JMA Ventures is a full service real estate investment firm, serving as managing member of over $800 Million in existing projects, spanning office, retail, industrial/telecom, hospitality, leisure and residential development. Founded in 1986, our company, with offices in San Francisco and Truckee, has focused on delivering superior risk adjusted returns to our investors while providing quality product and improving the communities and environments in which we conduct business. JMA Ventures, LLC owns and operates the Homewood Mountain Resort and the Alpine Meadows Resort near Lake Tahoe, CA as well as the historic Ghirardelli Square in San Francisco, CA.

Art Chapman, Founder

Mr. Chapman served as President of JMA Ventures, LLC for 20 years and has over 30 years of professional experience in real estate management and development. Before joining JMA, Mr. Chapman was Vice President of Campeau Corporation California, a two billion-dollar real estate development company. At Campeau, Mr. Chapman served as General Manager of Housing where he was responsible for multiple residential projects throughout California including high rise condominiums in West Los Angeles, for-rent apartments in conjunction with the San Francisco and San Jose Redevelopment Agencies and the luxury condominium project at 333 Bush Street in the San Francisco financial district.

Prior to Campeau, he spent 11 years with the City of Long Beach serving as the executive director of the Long Beach Redevelopment Agency where he oversaw a number of residential projects including historic projects and high rise oceanfront condominiums.

Mr. Chapman received his Bachelor of Science in Finance from California State University, Long Beach, with graduate work in Management and Public Administration at Cal State and at the University of Southern California. He is a former instructor in the MBA program at the Center for Public Policy and Administration at California State University, Long Beach.

David Tirman, Executive Vice President

David A. Tirman serves as Executive Vice President with JMA Ventures, LLC, responsible for oversight of JMA's real estate development initiatives near Lake Tahoe and in Truckee. Prior to JMA Ventures LLC, Mr. Tirman served as Vice President of Development with East West Partners charged with oversight of entitlements, planning & design for the Village-at-Northstar and the Northstar Highlands near Lake Tahoe, CA. Prior to joining East West Partners, Mr. Tirman was based in the Netherlands as Vice President of Development with Prologis. Prior to Prologis, Mr. Tirman was with the Disney Development Company as a Senior Development Manager working on real estate initiatives in both Europe and southern California.

Mr. Tirman began his career as a Peace Corps Volunteer in the Philippines. He is an accredited professional with the U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED) program. Mr. Tirman, a licensed architect, is a member of the American Institute of Architects (AIA), the Urban Land Institute (ULI) and the National Trust for Historic Preservation. Mr. Tirman received B.A. and B.Arch. degrees from the University of Arkansas. He also did graduate study in business administration at the University of California- Irvine.