Partner with us

Let’s find out what the ground can hold.

Some landowners want a clean sale. Others would rather stay in through entitlement and construction and hold a position in what gets built. The first conversation is about which one fits your situation.

Undeveloped ground in Washington County, Utah

Who this is for

Landowners, sponsors, and capital partners.

People come to us holding something they are not sure what to do with. A parcel that has been in the family for years. A site under contract with a clock running. A project that pencils but needs a builder and an operator to make it real.

We look at all of them. Some turn into projects, and some we tell you honestly are better served somewhere else. Either way you leave the conversation knowing more about your ground than you did walking in.

JMI Group is a family business, and partnerships here tend to work the same way. We walk the ground with you and talk through what it could become before anyone talks numbers. When we take a project on, we invest in you as much as you invest in us.

If you own the land

The decision most landowners are weighing.

Taking cash and holding a position in what gets built lead to very different places. Neither one is the right answer on its own. It depends on your timeline, your tax situation, and how much of the outcome you want to stay attached to.

01

Take the cash

You sell the ground and we carry everything after it. Entitlement, construction, leasing, and the decades of management that follow.

  • Full purchase price at closing
  • No further obligation and no further exposure
  • Upside fixed at the sale price
  • Generally a taxable event at close, though your CPA should confirm
  • Worth considering when you need certainty, a defined date, or the proceeds for something else
02

Stay in

Your ground goes in as equity. You hold a position in the finished asset and share in what it produces.

  • An ownership position at closing
  • Distributions once the property is leased and stabilized
  • Upside tied to how the finished project performs
  • A contribution is treated differently than a sale, though your CPA should confirm
  • Worth considering when you believe in the location and would rather own a piece of it

Some partnerships land between the two, with part of the value taken at close and part carried forward. If you are bringing capital instead of land, start here

How it moves

Five steps, and you will know where you stand at each one.

01

First conversation

You tell us what you have and what you are hoping for. We tell you what we see. No cost and no obligation on either side.

02

Feasibility

We look at zoning, utilities, access, and what the market around the site will support.

03

Structure

We put numbers to the options and work through which one fits you. This is where a sale, a contribution, or a joint position gets decided.

04

Entitlement

We carry the site through city and county approvals, having already prepared for most of the questions that come up.

05

Build and operate

JMI Constructors builds it and JMI manages it afterward. You stay informed by the people doing the work.

JMI Group team reviewing plans on a project site

What we handle

The parts that usually stall a project.

Most land deals slow down in the same places. We have worked through those places enough times to have a plan ready before the question gets asked.

  • Zoning and rezoning
  • Site plan approval
  • Utility coordination
  • Access and traffic studies
  • Civil engineering
  • Geotechnical work
  • Construction and budget
  • Leasing and tenant fit
  • Long-term management
  • Maintenance and repairs

Before we meet

What to bring to the first conversation.

None of this is required. Anything you have makes the first meeting more useful, and we can find most of it ourselves if you do not have it.

  • Parcel number or addressEnough for us to pull the county record
  • Acreage and current zoningEven an approximate number helps
  • Any survey or title workExisting surveys save weeks later
  • Easements or restrictions you know aboutAccess, utilities, water rights, deed restrictions
  • Your timelineA clock running changes which structures make sense
  • What you would like to see happenSome owners care what gets built there. Tell us if you do

If a conversation with your CPA or attorney would help before you talk to us, have it. A land contribution and a sale carry very different tax consequences, and you should hear that from your own advisor rather than from us.

Landscape across Washington County, Utah

Say hello

Tell us about the ground you are sitting on.