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, Finlay has spent the past ten years focused on investing in existing product through his investment company, Lloyd Jones. “It’s time,” he says, “to start ground-up.” He explains, “Active adult housing is a major focus for us, and there is little existing product to renovate to our standards. So, we are going to start from scratch and create communities that meet our specific design and quality criteria.”

To that end, Finlay has named Jamie Telchin executive vice president of development and construction management for Lloyd Jones.

Telchin is a twenty-year veteran of the real estate development industry. He has led development of over 1,500,000 square feet of vertical construction across 12 major projects and $800 million in total development costs.

He began his career developing and managing medical office buildings throughout Florida.   He then spent the next eleven years serving as president of development for Luxury Resorts & Hotels, an affiliate of The Blackstone Group, where he led the renovation of the Boca Beach Club and the ground-up development of the luxury condominium, One Thousand Ocean, along with the entitlement of numerous projects across the portfolio.

Most recently he led the development of The Bristol in West Palm Beach, an ultra-luxury condominium.  Both One Thousand Ocean and The Bristol broke sales pricing records in Palm Beach County.

Says Finlay, “We are thrilled to have someone of Jamie’s stature and knowledge to run our development division. Jamie has managed every phase of the development process: entitlements, design, construction, marketing, sales, leasing, and asset management. And he has an impressive record of landmark projects. He is a great addition to the Lloyd Jones team.”

At Lloyd Jones, Telchin directs all entities/departments involved in the development and construction of ground-up projects.  In addition, he oversees the construction management team responsible for the value-add campaigns on existing assets.

Telchin holds an MBA from the University of Colorado at Denver and is active in the Urban Land Institute where he serves as chair of the Multifamily Development Council for Florida and the Caribbean.

 

About Lloyd Jones

Lloyd Jones is a real estate investment firm that specializes in the multifamily and senior housing sectors. Building on thirty-eight years in the real estate industry, the firm acquires, develops, improves, and operates multifamily real estate in growth markets throughout Florida, Texas, and the Southeast. Its investors include institutional partners, private investors, and its own principals. Based in Miami, the firm maintains offices and staff throughout its market areas.

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