Irving-based multifamily developer JPI on July 6 announced the addition of Mollie Fadule as the firm’s new Chief Financial & Investment Officer. The addition of Fadule is the firm’s latest action in expanding its leadership team to advance market diversification, harness industry innovation, and continue attracting, retaining, and growing top industry talent.
“JPI has a clear vision for the future of multifamily development, and I’m honored to join the team,” Fadule said. “I look forward to leveraging my experience with affordable housing, real estate and construction technology, and private equity, in collaboration with JPI’s talented team, to continue setting the bar for industry excellence.”
In her role at JPI, Fadule will lead the finance, legal, and investment and capital markets teams, utilizing her deep market experience to identify growth and innovation opportunities for the firm. She will report directly to JPI Chief Executive Officer Payton Mayes.
“JPI’s culture, business outlook, and success begins and ends with our people,” said Mayes. “JPI’s addition of a commercial real estate entrepreneur like Mollie is a clear testament of our commitment to having the best people in the industry. While her experience certainly speaks for itself, I couldn’t be more confident in Mollie’s ability to harness innovation, collaboration, and strategic thinking to propel JPI into the future.”
Fadule joins JPI with more than 15 years of experience in real estate, private equity, and real estate and construction technology. She’s recognized as a thought leader with expertise and experience with institutional investors across multiple property types and companies. In 2012, Fadule and Mayes founded Cephas Partners, a private equity firm with offices in Seattle, Dallas, and São Paulo, Brazil, that specializes in alternative investments with a primary focus on real estate opportunities. Prior to founding Cephas Partners, Fadule served as Vice President of Real Estate Principal Investments at Bank of America Merrill Lynch.
Read the full story at Fort Worth Business Press.