Our Team

Jay Magee
Director of Asset Management - Great Lakes Office

Mr. Magee has just joined Jonathan Rose Companies as Director of Asset Management for the Great Lakes Office. Mr. Magee will asset manage the portfolio of affordable housing properties acquired as part of the off-market purchase of the Forest City portfolio. Mr. Magee’s responsibilities include the financial oversight of this portfolio which represents 7,525 residential apartment units.  These responsibilities include the general property financial performance, budgeting, greening, capital expenditures, and all HUD/Housing Authority involvement for each asset. All value-add activity in this portfolio, from new financing to refinancing or dispositions, will be managed through Mr. Magee. In addition, responsibilities include the investor servicing of approximately 500 limited partners and their investment in this portfolio.

 

Prior to joining Jonathan Rose Companies, Mr. Magee served as Vice President of Forest City Equity Services, LLC, the previous general partner of the acquired portfolio. Mr. Magee brings over 37 years of experience with this portfolio. Mr. Magee holds a Bachelor of Science in Accounting and Economics from Ashland University.