Target Markets
Acquisition Criteria
$5M-50M Total Deal Capitalization
Industrial, Market Rate Multifamily, & Affordable Housing (Affordable Housing in Tennessee only)
Core, Value-add, Development, & Distressed Assets
34 Crump
34 Crump is a 30k SF infill mixed-use development located on Crump Av. in downtown Memphis's South Bluff District. It contains 29 multifamily units, 2 live-work units, and 2,700 SF retail space. Expected Delivery of Q4 2025.
Edit: As of 12/6/2023 JEL Developments expanded the project by adding a second phase bringing the total development captialization to over $10M and the total unit count to 56 Units.