Jonathan Rubini

Rubini graduated from Brown UniversityBrown UniversityBrown University is a private nonprofit research university in Providence, Rhode Island, and a member of the Ivy League. Chartered by Rhode Island's colonial legislature in 1764, it is known for its undergraduate Open Curriculum, which has no common required core. Christina H. Paxson, president since July 2012, announced on August 3, 2026, that the 2026–27 academic year would be her last in office. As of October 1, 2026, the search for Brown's 20th president remained underway.Open the full entry and then earned his law degree at the University of California, BerkeleyUniversity of California, BerkeleyThe University of California, Berkeley (UC Berkeley) is a campus of the University of California system; the University of California was founded in 1868 through a merger of two institutions and moved to Berkeley, California, in 1873.Open the full entry’s Boalt Hall School of Law.⁠[1][2]

Before founding JL Properties he practiced law in Anchorage and founded the firm Rubini & Reeves, later switching to real estate full time.⁠[1][2]

Rubini persuaded Hyde, then a real estate broker, to quit his job and become his partner at JL.⁠[3]

In 1990 Jonathan Rubini and Leonard Hyde formed JL Properties, a real estate development and management firm based in Anchorage, Alaska; the two have remained its principals.⁠[4][5]

The completion of the JL Tower closed a six-year development period in which JL developed eight office buildings totaling more than one million square feet of Class A office space, plus 1,200 military housing units.⁠[4]

On December 16, 2013, JL Properties announced that a partnership it led with Washington Capital Management and Cook Inlet Region Inc. had acquired the ConocoPhillipsConocoPhillipsConocoPhillips is an American independent oil and gas exploration and production company, formed by the 2002 merger of Conoco and Phillips Petroleum and headquartered in Houston, Texas.Open the full entry office complex in downtown Anchorage.⁠[6]

Twinlab Consolidated Holdings had issued JL-Mezz Utah, LLC two warrants for a combined 2,329,400 shares of common stock. On February 24, 2015, JL-Mezz Utah assigned them to Rubini, Leonard Hyde, Mark Kroloff and Bristol Bay Native Corporation; in June 2015 Kroloff assigned his portion to Rubini, and Bristol Bay assigned its portion to Rubini and Hyde.⁠[7]

On February 4, 2016, Rubini exercised the relevant warrants, acquiring 930,538 Twinlab shares for an aggregate price of $0.03.⁠[7]

In May 2015 JL Properties held a topping-off ceremony at Flamingo Crossings in Orlando, Florida, for two Marriott hotels: the 248-key all-suite SpringHill Suites by Marriott and the 250-key extended-stay TownePlace Suites by Marriott, slated to open in early 2016.⁠[5]

On October 20, 2022, Rubini signed a private placement agreement with G Medical Innovations Holdings Ltd. to buy 2,777,777 ordinary shares and an equal number of warrants for an aggregate $500,000 (79,365 shares and 79,366 warrants after the November 2022 reverse split), using personal funds.⁠[8]

JL Properties describes itself as Alaska’s leading real estate development and investment firm, with a portfolio whose market value exceeds $2 billion; in Anchorage, Alaska’s largest market, it owns and manages more than two million square feet of Class A office space, nearly 25 percent of that market.⁠[9]

The company developed the Centerpoint office park, including the JL Tower, the ASRC Building and the Centerpoint West Building, and has developed projects including the Anchorage Convention Center (as co-developer), the National Park Service headquarters, the Calista Corporation headquarters and the Cook Inlet Tribal Council headquarters. Its acquisitions also include the Denali Tower and the Calais buildings.⁠[9]

In housing, JL Properties developed, manages and through affiliates owns more than 3,200 units of privatized military housing on Joint Base Elmendorf-Richardson land, and owns and manages more than 1,300 apartment units. Outside Alaska it has owned office buildings in Utah and developed a 100,000-square-foot high-tech industrial facility there, developed two hotels near the western entrance of Walt Disney World in Orlando, Florida, and taken part in private equity transactions in finance, telecommunications, energy and industrial services.⁠[9]

Rubini and Hyde control several of Anchorage’s largest buildings, including JL Tower and the ConocoPhillips Towers, and also own a business park in Utah and hotels in Florida. Each owns about 50 percent of JL Properties.⁠[2]

As chairman and CEO of JL Properties, Rubini is responsible for the company’s strategic direction and focuses on transaction finance and structuring. He serves on the board of directors of the Alaska Community Foundation.⁠[1]

On Forbes’s 2026 “The Richest Person In Every State” list, Rubini and his family’s net worth was estimated at $600 million as of October 14, 2026, with real estate (self-made) listed as the source.⁠[2]

JL Properties: Official website: https://www.jlproperties.com/ (opens in a new window).⁠[1]