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JM Real Estate, Inc., Acquired by Property Management Company Tzadik Management, Further Expanding the Company

JM Real Estate, Inc., a full-service commercial property management, leasing and sales company based in Brevard County, Florida, was acquired by Tzadik Management, an industry-leading, multi-family property management company based in Miami-Dade County, Florida and in Sioux Falls, South Dakota. The acquisition includes management contracts for 60 locations, totaling over 2.5 million square feet of retail, office, medical and industrial-type properties.

“We are thrilled to join our principles with Tzadik Management, a larger management company, and continue to expand outside our local market,” said Jewel McDonald, broker/director of Brokerage Services for JM Real Estate, Inc. “This acquisition allows us to stay competitive with today’s technological advancements in commercial property management and brokerage activities.”

JM Real Estate, Inc., which was founded in 1997, has a current portfolio of approximately 2.5 million square feet and an estimated value of more than $300 million. It has been involved in millions of square feet of acquisitions and dispositions of commercial investment properties, primarily multi-tenant office and retail spaces. The company has also been involved in development projects, and ultimately disposition spanning the full spectrum of commercial investment real estate.

This marks the first acquisition in 2020 for Tzadik Management, a rapidly growing and innovative company. While Tzadik Management currently owns and manages commercial real estate nationwide, this is the first time the company has acquired a commercial brokerage real estate firm. JM Real Estate, Inc., has thrived in its local market of Melbourne, Florida, and Tzadik Management has been successful at expanding and branching into new markets. This acquisition allows for a strong, full-service real estate company, that offers both residential and commercial services.

A few of the projects that Tzadik Management currently manages are Tzadik Bay in Daytona Beach, Florida; and City View Apartments in Omaha, Nebraska.

JM Real Estate, Inc., has recently leased or sold several high-profile properties. These include a new management contract for Shoppes of Minton in West Melbourne, Florida; a renewal with Ross Stores and TGI Fridays in the Best Buy Plaza in Melbourne, Florida; and significant leases in the Rialto Place Office Tower for L3 Harris in Melbourne, Florida.

As the market begins to turn via receivership and third-party opportunities, Tzadik Management is poised to acquire assets. Since being founded in 2007, Tzadik Management has managed more than $1 billion in apartment complexes, over 15 million square feet of commercial real estate, and more than 19,000 units in over 20 states.

In 2020, Tzadik Management will continue to strategically target property management partners whose core values align with its own, while also expanding its real estate investments in the Upper Midwest and other special circumstance acquisitions.

Overseeing the onboarding and transition for the acquisition is Christina Alletto, chief people officer with Tzadik Management and president of JM Real Estate, Inc.

“We look forward to this integration and building on an already stellar reputation,” said Alletto. “Through excellent management, a focus on company culture, and a tech-driven style of operating, we are pleased to bring a new level of automation and customer service to the JM team.”

About Tzadik Management and JM Real Estate, Inc.

Tzadik Management is a growing, innovative and driven real estate and property management company based in Miami, Florida and Sioux Falls, South Dakota. Since its formation in 2007, Tzadik has managed more than $1 billion in apartment complexes, over 15 million square feet of commercial real estate and more than 19,000 units in over 20 states. Tzadik acquired JM Real Estate, Inc., a full-service, commercial property management, leasing, sales and investment acquisition company that is located in Brevard County, Florida. JM specializes in multi-tenant office, retail, medical and industrial properties, and serves from Titusville to Palm Bay. JM has represented millions of square feet of acquisitions and dispositions of commercial investment properties, primarily multi-tenant office and retail. For more information about Tzadik, visit https://tz-m.com or call (305) 770-6383. For more information about JM Real Estate, Inc., visit www.JMRealEstate.com or call (321) 242-2882.

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Five Things That Need to be in Your Resume or Cover Letter

To paraphrase Jerry Maguire, help us help you. As we sift through the paperwork, here’s what we are looking for:

1. What you love to do and why.

In PR, you may love writing, editing, interviewing, pitching the media, researching, coordinating events, networking, posting to social media … whew! While we would love it if you had a passion for it all, we’d never believe you if you said as much.

What part of this zany, crazy, whirlwind, yet meticulous, tedious, detail-oriented, profession calls to you and why? Help us make the connection as to how PR is really for you, and call it your Professional Summary.

2. Something you did that changed something or someone else.

If you never showed up to your last job, what wouldn’t have happened? That’s right. Erase yourself. Now which clients disappeared with you? Which articles just fade away? What press releases cease to exist? How much social media did NOT get liked?

We are just meeting you. So take a moment to spell out your impact, and it will be easier for us to see what you can do for the clients of Durée & Company. Share this under your Job Responsibilities.

3. Anything you created.

Feeling humble? Well, stop it. This is the part where you brag. If you craft a delightful blog, master a mind-blowing website, shoot crazy video or direct wonderful events, show us.

Then tell us a bit of how you did it, so we trust that it was your brilliance and not the intern’s. Let’s dub this Your Portfolio.

4. An indication of why you belong here.

At PR firm Durée & Company, we have a culture. Really, all companies do. To learn about ours, do some legwork. At this point, if you’re on our blog, you are in the right spot to begin learning. Hate pink? Not good with women? Live in Kansas? Low energy? Then you might want to reconsider applying. However, if we resemble a group that you’d like to hang out with, share why. You can do that in the Cover Letter.

5. Correctly spelled words – all of them.

Do more than hit spell check. Know how to spell or ask someone to proofread. Correctly spelled words work everywhere, all the time. Consider them the Little Black Dresses of resumes.

So consider these five tips – we’ve just given you a “cheat sheet” about what we’re watching out for. Even if our position may not be for you, feel free to use our advice for another – it may just get you the job!