Profile

Jay Minnick
President/CEO
Helu Capital

Jay Minnick is a Founder and Owner of Helu Development, Helu Capital, and Helu Residential. In his role as CEO and President, Jay is responsible for overseeing the due diligence, financing, acquisition, development, construction, lease-up, and long-term management of all Helu projects. He was previously President of Triago Ventures and continues as a partner in Triago Ventures and its projects located in Washington UT and Draper UT. Prior to that he was Vice President at Salt Lake City-based Lend Lease Residential Management formerly Boston Financial and, prior to that, Prowswood Management. In addition to his professional achievements, Jay is active in the community and within his industry. From 2002 to 2003, he served as Chair and President of the Board of Directors for the Utah Apartment Association (UAA), which represents over 1,500 owners/manager totaling more than 60,000 rental units and 165 product/service providers and related professional within the apartment industry. In 2005, he served as past chair of the UAA. He is currently a member of the National Apartment Association and National Multi-Family Housing Council. Finally, Jay graduated from the University of Utah with a bachelor’s degree in speech communications and earned a master’s in organizational management from the University of Phoenix. Jay’s Experience With 30+ years of tenure in the multi-family apartment industry, Jay has extensive experience with ground up development, sourcing exclusive debt, securing private equity, closing on acquisitions, and effective property management. Developed 30+ communities with 6,500+ units across the Wasatch Front Sourced $700M+ in Debt, with $200M+ HUD 221 (d)(4) loans Raised $100M+ in private equity Acquired 20+ communities with 2,000+ units across the United States Managed 8,000+ units, 75+ communities, and 500+ employees Recent Developments Pioneer Crossing – Idaho Falls, ID, Market Rate – 227 Units – Under Construction Woodruff – Idaho Falls, ID, Market Rate – 99 Units – Under Construction TriView I – Draper, UT, Market Rate – 436 Units Red Rocks at Sienna Hills – Washington City, UT – Affordable Housing – 258 Units La Vida at Sienna Hills – Washington City, UT – Market Rate – 276 Units SKY at Brio – Washington City, UT – Active Adult Community – 204 Units Recent Acquisitions Mayas Villa – Arlington, TX – 93 Units Slate Apartments – DFW, TX – 121 Units Magnolia Flats – San Antonio, TX – 54 Units Hero’s Village – San Antonio, TX – 28 Units Rio @1604 – San Antonio, TX – 132 Units Republic Woodlake – San Antonio, TX – 288 Units Aragon – San Antonio, TX – 168 Units The Grand – San Antonio, TX – 136 Units


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