MIAMI, Fla., July 9, 2026 – Lloyd Jones LLC, a vertically integrated real estate investment firm, today announced the appointment of Jimmy Carrion as President and Chief Executive Officer.

Carrion succeeds Christopher Finlay, who will transition to the role of Founder and Executive Chairman after leading the company for more than 46 years. In his new role, Carrion will oversee the continued growth and strategic direction of Lloyd Jones and its subsidiaries, including Aviva® Senior Living, while building on the vision and foundation established under Finlay’s leadership.

“Jimmy has earned the trust and respect of our team through his leadership, loyalty, and unwavering commitment to our mission,” said Christopher Finlay, Founder and Executive Chairman of Lloyd Jones. “As President and CEO, he is the right leader to guide Lloyd Jones into its next chapter of growth. I look forward to continuing to support the company as Executive Chairman by focusing on long-term strategy and helping ensure we remain well-positioned for the future.”

As Executive Chairman, Finlay will remain actively involved in shaping the company’s strategic outlook and initiatives while stepping back from day-to-day operations. He will also establish a Board of Advisors to provide guidance and strategic insight to Carrion and the executive leadership team as Lloyd Jones continues its expansion.

“This transition represents the next step in our evolution,” said Carrion. “I’m honored to lead Lloyd Jones and grateful for Chris’s confidence and mentorship. We have an exceptional team, a strong foundation, and tremendous opportunities ahead. Together, we’ll continue building on the vision that has brought us this far while expanding our platform, growing Aviva Senior Living, and delivering long-term value for our residents, partners, investors, and team members.”

As part of its continued growth strategy, Lloyd Jones has relocated its corporate headquarters from Dallas back to Miami. The move positions the company to accelerate its capital raising efforts for new senior housing opportunities, expand the Aviva® Senior Living platform, and support the company’s next phase of expansion.

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About Lloyd Jones

Lloyd Jones is a vertically integrated real estate investment firm with subsidiaries in development, construction, and senior-living operations. Operating under the same leadership for over 46 years, the company invests in high-potential multifamily and senior housing assets across the country. Headquartered back in Miami, the company has been aggressively expanding into the senior housing market with the acquisition of numerous communities over the past few years. Its senior living subsidiary, Aviva® Senior Living is a full-service senior housing management firm. For more information, visit http://www.lloydjonesllc.com.

Media Contact:
Janalyn Oronos
Lloyd Jones LLC
joronos@lloydjonesllc.com

PORT ST. LUCIE, Fla.— AVIVA, the first independent luxury senior rental community in St. Lucie West, is excited to announce its grand opening, offering a dynamic new lifestyle for active adults 55+. The community, located at 590 NW Lake Whitney Place off NW Peacock Boulevard, spans 10 acres with 203,665 square feet and includes 159 elegant one- and two-bedroom residences complemented by an array of resort-style amenities.

AVIVA will celebrate with a ribbon-cutting ceremony on December 4, officially marking its debut as a premier, all-inclusive rental community. Residents enjoy fine dining, housekeeping, utilities, high-speed fiber optic Wi-Fi and a full calendar of social events and outings as part of the rental fee starting at $4,300 per month.
AVIVA offers contemporary three-story buildings thoughtfully designed to maximize natural light and scenic views. The residences are convenient to the clubhouse, which serves as the vibrant heart of the community.

“Our community meets a growing demand from active adults looking for a low-maintenance lifestyle that fosters social connections and personal freedom. Many are thrilled by the opportunity to downsize, enjoy resort amenities and avoid the clubhouse dues and homeowner fees common in traditional single-family home communities,” said Executive Director Michele Gyscek. “Feedback has been extremely positive since we opened with people saying that this area needed a new all-inclusive luxury community geared to people 55+.”

AVIVA boasts a variety of resort-style features, including an outdoor zero-entry swimming pool with a sundeck, pickleball courts, a putting green, walking trails and a dog park. Indoor amenities include a full-service restaurant and bar, beauty salon, fitness center, health services, business center, and multipurpose rooms for activities and gatherings.

“Our residents appreciate the independence AVIVA offers,” she added. “They’re free from home maintenance and financial responsibilities like those of homeownership but enjoy access to exceptional amenities without needing assisted living services and their associated costs. Dining, social events and our on-site conveniences are very appealing. Residents want to travel, volunteer, pursue hobbies and maintain strong social connections—without the obligations of traditional homeownership.”

