MIAMI –  Lloyd Jones Capital, a Miami-based multifamily investment firm, has purchased the Jackson Square apartment community in Tallahassee, the Florida state capital. The property is located at 1767 Hermitage Boulevard which connects Thomasville Road and Capital Circle, NE, just south of I-10. The 242-unit acquisition brings the Lloyd Jones Capital portfolio to 4,500 units spread across Texas, Florida, and the Southeast.

Says Chris Finlay, chairman/CEO of Lloyd Jones Capital, “This is a well-maintained property, with every amenity, in one of the best neighborhoods of Tallahassee.  We expect it to provide steady income and capital appreciation for our investors.”

Built in 1996, the property offers one-, two-, and 3-bedroom apartments; garages; and a modern clubhouse that includes an interior racquetball court.  Lloyd Jones Capital will continue a value-add program initiated by the previous owner. Finlay adds, “Our local teams scour Texas, Florida, and the Southeast for good investment properties; they are hard to find. Jackson Square is one of the best.”
According to Finlay, property management will be handled by Finlay Management, the operations group at Lloyd Jones Capital.  Finlay Management is an Accredited Management Organization (AMO®) as designated by the Institute of Real Estate Management (IREM®) and has a 37-year history in the industry.

About Lloyd Jones Capital
Lloyd Jones Capital is a private-equity real estate firm that specializes in the multifamily sector. With 37 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 local expertise in each of its markets.
Headquartered in Miami, the firm has offices throughout Texas, Florida, and the Southeast, plus New York City.  The firm’s investors include institutional partners, private investors, and its own principals.
For more information visit:  lloydjonesdev.wpengine.com.

By: Rayna Katz
September 16, 2016
NEW YORK CITY—The private equity real estate firm has opened its first office here and hired a pair of industry professionals to lead operations.

NEW YORK CITY—Lloyd Jones Capital has opened an office here and has brought on two managing directors to oversee the local effort.

The Miami-based, private equity real estate firm, which specializes in the multifamily sector, has hired Stephanie O’Mara and Steven Druth.

Lloyd Jones Capital launched a NYC office now “to be more accessible to our NYC investors,” chairman and CEO Chris Finlay tells GlobeSt.com. Also, he notes, “The timing coincides with the launch of our new American Workforce Housing Fund.”

O’Mara joins the firm from Bridge Investment Group here. She served in a fundraising capacity, where her title was director of capital markets, and she raised capital for a series of real estate private equity funds. Previously, O’Mara was with Pomona Capital, where she raised institutional capital for a series of real estate private equity funds.

In O’Mara’s new role, she will oversee capital raising and investor relations for Lloyd Jones’ funds. “Stephanie’s expertise and strong relationships will provide an exceptional advantage to Lloyd Jones Capital,” Finlay states.

Druth joins Lloyd Jones after a stint at Marcus & Millichap as a broker. In his new position he will facilitate capital raising for the firm’s joint ventures.

Says Druth, “I am excited to join Lloyd Jones Capital and further the firm’s efforts of multifamily investing that offer current cash flow and strong upside potential to investors.”

He has a professional history with Finlay. Druth worked for Finlay Commercial Real Estate twenty years ago, in Northern MA. “Steve went on to successfully operate his own brokerage firm for 10 years and ultimately became a broker at Marcus & Millichap,” says Finlay, a real estate veteran. “I’m thrilled to have him back on board.”

Finlay continues, “Stephanie and Steve will be integral in launching our ninth office location and will further strengthen client and institutional investor relationships in the New York region.”

Lloyd Jones Capital also has offices in Houston, Dallas/Fort Worth, San Antonio, Greenville, Jacksonville, Orlando, Tampa and Miami.

More than 300 of the industry’s leading national investors, REITs, banks, private equity firms, asset management firms and other institutions will join us as we explore the market conditions behind the trends at this year’s RealShare National Investment & Finance, scheduled for Oct. 5 and 6 at the Roosevelt Hotel in New York City. Learn more.

Steady gains in the US economy have resulted in net positives for the multifamily sector—will this wave continue for the foreseeable future? What’s driving development and capital flows? Join us at RealShare Apartments on October 19 & 20 for impactful information from the leaders in the National multifamily space. Learn more.
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