projects
Arbor Terraces
Project Data:
Site Size: 1.97 AcresConstruction Cost: $14,542,000 Architect: Ko Architects Contractor: Branagh Cosntruction, Inc. Number of Units: 79 Senior Affordable Unit Description: 1 X 1 - 577 Sq. Ft.
2760 McKee RoadSan Jose, CA 95127(408) 251-7570 (p)(408) 251-7554 (f)
Cedar Gardens
Project Data:
Site Size: .5 AcresConstruction Cost: $6,850,000 Architect: Michael Collins Architecture Contractor: Orchard Valley Communities Number of Units: 14 Townhomes Unit Description: 1,500 - 1,850 Sq. Ft.
5593 Cedar Garden CourtSan Jose, CA 95123
The Cliff House
Project Data:
Site Size: 1.5 AcresConstruction Cost: $10,500,000 Architect: Michael Collins Architecture Contractor: Murphy Construction, Inc. Number of Units: 55 Luxury Hotel Rooms Unit Description: Rooms 350-550 Sq. Ft.
306 Canon AvenueManitou Springs, CO 80829
(888) 212-7000 (p)[email protected]
Curtner Gardens (SRO)
Project Data:
Site Size: .88 AcresConstruction Cost: $7,800,000 Architect: Jerry King Contractor: Barry Swenson Number of Units: 180 SRO Unit Description: Studios - 288 Sq. Ft.
701 Curtner AvenueSan Jose, CA 95125
(408) 265-4249 x:0 (p)(408) 265-4253 (f)
La Fenetre Project Data:
Site Size: 1.42 AcresConstruction Cost: $5,928,000 Architect: Joe Hernandez Contractor: Yamaoka Construction Number of Units: 50 Family Affordable Unit Description: 1x1 - 577 Sq. Ft.
705 Northrup StreetSan Jose, CA 95126(408) 295-2066 (p)(408) 295-2546 (f)
Las Ventanas
Project Data:
Site Size: Construction Cost: $62,000,000 Architect: James Guthrie & Associates Contractor: Branagh Construction,Inc. Number of Units: 239 Family Affordable Unit Description: 1x1 - 629 Sq. Ft. 1x1 - 664 Sq. Ft. 2x2 - 928 Sq. Ft. 2x2 - 858 Sq. Ft. 3x2 - 1,132 Sq. Ft. 3x2 - 1,330 Sq. Ft.
1800 Evans LaneSan Jose, CA 95125(408) 265-9300 (p)(408) 265-9301 (f)
5.0 Acres
La Terrazza
Project Data:
Site Size: 2.1 AcresConstruction Cost: $36,000,000 Architect: Ko Architects, Inc. Contractor: Branagh Construction, Inc. Number of Units: 153 Market Rate Apartments Unit Description: 1 Bed - 686 - 857 sq. ft. 2 Bed - 1032 - 1170 sq. ft. 3 Bed - 1228 - 1477 sq. ft. Lofts - 1098 - 1321 sq. ft.
7800 El Camino RealColma, CA 94014
Le Mirador Project Data:
Site Size: 2.86 AcresConstruction Cost: $15,418,000 Architect: Peter Ko Contractor: Branagh Construction,Inc. Number of Units: 141 Senior Affordable Unit Description: 1x1 - 576 Sq. Ft.
1191 Coleman RdSan Jose, CA 95120(408) 268-9310 (p)(408) 265-9313 (f)
Miranda Villa
Project Data:
Site Size: .94 AcresConstruction Cost: $7,827,000 Architect: Ko Architects Contractor: Branagh Construction, Inc. Number of Units: 109 Senior Affordable Unit Description: Studio - 306 Sq. Ft. 1x1 - 427 Sq. Ft
2094 Forest AvenueSan Jose, CA 95128(408) 295-5581 (p)(408) 295-5653 (f)
Oak Tree Village
Project Data:
Site Size: 5.0 AcresConstruction Cost: $50,212,000 Architect: Ko Architects, Inc. Contractor: Branagh Construction, Inc. Number of Units: 175 Family Affordable Units Unit Description: 1 Bed - 712 - 733 Sq. Ft. 2 Bed - 1,036 - 1,135 Sq. Ft. 3 Bed - 1,198 - 1,278 Sq. Ft.
