Douglas Rippeto

Jay Rippeto is the President of Juniper Investment Group, Ltd. Since starting Juniper in April 2000, Mr. Rippeto has led the acquisition of sixty-two properties consisting of over 14,400 units in twelve states. Mr. Rippeto’s responsibilities include obtaining debt and equity financing, underwriting and asset management. Previously, Mr. Rippeto was a Vice President in the real estate asset management and underwriting group for Fortress Investment Group, a New York based real estate investment firm with approximately $1 billion in assets under management at the time. Fortress was started by the former principals of the Global Principal Finance Group of Union Bank of Switzerland (“UBS”). Mr. Rippeto joined UBS in 1997 and then Fortress in 1998. While with UBS and Fortress, Mr. Rippeto supervised numerous outside professionals in the negotiating, acquiring, disposing, and foreclosing of assets. The commercial assets ranged from direct property investments to performing and distressed mortgages, real estate owned through foreclosure, and commercial mortgage-backed securities. Prior to joining UBS and subsequently Fortress, Mr. Rippeto was a Vice President at Cheslock, Bakker & Associates, a Stamford, Connecticut based real estate merchant bank specializing in both commercial mortgage-backed securities and directed equity investments. Mr. Rippeto has also worked for the Chase Manhattan Bank as an Associate in their Commercial Real Estate Department, specializing in distressed loan workouts, and for JMB Properties Company in its office building property management division. Mr. Rippeto earned a BA from Vanderbilt University and an MBA from Cornell University’s Johnson Graduate School of Management.