Originally from Anniston, AL, Jonathan graduated from Auburn University in 2004 with a degree in Psychology and received his commission as an Ensign into the US Navy. During his 16 years of Naval service, he also earned his Masters of Science in Defense Analysis from the Naval Postgraduate School in Monterey, CA. During his Navy career, he has had the privilege to lead a department of 226 Sailors while managing an annual budget of $6.5M. In 2007, while stationed in Jacksonville, FL, Jonathan bought his first house. He rented this house while being stationed in Japan, Hawaii, San Diego, Monterey, Rhode Island, Washington DC, and finally Virginia. Jonathan is married to Jill New, of Marietta, GA, and they have three children, Spencer (8), Robert (6), and Aubrey (3).
In the summer of 2018, Jonathan began raising over $1.06M of investor capital to actively acquire real estate in the Hampton Roads area, accomplishing 13 single family flips, acquiring 16 single family rentals, closing three multi-family syndications of 143 units total, including a 104 unit acquisition with Phil Capron, and overseeing $1.33M in renovations in both residential and commercial real estate. As of October 2020, Jonathan’s total portfolio accounts for $16.8M AUM.
Jonathan is a two-time guest on Anthony Pinto’s “The Lessons in Real Estate Show,” a founding member of Alex Breshear’s Private Lending Lessons Group, a frequent presenter in ThInk’s local investor meetups, and is a mentor to several budding entrepreneurs. He owns and operates the Virginia Beach branch of Honey Do Today, an emerging handyman service provider for the East Coast.
While Jonathan aspires to grow his investing company out to a much larger scale to include investments across several markets, his primary passion in real estate is utilizing his journey for inspiring his children as well as other military servicemembers to attain success through persistent hard work, balance, and courage.