Jerome Karam Builds a Large Trading Park in Texas For Events

Operator and Founder Jerome Karam has dominated the real estate market in the County of Galveston, having redeveloped and purchased over a million square feet of real estate in the last five years that have passed over time.

JMK5 Holdings, LLC is known for redeveloping huge, floundering large-box properties and turning them into multi-use business sites, which is impressive for today’s market.

More so, just recently, Jerome has acquired the Texas City’s Mall situated in Mainland and has redeveloped it now into a beautiful city center, completed with the biggest world gym in its County, as well as Texas Entertainment Experience, also Mainland City Suites, various dining, education centers, Right Move Storage and much much more.

He is both a family man and a leader in the development of real estate. Karam does gratefully attribute his motivation and success to his wonderful wife and their five kids. They are also involved in the everyday operations and functions of the JMK5 Holdings business.

For almost 20 years, Karam renovated and purchased, as well as profitably sold, astounding hundreds of millions of dollars in the industry of real estate.

Hence, after founding JMK5 Holdings, he has built, additionally, 29 more entities, which are located in Louisiana and Texas.

Jerome Karam is a prominent leader in real estate, having transformed more than one million square feet of property in the previous decade.

Before he had joined the real estate field and development, he was practicing in personal injury attorney services, and that is where he had represented hundreds of clients in regards to claims.

Jerome Karam is a graduate of Texas Southern University and Louisiana State University. While he made a name for himself as an attorney, Karam’s heart wasn’t really into it. He had a passion for real estate.

Two decades ago, Jerome plunged headfirst into the fantastic world of floundering his idea of redevelopment to help community members simultaneously and by transforming them into delightful bustling commercial districts.

You can expect a bunch of exciting flurry activities to partake in the center that JMK5 Holdings transformed from the local mall. Numerous service providers are pushing for space, which will also give the residents at the mall a lovely, pleasurable outing as well as experience.

He has made it their priority to place the community at heart for every single restoration project. For every business project, the foremost objective remains to stimulate our local economy.

This is done by using services locally, by using local products that are beneficial to the community in many ways, and also by using the services as frequently as possible.

Perhaps the biggest and the most entertaining news in the real estate arena and the entertainment industry is that Jerome Karam and his wife Leslie bought Gulf Greyhound Park. With that being said, the park is situated in the city of La Marque, Texas.

In June 2020, the park closed after a long duration, the operation being run for an astonishing 29 years.

However, because of Karam’s unique vision, as well as his aptitude for repurposing landmarks, this venue will start a new beginning altogether. He is bringing new life, which will be the State of Art, a Las Vegas-style development, and will provide great entertainment.

As the current venue develops, it shall ignite Galveston County, thereby bringing excitement to the entire community and attracting diverse commerce.

On his behalf, the Mayor of the city of La Marque, Kieth Bell, stated that Jerome Karam promised to expand the development company.

The JMK5 Holding team had been looking for the ideal project that he could work on. On the other hand, after a year in his title business, Mayor Bell had received a phone call from this previous developer named Reed King saying that they couldn’t make the numbers work and that they were pulling out of the purchase.

Bell stated as he hung up the call, he immediately had thought of Mr. Karam because he is also known for taking run-down properties that have no purpose and turning them into amazingly profitable companies.

Transforming properties instead of just leveling them, which every developer does, fills a significant need for the community and County’s amenities. Isn’t it exciting?

The most crucial point of this County will embrace the economic development of Galveston County and La Marque by attracting other developments, increasing tax revenues, and expanding the local job industry.

For Mayor Bell, it is these opportunities for the youth that he can’t wait for and is most excited about. The entire community is aware that Jerome Karam, who comes from a small city in Louisiana, has a strict, no-nonsense attitude in the employment industry.

Karam never gave up on the dreams he had and continues making a difference by assisting and helping others with creating business and boosting the economy.

He is a gentleman of morals and an inspiration to our community and youth today. He is an inspiring innovative business leader who enjoys helping the community in the development of distressed properties.

His enthusiasm and vision have their way of rising above all odds and obstacles. Quite a few of the Galveston community commented that when Karam feels passionate about projects, the sky isn’t his limit, so watch out because he is a passionate developer.

JMK5 Holdings LLC has always retained its contractors locally in their works of restoration.

The company has brought in unbelievable experience, which has also immensely benefited its community members. The challenge of really trying to revitalize old buildings by giving them the breath of a new life has been relished by Jerome Karam.