Jakob Medve’s family emigrated from Hungary to Israel when he was four years old. At age 22, Mr. Medve came to the United States and settled in St. Louis, Missouri. He attended internationally renowned Washington University, where he received a Bachelor of Science degree in Business Administration with a concentration in accounting and investment.

 

Following graduation, Mr. Medve joined the May Company Department Stores as a buyer. He entered the real estate field on a part-time basis after assembling an investment group and acquiring more than 200 apartment units between 1975 and 1979. During this period he also acquired his Missouri Broker’s License. Mr. Medve left the May Company in 1979 to pursue real estate on a full-time basis. In this time, he founded J. Medve Investment and Management, Inc. He began acquiring medium size multi-family properties requiring rehabs. He continued purchasing larger and higher-class/"Class A" communities in markets that had bottomed out.

 

Until 2005, Mr. Medve lived in St. Louis, Missouri. In the early part of 2005, Mr. Medve moved to Dallas, Texas, where he currently resides. The Medve Group moved into its new headquarters in Las Colinas, TX in 2010. The company maintains a satellite office in St. Louis, MO. Moving the corporate office to Texas strategically positions the company closer to the markets in which it operates and makes the company more accessible to markets with potential for the future.

 

Mr. Medve epitomizes the concept of the working smart with a team of highly motivated individuals and carefully balancing long hours at work with a quality lifestyle and family. Mr. Medve is an avid hiker. A few years ago, he and a team from the company hiked to the top of Mt. Whitney, the tallest mountain in the contiguous United States. Physical fitness has always played an important role in his life. His greatest passion, though, is for Real Estate. He loves the art of making a deal, taking on the challenges that come, and making it all work.