LyonJay Announces New Joint Venture Company, Gaskin Banks
LyonJay announced their new joint venture company, Gaskin Banks. Gaskin Banks has joined together experts in land development to provide solutions that will better service institutional Build-For-Rent aggregators. The company’s main goal is to redefine land development by adding value and providing unmatched service, with a vision of bringing communities to life. By partnering with Gaskin Banks, prospective builders will have the ability to access a multitude of resources as well as the knowledge of industry experts.
“At LyonJay, we strive to provide our clients and partners a high level of expertise and dedication to exceptional service, and these values will also be reflected in our newest joint venture company and partner, Gaskin Banks,” said Jennings Lyon, Founding Partner and CEO of LyonJay.
With over 35 years of professional experience in Construction and Development, Todd Malphrus will be leading the team at Gaskin Banks. He was previously the Vice President and Director of Construction for Quinn Residences. He stepped away from this role when he realized the immediate need for Build-For-Rent housing in this industry. With already 1,000 units built since its inception in 2020, Quinn Residences is committed to developing thriving communities in the best neighborhoods.
“I am excited to take on this new role at Gaskin Banks and believe that with more than three decades of land development experience, I can add a facet of knowledge that will set this company apart from others,” said Todd Malphrus at Gaskin Banks. “I look forward to making a difference through Gaskin Banks and bringing communities across the Southeast to life.”
Todd also previously served as the Vice President of Malphrus Construction which produced $200 million per year in annual revenue. Through his companies and tenure, Todd has completed over $1.5 billion in projects to date across the Southeast US and beyond.
“Todd has experience in this industry that is one-of-a-kind and perfectly aligns with the mission of Gaskin Banks,” said J.K. Jay, Founding Partner and President of LyonJay. “We are confident that his leadership role within the company and dedication to the work we do will benefit our clients, partners and communities as a whole.”
ABOUT GASKIN BANKS
Gaskin Banks is an expert in land development, born and bred in the Southeast. As an affiliate of LyonJay, we provide exceptional service and value to our rental housing and home building clients. Our vision is to bring great-looking communities to life by redefining land development through exceptional service and unparalleled value. When you partner with us, you tap into a deep wealth of knowledge and resources to bring your project to life successfully. From initial planning phases and expert due diligence to site development and risk mitigation, we lead your project to the finish line — on budget and on time. For more information, visit gaskinbanks.com
