JDI is engaged in two lines of business. Since its inception, JDI has acquired income-producing properties, both as a soleowner and as a joint venture partner, in many different product types, throughout the United States. While JDI does acquire simple “cap rate” deals, the company’s main focus is in value added situations. Since 1988, JDI has acquired or invested in properties with a total acquisition price of over $1,200,000,000. Since 1994, JDI has also offered a bridge financing program. Such financings are in the form of both real estate secured debt as well as preferred equity and are generally most appropriate in time sensitive situations or where various complications make such loans difficult for conventional lenders to underwrite. Since 1999, JDI has made over $725,000,000 of such loans.