Jerry Banks is the Principal of Jerry Banks Investments, LLC headquartered in Omaha, Nebraska. JBI is a real estate investment firm with a mix of apartments, retail properties and land holdings. JBI primarily invests for its own account but also does real estate acquisitions, consulting and asset management for individuals, families or companies.
In the summer of 2016 Banks resigned his position as Portfolio Director & Partner of NewStreet Properties, LLC headquartered in Omaha, Nebraska. Banks and his partner Allan Lozier began NewStreet Properties in 1992 with a goal to build a diversified real estate investment portfolio. In his capacity at NewStreet, Banks was responsible for all portfolio acquisitions, dispositions, finance and performance in a wide array of investment and development properties throughout the United States. Under Banks's direction NewStreet had completed well over $1.5 Billion Dollars of real estate transactions since its origin.
At Banks's departure the portfolio consisted of properties containing over 3.3+ million square feet. The product types include apartments, retail, office, warehouses, land holdings, and development projects in six states. During Banks's tenure NewStreet acquired and owned and operated property from West Virginia to Arizona, Mississippi to Minnesota.
He has also owned and operated his own businesses, including Century 21-Banks Realty, Council Bluffs, and a 13-store chain of pizza outlets throughout Iowa and Nebraska. Banks also serves on the Board of Directors of Easter Seals of Nebraska and the Advisory Board of American National Bank. Previously, he acted as Chairman of the Council Bluffs Chamber of Commerce and the President of the Council Bluffs Industrial Foundation and was a member of the Board of Directors of both the Council Bluffs Board of Realtors and Children’s Square USA as well as the Southwest Iowa Advisory Committee to the Iowa Board of Regents.