JSM Enterprises

JSM Enterprises
A History of Success
Welcome...
JSM Enterprises started its roots in property manangement in 1967 and branched into for-profit
development 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 Bay
Area 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 detached
and 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 -
- Tom Dashiell -
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.
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 architectural
firms. We work very closely with each of these firms to create projects which are
both economically viable and responsive to the governmental and neighborhood
concerns. Much of our success can be attributed to our ability to listen. This ability
to listen carefully to community stakeholders and to translate those concerns
into a quality design which fits its surroundings and caters to the goals of the
various parties involved truly set us apart.
However, non of these projects could have been successes without the creative
implementation of the various types and levels of financing required. All of our
projects have involved some combination of tax credit equity, tax exempt bonds,
city grants and loans, institutional equity, private equity and more recently
unsubordinated 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 truly
experienced developers that are capable of understanding these financial
challenges 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 led
to the development of a capable and experienced development staff. JSM
provides 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:
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Unit Description:
1.97 Acres
$14,542,000
Ko Architects
Branagh Cosntruction, Inc.
79 Senior Affordable
1 X 1 - 577 Sq. Ft.
2760 McKee Road
San Jose, CA 95127
(408) 251-7570 (p)
(408) 251-7554 (f)
[email protected]
Cedar Gardens
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Unit Description:
5593 Cedar Garden Court
San Jose, CA 95123
.5 Acres
$6,850,000
Michael Collins Architecture
Orchard Valley Communities
14 Townhomes
1,500 - 1,850 Sq. Ft.
The Cliff House
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1.5 Acres
$10,500,000
Michael Collins Architecture
Murphy Construction, Inc.
55 Luxury Hotel Rooms
Rooms 350-550 Sq. Ft.
306 Canon Avenue
Manitou Springs, CO 80829
(888) 212-7000 (p)
[email protected]
Curtner Gardens (SRO)
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701 Curtner Avenue
San Jose, CA 95125
(408) 265-4249 x:0 (p)
(408) 265-4253 (f)
[email protected]
.88 Acres
$7,800,000
Jerry King
Barry Swenson
180 SRO
Studios - 288 Sq. Ft.
La Fenetre
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705 Northrup Street
San Jose, CA 95126
(408) 295-2066 (p)
(408) 295-2546 (f)
[email protected]
1.42 Acres
$5,928,000
Joe Hernandez
Yamaoka Construction
50 Family Affordable
1x1 - 577 Sq. Ft.
Las Ventanas
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5.0 Acres
$62,000,000
James Guthrie & Associates
Branagh Construction,Inc.
239 Family Affordable
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 Lane
San Jose, CA 95125
(408) 265-9300 (p)
(408) 265-9301 (f)
[email protected]
La Terrazza
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Unit Description:
7800 El Camino Real
Colma, CA 94014
2.1 Acres
$36,000,000
Ko Architects, Inc.
Branagh Construction, Inc.
153 Market Rate Apartments
1 Bed - 686 - 857 sq. ft.
2 Bed - 1032 - 1170 sq. ft.
3 Bed - 1228 - 1477 sq. ft.
Lofts - 1098 - 1321 sq. ft.
Le Mirador
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1191 Coleman Rd
San Jose, CA 95120
(408) 268-9310 (p)
(408) 265-9313 (f)
[email protected]
2.86 Acres
$15,418,000
Peter Ko
Branagh Construction,Inc.
141 Senior Affordable
1x1 - 576 Sq. Ft.
Miranda Villa
2094 Forest Avenue
San Jose, CA 95128
(408) 295-5581 (p)
(408) 295-5653 (f)
[email protected]
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.94 Acres
$7,827,000
Ko Architects
Branagh Construction, Inc.
109 Senior Affordable
Studio - 306 Sq. Ft.
1x1 427 Sq. Ft
Oak Tree Village
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Unit Description:
100 Branham Lane East
San Jose, CA 95111
5.0 Acres
$50,212,000
Ko Architects, Inc.
Branagh Construction, Inc.
175 Family Affordable Units
1 Bed - 712 - 733 Sq. Ft.
2 Bed - 1,036 - 1,135 Sq. Ft.
3 Bed - 1,198 - 1,278 Sq. Ft.
Plaza Del Sol
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1380 Blossom Hill Road
San Jose, CA 95118
(408) 264-0900 (p)
(408) 264-2800 (f)
[email protected]
2.0 Acres
$8,169,000
Peter Ko
Branagh Construction, Inc.
80 Senior Affordable
1x1 - 547 Sq. Ft.
Quail Hills
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1260 Piedmont Road
San Jose, CA 95132
(408) 926-4250 (p)
(408) 926-4286 (f)
[email protected]
1.75 Acres
$13,331,000
Peter Ko
Branagh Construction, Inc.
96 Senior Affordable
1x1 - 577 Sq. Ft.
Sienna
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1496 Almaden Road
San Jose, CA 95125
(408) 971-9640 (p)
(408) 971-9642 (f)
[email protected]
2.97 Acres
$15,244,000
Peter Ko
Branagh Construction, Inc.
140 Senior Affordable
1x1 - 682 Sq. Ft.
Terramina Square
410 N. White Road
San Jose, CA 95127
(408) 259-8105 (p)
(408) 259-8106 (f)
[email protected]
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3.74 Acres
$36,251,000
Peter Ko
Branagh Construction, Inc.
156 Family Affordable
1x1 - 700 Sq. Ft.
2x2 - 1,005 Sq. Ft.
3x2 - 1,160 Sq. Ft.
3x2 - 1,161 Sq. Ft.
The Verandas
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1868 N. Capitol Avenue
San Jose, CA 95132
(408) 263-8770 (p)
(408) 263-8702 (f)
[email protected]
3.42 Acres
$12,615,000
Peter Ko
Branagh Construction, Inc.
92 Family Affordable
1x1 - 682 Sq. Ft.
2x2 - 891 Sq. Ft.
3x2 - 1,137 Sq. Ft.
Villaggio
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1.97 Acres
$14,542,000
Peter Ko
Branagh Construction, Inc.
79 Senior Affordable
1x1 - 577 Sq. Ft.
2855 The Villages Parkway
San Jose, CA 95135
(408) 270-7040 (p)
(408) 270-7048 (f)
[email protected]
Villa Solera
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1385 Lucretia Avenue
San Jose, CA 95122
(408) 975-0581 (p)
(408) 975-0585 (f)
[email protected]
1.66 Acres
$19,292,000
Peter Ko
Branagh Construction, Inc.
100 Family Affordable
1x1 - 667 Sq. Ft.
1x1 - 783 Sq. Ft.
2x2 - 959 Sq. Ft.
2x2 - 1,027 Sq. Ft.
Villa Torre I
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955 S. Sixth Street
San Jose, CA 95112
(408) 292-4600 (p)
(408) 292-4644 (f)
[email protected]
1.94 Acres
$20,395,000
Peter Ko
Branagh Construction, Inc.
103 Family Affordable
1x1 - 715 Sq. Ft.
2x1 - 1,007 Sq. Ft.
3x2 - 1,141 Sq. Ft.
Villa Torre II
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965 S. Sixth Street
San Jose, CA 95112
(408) 280-1520 (p)
(408) 280-1521 (f)
[email protected]
1.66 Acres
$19,292,000
Peter Ko
Branagh Construction, Inc.
88 Family Affordable
1x1 - 715 Sq. Ft.
2x1 - 1,007 Sq. Ft.
3x2 - 1,141 Sq. Ft.