M3 Multifamily, LLC was formed in 2008 by John Mosby and Jon Martin for the purpose of acquiring, renovating and managing existing apartment communities in the in order to create stable cashflow and profits from sale for their investors. Property size ranges from 100 to 300 units.
M3 presently owns eight apartment communities in three cities; Austin, Nashville, and Tucson, totaling 1,546 units. These properties are managed by MEB Management Services.
John Mosby is Managing Partner of M3 Multifamily, and President of M3 Property Management, Inc. John specializes in the acquisition, asset management and operational management of each property. John has been in the multifamily housing industry since 1989. Prior to forming M3 Multifamily, Mosby was a VP with NALS, Inc. since 1995, where he was responsible for asset management on over 6,000 apartment units in Arizona, New Mexico, Texas, Georgia and North Carolina. Since 1989 Mosby has overseen the management of over thirty-five multifamily communities in eleven cities, and has extensive experience in acquisitions, due diligence, inspections, staff management, regulatory administration, asset repositioning and renovation.
Jon Martin, Managing Partner and Vice President/CFO of M3 Property Management, Inc. Jon specializes in financial matters for the company, including all project financing, acquisition, due diligence and renovation planning for M3. Jon has been in the residential real estate development and management industry since 1985. Jon also specializes in corporate structure and financial modeling, having created a proprietary analysis tool that allows M3 to study risk sensitivity of its potential investment under a variety of economic conditions. Jon has substantial experience with financing matters in residential real estate, legal and title matters, planning, as well as significant construction management experience.