Real Estate finance, investment and consulting represents our largest practice area. We focus on active 55+ community development, housing development in low income markets and manufactured housing communities. Mastiff searches for opportunities where other investors would shy away. Operating throughout the country including Illinois, Tennessee, Indiana and Florida, Mastiff partners with management teams to create substantial value in otherwise overlooked assets.
Mastiff is the managing member of the rapidly growing JMD Properties.
JMD Properties and JMD MHC (JMDP) focus on several markets spaces including multi-family, subdivision development and manufactured housing communities in burgeoning locations. Through careful market study and on the ground research the team at JMDP is able to discover opportunities in various markets that are often neglected by larger institutions.
The River Club is an active 55 and older community located in the foothills of the Cumberland Plateau. Situated on 150 acres and boasting pristine water views, the community is just minutes away from historic downtown Cookville, nationally ranked medical facilities and convenient shopping. Residents enjoy amenities such as a fitness center, clubhouse and pool. There is a 10 acre park with waterfall views under construction.
Please visit our website, theriverclubtn.com, for additional information, including links to our social media sites.
Purchased in 2014, 2338 Seeley Avenue is located in the heart of the trendy Bucktown neighborhood of Chicago. The building is a warehouse with over 6,000 square feet of rentable space including an office. The building is currently income producing with a long-term tenant.
Recently placed under contract, this 20+ acre parcel of land will soon become home to over 300 apartment units. With a mix consisting of one, two and three bedroom flats, the property will host amenities such as a clubhouse and a pool.
With a total of 734 pad sites, Village Green occupies nearly 200 acres and is the second largest manufactured home community in Indiana. Purchased just a couple years ago, the current appraised value is nearly double the purchase price. Mastiff acted as the lead investor in this transaction and continues to oversee day to day operations in conjunction with our nationally recognized management company. Prior to the purchase, the property had been mismanaged and was in various states of disrepair. An influx of capital has provided for the placement of new homes and a complete beautification of the property; resulting in not only increased occupancy but also a higher class of tenant.