As the founder of Thrive, FP and with over $200+ million in private equity under management and $1.75+ billion in total transactions value since 2011, JP has driven a level of success far above his competitors as he leads Thrive FP, a top tier lender and investors real estate investment firm specializing in the multi-family sector with over 15,000 apartment units owned. His commitment to enriching lives continues to evolve with a solid business model which outperforms his competitors through higher resident retention.
JP’s vision is driven by his unwavering commitment to using the best practices of putting people first, coupled with a core value for respect for everyone — all stakeholders — investors, residents, and employees.
His vision is for a world where everyone lives in thriving communities and building wealth and helping others are one and the same. He is passionate about enriching lives with every touchpoint and this solid business model creates opportunities for their residents and stakeholders, making them healthier, wealthier, and wiser.
In 2019, the company launched a nonprofit organization, Veritas Impact Partners, to provide health, education, and financial services for the workforce housing residents living in apartments. Veritas Impact’s Purpose: Revitalizing America’s Middle Class.
JP is a graduate of the University of California, Los Angeles (UCLA) and is an avid mountain biker, skier, and wake-surfer. He and his wife, Janet, enjoy spending quality time with their two teenage boys.
Investing on Purpose Podcast, with JP Newman