A few weeks ago the WSJ reported that “U.S. homeownership rate fell for a second straight quarter, as high prices and limited starter-home inventory are steering more households toward renting.”  This coupled with the fact that home prices rose over the last 2 decades while wages have remained stagnant (see chart below) confirms that we are living in a rental economy.


Although the economics of wages, home prices, and supply drive many hopeful homeowners into renting, others prefer renting for mobile flexibility, lack of debt, and access to amenities and advantages that they may not otherwise have in a single family home.

In Freddie Mac’s recent survey of renters and homeowners, 82% of renters stated that renting is more affordable for them (see chart below). This percentage has steadily increased from 69% in January 2016, further affirming the idea that the rental economy is here to stay.

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.

With additional offices in Dallas and Houston, Chris Finlay, Chairman and CEO, explains the importance of multiple offices: “Real estate is local. Good deals are hard to find, so we have ‘boots on the ground’ in all our major markets. This way, we are positioned to find the very best investment opportunities for our investors.”

The Orlando office will be directed by Stephen Selby, Vice-President of Investments. A long-time resident of Orlando, Selby has extensive experience in the real estate private equity field and will be responsible for identifying, acquiring and underwriting investment opportunities.

ABOUT LLOYD JONES CAPITAL

Lloyd Jones Capital is a private equity real estate firm that specializes in the multifamily sector. With 35 years of experience in the real estate industry, the firm acquires, improves and operates multifamily real estate in growth markets throughout Texas, Florida and the Southeast.

Lloyd Jones Capital provides a fully integrated investment/operations platform. Its property management arm partners with the investment team to provide unparalleled local expertise in each of its markets. Headquartered in Miami, the firm has offices throughout Texas and Florida. The firm’s investors include institutional partners, private investors and company principals. For more information visit lloydjones.wpengine.com.

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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 independence. Instead of moving into their first home post college graduation, they are still living at home.
Do the math: that’s almost 25 million young people – potential apartment renters who haven’t entered the rental market yet. The pent-up demand is huge and increasing. New construction cannot keep up, but even then, it is far too expensive for the entry level worker or new college grad.

That’s exactly why Lloyd Jones Capital is acquiring existing apartment complexes and re-branding and improving them in order to accommodate this exploding demographic that represents one-quarter of our nation’s population.

Paying attention to these real estate trends will move you to diversify your portfolio investment with multifamily real estate. Our investment strategy of finding, purchasing and remodeling C Class rentals is a great way to secure modern apartments for millennials while still creating a significant return for our investors.

Christopher Finlay is Chairman/CEO of Lloyd Jones Capital, a private-equity real-estate firm that specializes in the multifamily sector. With 35 years of experience in the real estate industry, the firm acquires, manages and improves multifamily real estate on behalf of its institutional partners, private investors and its own principals. Headquartered in Miami, the firm has operations throughout Texas, Florida and the Southeast. For more information visit: lloydjones.wpengine.com.

MIAMI, Fla. — Chris Finlay, long-time multifamily real estate investor, developer, and manager, has launched Lloyd Jones Capital, a new private multifamily real estate investment firm. This new entity will acquire and improve carefully targeted multifamily real estate on behalf of institutional partners, private investors and its own principles.

A prominent player in the real estate industry since 1980, Finlay has developed approximately 40 multifamily communities around the country. During the same period, he grew a property management firm to accommodate his growing real estate portfolio. “Lloyd Jones Capital allows us to share what we know best when it comes to multifamily real estate,” Finlay says. “We sponsor investments in high-potential multifamily real estate. It’s the same thing we have been doing successfully for our own account for 30 years.”

The firm’s strategic focus is on Florida, Texas and South Carolina. “We have strong property management operations in place throughout these states,” Finlay explains. “We know the markets very well and constantly look for opportunities. We can afford to be highly selective. Plus,” he adds, “these states offer the most dynamic demographics in the country.”

James Eddings, CPA, serves as Managing Director. According to Eddings, one of the firm’s key advantages is its sister company, Finlay Management, Inc. Designated as an Accredited Management Organization (AMO), the property management firm has a thirty-year history in multifamily property management. Together, the two companies form a fully integrated, institutional-quality real estate operating entity-which, he adds, assures investors of hands-on, professional oversight of their investments.

ABOUT LLOYD JONES CAPITAL
Lloyd Jones Capital is a private real estate investment and asset management firm that specializes in the multifamily sector. With 35 years of experience in the real estate industry, the firm identifies, acquires, and improves multifamily real estate in growth markets throughout Texas, Florida and the Southeast. Lloyd Jones Capital provides a fully integrated investment/operations platform. Its property management arm partners with the investment team to provide unprecedented local expertise in each of its markets. Headquartered in Miami, the firm has offices throughout Texas and Florida. The firm’s investors include institutional partners, private investors and its own principals. For more information, visitwww.lloydjones.wpengine.com.

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