Jeff Klotz begins to acquire single family homes.
After successfully operating 25 single family homes, Jeff transitions to multifamily assets after acquiring 200 units.
The firm continues to grow at a rapid pace, acquiring more than 1,000 units per year. The firm owns a total of 6,000 multifamily units.
Jeff creates Just Multifamily, LLC
Jeff creates American Management Group, LLC and forms the Klotz Group of Companies.
The Klotz Group of Companies launches its first Real Estate Fund which was over subscribed to $28MM. Grows the firm to 9,000 units
The Klotz Group forms a $30MM Joint Venture with an institutional investor based in NY. This relationship will grow in excess of $100MM
The firm launches three additional funds totaling over $120MM. Grows the firm to 25,000 units
Jeff creates Tierra Linda Development, LLC.
Jeff creates TKC Construction Group, LLC.
Funds one through four sunset, the Klotz Group transitions from workforce housing to institutional value add and development projects.
Klotz Group completes Broxton Bay, a 324-unit luxury complex in Jacksonville, FL.
Jeff creates Triple Crown Communications, LLC.
The Klotz Group development projects continue to grow in excess of 3,000+ units totaling over $500MM.
Jeff creates Investors Indemnity, LLC.
The Klotz Group breaks ground on The Reef Apartments, a 456-unit Class A development.
The Klotz Group announces plans for a fifth fund with an initial capital investment of $250MM.
The Klotz Group of Companies mission is to promote a transparent and institutional quality standard by capitalizing on the expertise of its teams, executives and management professionals whose experience combines both operational and niche market knowledge to create value for residents, employees, partners, shareholders and investors, both foreign and domestic in the realm of multifamily real estate.
The Klotz Group of Companies has established an enviable track record since 1995 and will seek to continue to outperform the market and itself. While acting as an ethical and responsible fiduciary to our real estate investors and partners our goal is to be known for enhanced returns and superior results.
Dedication – We are dedicated to exceeding the expectations of our residents, partners, investors and shareholders.
Integrity – We will adhere to moral and ethical principles that are above and beyond industry standards.
Leadership – We will give clear guidance and direction in adherence to our culture and core values to accomplish our vision and purpose.
Profitability – We will be financially strong in order to achieve our vision.
Pursuit – We will obligate ourselves to the intense and relentless pursuit of achievement and accomplishment.
Solution Driven – If we do come upon an obstacle, we will value it as an opportunity to learn. We will document the issue, come up with an action plan, create a timeline, stay on budget, commit to action and implement the solution.