Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
JFB Construction Holdings Class A ( (JFB) ) has issued an update.
On May 6, 2025, JFB Construction Holdings entered into a Subscription Agreement and a Side Letter Agreement with CM OB Hotel Owner, LLC, investing $1,000,000 in a Courtyard by Marriott hotel development in Olive Branch, Mississippi. This investment, which carries a five-year commitment term, aims to recapitalize investments, fund ongoing construction, and cover operating expenses. On May 7, 2025, JFB announced an $18 million construction contract to develop a 117-room Courtyard by Marriott in Olive Branch, Mississippi, marking a significant milestone as the company acts as a co-developer and general partner in the project. Construction is expected to begin by June 2025, aligning with JFB’s strategic goals to expand its presence in the hospitality development sector.
More about JFB Construction Holdings Class A
JFB Construction Holdings is a construction company specializing in commercial, retail, and residential property development. With extensive experience in building multifamily communities, shopping centers, national franchises, exclusive estates, and over 2 million square feet of commercial and retail space, JFB is known for its quality and production. The company operates in 36 U.S. states, primarily obtaining projects through referrals and repeat customers.
Average Trading Volume: 43,365
For detailed information about JFB stock, go to TipRanks’ Stock Analysis page.