Real Estate - Millegan Creek Case. Business & Marketing Case Study

The Millegan Creek Apartment: Developer
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The Millegan Creek Apartment: Developer
The decision to establish a business relationship with another entity depends on several factors such as integrity and openness. However, the most vital factor is sustainability of the business. In this regards, sustainability refers to the capability of the entity to remain proactive for a long time regardless of the changes in business environment. From this perspective, JPI is an entity that I would prefer to develop a business relationship with due to the experience it has of the real-estate market. The company showed sustainability by being one of the active developers that survived the Texas real estate crash. Similarly, a research of the best developers as well as referrals from mortgage bankers shows that JPI is one of the active developers in Texas with a large number of apartments under their name. Therefore, JPI is an entity that I could establish a relationship with due to the experience that the entity has on the market where it operates.
From the perspective of track record, JPI has a relatively impressive record of its operations in the market. The developer was founded in 1989 and since then it has been one of the most active developers in Texas even during the crash period. In the real estate market, most people know JPI as a merchant builder, which means that the firm develops properties with the sole goal of selling rather than ma...