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JMI Services, Inc. is the parent company of JMI Realty (JMIR), and is the investment management company of the John Moores family. Moores is known best as an entrepreneur, investor, philanthropist and owner of the San Diego Padres. He is the founder and former chairman of BMC Software [NYSE:BMC], a business-to-business software company that he took public in 1988. In 1992, after leaving BMC Software, Moores formed JMI Services, Inc. to pursue investment opportunities in several strategic arenas including real estate, sports and entertainment and technology. Since January 2002, JMIR has completed the development of three lodging properties consisting of 1,030 hotel rooms, purchased a 1,000 room hotel chain, and is currently in various stages of development of three hotels comprising nearly 2,500 rooms. JMI Realty currently manages a real estate investment portfolio valued at approximately $800 million and has sold approximately $550 million of land, office, hotel and multifamily investments.
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