Jorge P. Newbery is a Californian-born entrepreneur who is at the forefront of the campaign to rescue homeowners from the current housing crisis. As Director of American Homeowner Preservation LLC, a Cincinnati-based foreclosure prevention firm, Newbery works to keep distressed homeowners in their homes. The business model consists of short selling homes to investors that are going into foreclosure with a lease and repurchase option.

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  • 1965-10-29 (xsd:date)
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  • 1965-10-29 (xsd:date)
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  • Jorge P. Newbery is a Californian-born entrepreneur who is at the forefront of the campaign to rescue homeowners from the current housing crisis. As Director of American Homeowner Preservation LLC, a Cincinnati-based foreclosure prevention firm, Newbery works to keep distressed homeowners in their homes. The business model consists of short selling homes to investors that are going into foreclosure with a lease and repurchase option. Newbery originally consulted on the non-profit American Homeowner Preservation Inc. , before transitioning it to the for-profit American Homeowner Preservation LLC. As a real estate developer, Newbery has a history of taking on high-profile housing projects in distress with some success. He is likely best known for presiding over the rebirth and subsequent demise of Woodland Meadows, a sprawling 1,100-unit project in Columbus, Ohio. Newbery’s insistent efforts to keep the project afloat gave rise to extraordinary court and media battles with city officials and creditors. Newbery’s father, Jorge Ernesto Newbery, emigrated from Buenos Aires to the United States and worked as an architect and interior designer. He met Jennifer Anne Mundy-Castle in St. Louis. They married, and settled in Los Angeles, California in 1965, where they still live. Newbery went from being the developer in smaller rental properties, starting with a four-plex in South Central Los Angeles. Newbery progressed to larger properties, including the 233-unit Pickwick Plaza in Kansas City. He continued working successfully with distressed properties, but found some opposition with the 1,100-unit Woodland Meadows in Columbus, Ohio. 2008 saw a resurgence in his success as a realtor and entrepreneur. Newbery completed his first for-profit AHP short sale in May 2009. Newbery currently has ownership interests in several rental properties and remains a prominent go-to figure in the distressed properties field.
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  • Newbery in June 2009
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  • Jorge Newbery
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  • Jorge P. Newbery is a Californian-born entrepreneur who is at the forefront of the campaign to rescue homeowners from the current housing crisis. As Director of American Homeowner Preservation LLC, a Cincinnati-based foreclosure prevention firm, Newbery works to keep distressed homeowners in their homes. The business model consists of short selling homes to investors that are going into foreclosure with a lease and repurchase option.
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  • Jorge P Newbery
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  • Jorge Newbery
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