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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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 equity markets. Plus it has out-performed those markets over the past twelve years. Diversify. Dilute the volatility.

This is how most of the very wealthy individuals have created their wealth. It is said that 90% of the Forbes 400 Index have made or maintain their wealth in income-producing real estate.

Some say you should have 5 to 10 percent of your portfolio in real estate. But I advocate 15 to 25 percent. Yale University’s legendary endowment fund, which has consistently out-performed its counterparts, allocates 17.6 percent to real estate. (Average endowment commitment is only 4.2 %.)

The University’s Endowment Report 2014, reads “Investments in real estate provide meaningful diversification to the Endowment. A steady flow of income with equity upside creates a natural hedge against unanticipated inflation without sacrificing expected return.” That policy has obviously worked well for Yale. Its endowment generated a 20.2 percent return in fiscal 2014.

And in the asset class, multifamily is a top choice. The demand for housing is huge. We all need a place to live, but fewer people are buying homes. Home ownership has declined to the lowest level in 50 years. The U.S. homeownership rate fell to 63.4 percent in the second quarter of 2015, according to the U.S. Census.

Why?

  • Lack of cash down payment
  • Unemployment/under-employment.
  • Burden of student debt
  • Poor credit rating due to housing crisis.
  • Delayed marriage and children. (triggers for buying a home) Birthrates for women in their 20’s dropped by 15 percent from 2007 to 2012. Millennials are now the slowest of any generation in US history to have children. (Urban Institute Report, April 28, 2015.)

Furthermore, many people are now renters by choice.

Why?

  • Flexibility to relocate for job opportunities
  • Appeal of a low-maintenance lifestyle
  • Abundance of lifestyle amenities an apartment community provides
  • Recognition that a house is not an investment

And down-sizing Baby Boomers are on their way. It’s estimated that we’ll see 12.2 million renters age 65 and older within the next fifteen years. That’s on top of the 25 million Millennials (typical renters) who are still living at home. That’s a huge pent up demand.
So my advice? Diversify. Invest in carefully selected multifamily properties. But be careful, because there is a buying frenzy right now. (You can understand why.) Lloyd Jones Capital has many years of experience in finding great opportunities, but it takes a lot of looking. We underwrite as many as 100 properties before we find one that meets our criteria. So you have to be patient – but it will be worth the wait.

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.

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. — 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 Fort Worth as well as the entire DFW metro area.

Carol Oaks is the first of several Lloyd Jones Capital acquisitions scheduled for imminent closing. Others are located in Houston, Tampa, and South Florida. The company looks for properties to which it can add value through renovations or stronger management. Its related company, Finlay Management, Inc., an AMO (Accredited Management Company) provides property management services to all acquired real estate assets.

Says Chris Finlay, Chairman and CEO of Lloyd Jones Capital, “It takes a lot of work to find a property of this caliber for our investors. But with our local ‘boots on the ground’ in every market, we have been able to track down the very best opportunities.”

Dallas/Fort Worth Vice-President of Investments, Mark McCoy, is responsible for the acquisition, underwriting and subsequent asset management of Carol Oaks. McCoy credits the entire Lloyd Jones team for this timely closing. “Our underwriting team, our management team, our construction team all provided unique insight into this property. We were on-site with operating phones, computers and new management the day we closed. We have an incredible team. The entire process is highly coordinated.”

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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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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