CAMBRIDGE, MA—Harvard University’s annual study of rental housing was on the industry’s radar again this past week, as Lloyd Jones Capital CEO Chris Finlay sent out an open letter via email, summarizing his impressions of the study. Originally published this past December, the study from Harvard’s Joint Center for Housing Studies notes that renter households now number nearly 43 million out of 116 million US households.
Lloyd Jones Capital CEO Chris Finlay sent out an open letter last week responding to Harvard University’s annual study of rental housing. According to the study, renters account for 43 million out of 116 million total US households, raising concerns supply won’t meet demand.
In reviewing 2015, I am reminded of the issues that dominated multifamily investment discussion. Let’s start with the funds. Blackstone Group LP, the world’s biggest alternative-asset manager, has collected $15.8 billion for its global real estate fund. As of June, 2015, it was overseeing $93 billion in real estate assets. Goldman Sachs is oversubscribed for […]
MIAMI, Fla. — Lloyd Jones Capital, a private equity multifamily real estate firm headquartered in Miami, Fla., has closed on Palmway Village, a 432-unit apartment complex in St. Petersburg, Fla. The property is located at 411 77th Ave North and consists of 12 apartment buildings, two pools, a fitness center and a library, spread across 15 […]
Miami, Fla. – Lloyd Jones Capital, a private equity multifamily real estate firm headquartered in Miami, Fla., has acquired the Carol Oaks and the Villa Oaks apartment communities in Fort Worth and Houston, respectively. Both are considered exceptional value-add opportunities which the company anticipates improving and rebranding in order to enhance the asset value. Says Chris […]
Miami, Fla. – Lloyd Jones Capital, a private equity multifamily real estate firm, has opened an office in Orlando to cover the Orlando/Central Florida market at 941 West Morse Blvd., Winter Park, Fla. 32789. This is the firm’s fifth Florida office. In addition to the Miami headquarters, locations now include Weston/Ft. Lauderdale, Tampa, Orlando and Jacksonville. […]
Last week’s stock market roller coaster ride serves as a good reminder of why it is so important to maintain a diversified investment portfolio. What impact did it have on investment real estate? Absolutely none. This is why income-producing multifamily real estate makes sense for a portion of your investment portfolio. Real estate does not fluctuate with […]
The U.S. has been the tortoise in a global race for economic growth, plodding out a slow but steady expansion while China signals exhaustion and the rest of the world wobbles. Now, market turmoil and China’s troubles threaten to undermine the already unspectacular U.S. outlook.
A recent Miami Herald article, written by Ricardo Mor, pointed out that there are 83.1 million Millennials and a whopping 30 percent of them live at home with their families. This is an incredible statistic, especially for investors considering investing in multifamily real estate. These 18-to-34-year-olds are historically our apartment dwellers, taking their first steps toward […]
Miami, Fla. — Lloyd Jones Capital, a private, multifamily real estate investment firm, has purchased the Carol Oaks Apartments in Fort Worth, TX. The firm plans to upgrade and rebrand the 224-unit community located at 7412 Ederville Road. According to the company, this location is one mile from Interstates 30 and 820 and provides easy access to Downtown […]
