About S.R. Jacobson Companies

Company Profile

At the S.R. Jacobson Development Corporation, our vision is to become the leading provider of new home communities in the Midwest. We seek out opportunities that add value to our core business of Community Investment. Our goal is to maintain the highest long term value of all Midwest real estate firms because of the way we do business.

  • Focused on our customers
  • Guided by our process
  • Driven by our people
  • Inspired by pride in the quality of our work

Scott R. Jacobson

Scott R. Jacobson

In 1979 Scott R. Jacobson began a career that now distinguishes his accomplishments as a recognized leader in the real estate industry. As a graduate of Michigan State University, he first worked at his family’s property management company, which managed about 3,000 dwelling units, before founding S.R. Jacobson Development Corp. in 1980. Utilizing his degree in construction management, he began building the business of S.R. Jacobson Development Corp. one custom home at a time. As the market evolved, the company responded by shifting its focus to offer both single family and condominium homes with pre-priced, pre-planned customization. In 2004, Mr. Jacobson decided to concentrate on land development and sold his building operation to a local builder in conjunction with an institutional investor. At that time, under the guidance of its founder, S.R. Jacobson Development Corp. and its affiliated companies (together the “Company”) employed more than 75 people and recorded annual sales nearing $91 million. Since 1980, the Company has developed or acquired over 87 communities and has built approximately 4,000 homes. Combined revenues from these projects approach $1 billion (the list of Residential Projects is attached), not including Mr. Jacobson’s interests in retail, manufactured homes and apartment assets. Mr. Jacobson’s success is further exemplified by the impressive financial returns that his projects have generated. During the time frame of 1994 – 2007, Mr. Jacobson’s projects produced outstanding IRRs substantially over industry averages.

The Company is one of the Midwest’s premier residential land acquisition and development companies. During the Company’s 38 year history, it has been involved in developing and constructing numerous residential communities and developing land for some of the country’s most prominent builders. Mr. Jacobson continues to lead and oversee the Company’s day-to-day operations. The Company has thrived since inception and prides itself on quality and efficiency. Mr. Jacobson has surrounded himself with an acclaimed management team and possesses all the necessary components to continue to thrive in this industry. In 2013, Scott Jacobson received the Developer of the Year Award in Southeastern Michigan from the Home Builders Association of Michigan.

In 2011, Scott R. Jacobson successfully partnered with a New York Hedge Fund, referred to as Project Blue. Its purpose was to acquire improved or partially improved real properties in Southeast Michigan, Illinois and other markets in which viable returns could be achieved. Land development will be completed where necessary, and residential lots will be sold to homebuilders via option agreements or cash sales. From 2011 through December 2015, twenty eight projects with 2,700 lots have been acquired (the List of Project Blue Real Estate is attached). Over a thousand lots have been closed, with another 500+ under option with local builders. Other new projects are subject to letters of intent which may lead to new acquisitions. Each project and its surrounding market are carefully examined to insure that the purchases will lead to successful developments that will achieve its required IRR.

Mr. Jacobson has served as a chairman and director of a local bank. He served on the Alumni Board of Directors for Michigan State University – Building Construction Management Program, and was a Director of Temple Beth El until 2004. He is a Lifetime Member Director of the Home Builders Association of Michigan formerly known as the Building Industry Association of Southeast Michigan, and served as President in 1997, when he was also appointed by Governor John Engler to the Michigan State Residential Builders Board. Mr. Jacobson is also a Director of the Child Abuse and Neglect Council of Oakland County, MI. Mr. Jacobson is the recipient of numerous industry awards, including Builder of the Year and Developer of the Year.

Year Organization Award
1986 Builders Association of Southeast MI Young Builder of the Year
1990 Builders Association of Southeast MI Builder of the Year
1992 Home Buyers Warranty Diamond Builder Award - Excellence in Consumer Satisfaction
1994 Home Spotlight Magazine Builder of the Month
1994 Building Industry Association Parade of Homes - Blue Ribbon Award
1995 Building Industry Association Parade of Homes - Blue Ribbon Award
1995 American Lung Association National Clean Air Award for Health House
1996 Building Industry Association Parade of Homes - Blue Ribbon Award $190,000-$210,000
1996 Showcase of Distinctive Homes Blue Ribbon Award $248,000-$305,000
1996 Builder & Developer Magazine Builder/Developer of the Month
1996 American Lung Association Official Builder of Health House
1997 Building Industry Association Certificate of Honor
1997 State of Michigan - Gov. Engler Special Tribute
1998 Building Industry Association Parade of Homes - Blue Ribbon Award $230,000-$270,000
1998 Showcase of Distinctive Homes Blue Ribbon Award $175,000-$274,900
2003 Showcase of Distinctive Homes Blue Ribbon Award Attached Condominiums Over $300,000
2013 Home Builders Association of Michigan Developer of the Year

OUR GUIDING PRINCIPLES

  • INTEGRITY IS NEVER COMPROMISED – We treat our customers, employees, suppliers and trade partners with honesty, fairness, and respect in all situations.
  • QUALITY IS ALWAYS A STANDARD FEATURE – We clearly communicate our thorough standards of quality to our customers up front, and we deliver consistently on those standards.
  • OUR UNIQUE STRENGTH IS OUR PEOPLE – We hire, train, and develop the best people, and we cultivate alliances with the best builders.
  • HOME BUILDERS ARE OUR PARTNERS – We believe that one of our greatest assets does not appear on our balance sheet -- our relationships with our home builders. The people who build homes for our joint consumers are integral members of the S.R. Jacobson team.
  • WE ARE A LEARNING ORGANIZATION – We are engaged in a never-ending pursuit to improve our business processes and the skills of our people in an effort to provide greater value to our customers and create opportunities for our people.
  • RESULTS ARE OUR ONLY MEASURABLE – We manage our business objectively, focusing above all else on our individual contributions to the team's performance in attaining the highest levels of quality, profitability, and customer satisfaction.
  • WE BUILD COMMUNITIES – We feel a unique and significant responsibility to the communities in which we build. As we help communities grow, we strive to contribute to the quality of life of all members of those communities.