The ‘Joint Chiefs of Real Estate’ partnership, otherwise known as JCORE, is a team of active duty military and veteran investors that manage over $16 million in real estate assets. They are dedicated to creating passive investment opportunities through commercial multi-family real estate.
They target B & C class apartment complexes in the Central Texas market from San Antonio to Dallas-Fort Worth. Their focus is on complexes with 50-200+ units with value add, modernization, and professional management opportunities not already in place. This allows them to increase the Net Operating Income and exponentially increase the value of the asset, which is then passed on to their investors.
They strive for excellence throughout their acquisition, underwriting, due diligence, management operations and exit strategies in order to ensure not only security of investor’s capital, but outstanding returns with minimal risk.
The members consist of Noel Walton; Myles Spetsios; James May; and Tom Groves.
Noel is the President of Eagles Capital. Noel is an Army Aviation Officer with over 20 years of military service. He began real estate investing in 2011 and has since managed numerous fix and flips, holds a portfolio of three single family rentals and a duplex, and is passively invested in 50 apartment units. As a Helicopter Pilot, Military Leader and a Skydiver, Noel brings strong risk & operational management, decision making and capital raising skills.
Myles currently serves as a Captain in the United States Air Force. While in the Air Force, Myles has led over 200+ Airmen in various capacities and has been responsible for over $100M worth of equipment. His experience leading teams in the areas of Civil Engineering, and IT directly correlate to the Multifamily industry. Myles also excels at the technical aspects of real estate drawing on his background in Electrical and Computer Engineering. His primary skills are in Project Management; Data Analysis; Business Plan Development; Underwriting.
Tom Groves is an upstate New York Native real estate investor in multi family, mobile home communities as well as storage facilities up and down the East Coast as well as in the Midwest. He is a 26 year veteran of the U.S. Navy as well as the U.S. Diplomatic Corps. His work in the highest levels on the U.S. Department of Defense, U.S. Department of State and coordination and planning with international governments have forged Tom into an outgoing relationship builder.
James May is the Managing Partner of Reef REI. He’s been investing in income producing Real Estate since 2005 and manages approximately $3.5M in his personal portfolio. James has a long government career of over 25 years serving in both the US Marine Corps and currently in the US Department of State’s Foreign Service. James has experience with project management; staff development; expenses management; logistics; budgeting and capital improvements.
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