100 Branham Lane EastSan Jose, CA 95111
Plaza Del Sol
Project Data:
Site Size: 2.0 AcresConstruction Cost: $8,169,000 Architect: Peter Ko Contractor: Branagh Construction, Inc. Number of Units: 80 Senior Affordable Unit Description: 1x1 - 547 Sq. Ft.
1380 Blossom Hill RoadSan Jose, CA 95118(408) 264-0900 (p)(408) 264-2800 (f)
Quail Hills
Project Data:
Site Size: 1.75 AcresConstruction Cost: $13,331,000 Architect: Peter Ko Contractor: Branagh Construction, Inc. Number of Units: 96 Senior Affordable Unit Description: 1x1 - 577 Sq. Ft.
1260 Piedmont RoadSan Jose, CA 95132(408) 926-4250 (p)(408) 926-4286 (f)
Sienna
Project Data:
Site Size: 2.97 AcresConstruction Cost: $15,244,000 Architect: Peter Ko Contractor: Branagh Construction, Inc. Number of Units: 140 Senior Affordable Unit Description: 1x1 - 682 Sq. Ft.
1496 Almaden RoadSan Jose, CA 95125(408) 971-9640 (p)(408) 971-9642 (f)
Terramina Square
Project Data:
Site Size: 3.74 AcresConstruction Cost: $36,251,000 Architect: Peter Ko Contractor: Branagh Construction, Inc. Number of Units: 156 Family Affordable Unit Description: 1x1 - 700 Sq. Ft. 2x2 - 1,005 Sq. Ft. 3x2 - 1,160 Sq. Ft. 3x2 - 1,161 Sq. Ft.
410 N. White RoadSan Jose, CA 95127(408) 259-8105 (p)(408) 259-8106 (f)
The Verandas Project Data:
Site Size: 3.42 AcresConstruction Cost: $12,615,000 Architect: Peter Ko Contractor: Branagh Construction, Inc. Number of Units: 92 Family Affordable Unit Description: 1x1 - 682 Sq. Ft. 2x2 - 891 Sq. Ft. 3x2 - 1,137 Sq. Ft.
1868 N. Capitol AvenueSan Jose, CA 95132(408) 263-8770 (p)(408) 263-8702 (f)
Villaggio
Project Data:
Site Size: 1.97 Acres Construction Cost: $14,542,000 Architect: Peter Ko Contractor: Branagh Construction, Inc. Number of Units: 79 Senior Affordable Unit Description: 1x1 - 577 Sq. Ft.
2855 The Villages ParkwaySan Jose, CA 95135(408) 270-7040 (p)(408) 270-7048 (f)
Villa Solera
Project Data:
Site Size: 1.66 AcresConstruction Cost: $19,292,000 Architect: Peter Ko Contractor: Branagh Construction, Inc. Number of Units: 100 Family Affordable Unit Description: 1x1 - 667 Sq. Ft. 1x1 - 783 Sq. Ft. 2x2 - 959 Sq. Ft. 2x2 - 1,027 Sq. Ft.
1385 Lucretia AvenueSan Jose, CA 95122(408) 975-0581 (p)(408) 975-0585 (f)
Villa Torre I
Project Data:
Site Size: 1.94 AcresConstruction Cost: $20,395,000 Architect: Peter Ko Contractor: Branagh Construction, Inc. Number of Units: 103 Family Affordable Unit Description: 1x1 - 715 Sq. Ft. 2x1 - 1,007 Sq. Ft. 3x2 - 1,141 Sq. Ft.
955 S. Sixth StreetSan Jose, CA 95112(408) 292-4600 (p)(408) 292-4644 (f)
Villa Torre II
Project Data:
Site Size: 1.66 Acres Construction Cost: $19,292,000 Architect: Peter Ko Contractor: Branagh Construction, Inc. Number of Units: 88 Family Affordable Unit Description: 1x1 - 715 Sq. Ft. 2x1 - 1,007 Sq. Ft. 3x2 - 1,141 Sq. Ft.
965 S. Sixth StreetSan Jose, CA 95112(408) 280-1520 (p)(408) 280-1521 (f)
