Entries by Melissa Hansen

Lloyd Jones Acquires Workforce Housing Portfolio in Daytona Beach

MIAMI, FL – Lloyd Jones, LLC, a Miami-based multifamily investment and development firm, has acquired a two-property work force housing portfolio in Daytona Beach, FL. The acquisition of the Daytona Beach Portfolio brings the firm’s total AUM to $487 million. Berkadia Commercial Mortgage, LLC provided Freddie Mac-sponsored senior and mezzanine financing to Lloyd Jones in connection […]

Is Declining Occupancy Affecting the Senior Housing Market?

Chris Finlay, CEO of Lloyd Jones LLC, shares his view on trends in elderly housing investment, the firm’s strategy and future plans. He also predicts how technology will impact the sector. by Beata Lorincz Lloyd Jones LLC is a real estate investment, development and management firm that specializes in multifamily and senior housing throughout Florida, […]

Disruption in Senior Housing

The senior housing industry is in the midst of a big disruption.  Occupancy in assisted living hit a record low in the first quarter of 2018 – and continues to fall. There could be numerous reasons for this, including a bad flu season, but I think there’s something bigger going on. At a recent conference […]

Inside the Deal: Lloyd Jones Capital’s Expanding Workforce Housing Portfolio

Lloyd Jones Capital’s purchase of The Westcott Apartments marked its second purchase in the market in less than a year. The Miami-based real-estate private equity firm paid $57.8 million for the 444-unit garden-style apartment complex in Tallahassee, Fla., expanding its footprint in multifamily assets located primarily in Florida, Texas and the Southeast. Lloyd Jones, which […]

Lloyd Jones Adds Development Division

Multifamily investment firm names development veteran to head division Christopher Finlay, chairman and CEO of Lloyd Jones, has announced the appointment of Jamie Telchin as executive vice president of development and construction management. After a ten-year hiatus, Finlay is once again entering the multifamily development field. A prominent developer during the 1990s and through 2008, […]

Lloyd Jones Capital Merges with Finlay Management

The joint company will be known as Lloyd Jones LLC Multifamily real estate investment firm Lloyd Jones Capital has merged with its sister company, property management firm Finlay Management, Inc.  The newly formed Lloyd Jones, LLC will encompass investment, development, and management of multifamily and senior communities in Florida, Texas, and the Southeast. Although Finlay […]

Miami firm acquires Tallahassee rental complex for $57.8M

The Westcott Apartments in Tallahassee (Credit Rent.com) Lloyd Jones Capital, a Miami-based private equity firm, acquired a recently renovated apartment complex in Tallahassee for $57.8 million. Lloyd Jones’ per-unit cost was about $120,000 for the 444-unit complex at 3909 Reserve Drive in Tallahassee, located five miles from the Capitol Building. The rental complex, called The Westcott […]

Miami firm acquires Westcott Apartments for $57.8M

Lloyd Jones Capital, a private equity firm based in Miami, acquired Westcott Apartments for $57.8 million. Lloyd Jones Capital website. Miami-based private equity firm Lloyd Jones Capital purchased Westcott Apartments near Tom Brown Park for $57.8 million. Built in 2000 off Conner Boulevard, the apartment complex has 444 units ranging from one to three bedrooms. It also […]