LLoyd Jones | Overview and History
For the past 40 years, our leaders in the multifamily and senior housing industries have refined the relationship between the bottom line and satisfied residents.
Proven Track Record
Shaped by Experience; Defined by Results.
Lloyd Jones has successfully invested in and operated multifamily and senior housing real estate for four decades: as managers for the FDIC in the ‘80s, and as developers, investors, and managers of multifamily and senior housing assets thereafter. Since 1990, Lloyd Jones has developed, owned, and managed approximately $1.2 billion in multifamily real estate.
We are proud to be defined by our results: award-winning developments and investment returns averaging 25.27% IRR and 2.34 equity multiple over the past ten years.
A Proven Strategy:
Acquire, improve, manage,
Capitalizing on the exponential demand for both workforce and senior housing, we have cultivated a focused strategy to “provide quality housing that makes lives better.” Not only does our strategy improve the lives of working families and seniors, it also provides strong, consistent returns for our investors, partners, and our third-party management accounts.
Responding to the current economic times, we have added the hospitality industry to our strategy. Opportunities exist to acquire well-located hotel assets below market value, improve them, and generate high returns for our investment partners. In some cases, hotels can be repurposed into senior housing.
Our acquisitions and developments are driven by specific market conditions, economic/demographic trends, and opportunities as identified by our local, “boots on the ground” resources.
We add value by creating amenities that appeal to the residents and make our properties competitive in the market. We create communities where people want to live.
Whether investing in multifamily or senior housing, we are defined by our results, and results demand high-quality management. As property managers and as asset managers, we focus on meeting the business goals of our investment partners.
A Welsh legacy
The name Lloyd Jones was chosen to honor our founder’s Welsh great-grandfather, Alfred Lloyd, and grandfather, Hugh Jones. Lloyd was a master builder and mayor of Flint, a town in northeast Wales, and Jones was the owner of the local foundry. Both were highly respected businessmen and community leaders, and the family reputation for sound business practices and strong work ethic created an undeniable legacy for Chris Finlay from the time he was a boy. The Welsh dragon symbolizes this proud heritage that continues to inspire Chris and his team in the work that they do for their partners, investors and residents.
Christopher Finlay creates the Finlay companies which grow to be among the largest real estate firms in New England:
- Finlay Commercial Real Estate
- Finlay Real Estate Appraisal
- Finlay Property Management
Late ‘80s/early ‘90s S & L crisis creates asset management opportunities
The FDIC and RTC contract Finlay to handle the management and disposition of their ORE assets acquired as the result of the savings & loan crisis and recession.
The United States Postal Service chooses Finlay to develop and manage post office facilities across the country.
Finlay begins developing multifamily and senior housing communities, ultimately ranking among the top five producers of Housing Tax Credit properties. Development continued for fifteen years until the Great Recession.
Finlay continues development activities through 2008: workforce housing, senior living communities and luxury condominiums.
2007-2009 The Great Recession creates real estate investment opportunities.
Finlay and family member begin accumulating a portfolio of apartment communities for their own account.
Building on his investment success, Finlay creates Lloyd Jones Capital, a private-equity real estate investment firm offering outside investors an opportunity to participate in his acquisitions.
The massive baby boomer generation begins turning 70, creating senior housing opportunities.
Finlay merges Lloyd Jones Capital with the Finlay companies to create Lloyd Jones, a vertically integrated owner/operator of multifamily and senior housing.
Lloyd Jones recruits a veteran of the senior housing industry to run newly created Lloyd Jones Senior Living Management as the firm aggressively enters the senior housing market.
Under the continuing direction of Christopher Finlay, Lloyd Jones celebrates its 40th anniversary as a private-equity real estate firm focused on multifamily and senior housing investment and operations. The firm also offers third-party multifamily and senior-housing management services.
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