AVIVA’s prime location places residents close to shopping, dining, and recreation. The community is within walking distance of a Walmart Supercenter, Starbucks and popular restaurants. Publix, Staples, the USPS, and an AMC theater are less than two miles away, and residents can easily access Clover Park, the NY Mets’ spring training facility, the PGA Golf Club and the Towne Center at St. Lucie West, all nearby. Additionally, medical facilities and two airports, West Palm Beach and Vero, are conveniently
accessible.

Each residence offers a fully equipped kitchen with an island, spacious walk-in closets, upgraded cabinetry, in-unit washers and dryers, screened-in porches and 10 ft. ceilings. With hurricane-resistant windows and doors and an emergency generator, AVIVA provides comfort and security, especially during hurricanes and storms.

About AVIVA Senior Living
AVIVA Senior Living is a senior housing subsidiary of Lloyd Jones, LLC., an over 40-year owner/operator of multifamily and senior housing communities. The AVIVA portfolio spans the senior-living spectrum – from active-adult and independent living to assisted living and memory care. AVIVA offers residents a maintenance-free lifestyle, personalized services, curated activities, robust health and wellness programs and state-of-the-art amenities. For more information, please visit https://avivaportstlucie.com/ or call 772-800-5000 for a tour.

DALLAS – Lloyd Jones, a Dallas-based real estate investment firm has named Jimmy Carrion chief operating officer. Previously senior vice president of investor relations, Carrion has worked closely with chairman/CEO, Chris Finlay, since joining the firm in 2020.

Says Finlay, “Jimmy has been working as my ‘right- hand-man’ for several years now. He has been involved in every aspect of the business from investor relations, investment acquisitions and underwriting, to senior-housing asset management. He has all the right skills to lead Lloyd Jones in the oversight of our subsidiaries.”

Carrion’s 15-year career has been focused on operations and investment management, starting with the Atlanta Razorback Sports Complex of the North American Soccer League. There he served as director of operations responsible for facility budgets and financial reporting in addition to the oversight of managers and staff.

From there, he worked in the construction industry as director of sales and operations for a construction management firm.

Prior to joining Lloyd Jones, Carrion served as regional business development manager of OYO USA, the second-largest hotel chain in the world where he led a team responsible for the Asia-based firm’s expansions into the southeastern United States.

At Lloyd Jones, Carrion will continue to work closely with Finlay to oversee the operations of Lloyd Jones and its subsidiaries, with a current focus on AVIVA Senior Living, its senior housing management arm. Adds Finlay, “As a diligent asset manager, Jimmy knows our assets and our business inside out. When he visits our properties, he lives on-site. He understands the challenges the industry faces and is prepared to tackle them head on.”

Carrion is based at the Lloyd Jones Crescent Court headquarters in Uptown Dallas. He holds a bachelor’s degree in international business from Georgia State University and is fully bilingual.

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Entryway Central Florida Recognizes Investment Firm’s Commitment to Reducing Homelessness.

Dallas – Lloyd Jones LLC, a real estate investment firm based in Dallas, has been chosen Entryway Central Florida’s 2023 Philanthropy Partner of the Year. A strong supporter of Entryway (FKA Shelters to Shutters) since its inception, Lloyd Jones recognizes the value of the organization’s mission.

Entryway is a national 501(c)3 organization that transitions individuals and families at risk of or experiencing homelessness to economic self-sufficiency by providing career training, full-time employment, and housing opportunities in partnership with the real estate industry.

“Helping those facing situational homelessness gain employment and a home is a win-win for everybody. And we are especially proud of the Entryway founders and leadership for coming up with this innovative way to combat homelessness,” commented Christopher Finlay, Chairman/CEO of Lloyd Jones. To those leading the charge, we say ‘Well done. Thank you.’”

Over two-thirds of those experiencing homelessness in the U.S. are situationally homeless due to a life-altering event such as job loss, medical or health emergency, divorce, domestic abuse or the loss of a primary income earner. By partnering with the multifamily real estate industry, Entryway finds entry-level jobs and housing for those who want to work and return to a life of self-sufficiency.

Adds Finlay, “Our contributions will increase the number of people Entryway can reach, providing life-changing solutions for the situationally homeless. For every receptionist, groundskeeper, or maintenance tech we place at a multifamily community, that’s another family on the road to self-sufficiency. We are very proud to support Entryway.”

Lloyd Jones is a vertically integrated real estate investment firm with subsidiaries in investment, development, construction, and senior-living operations. Operating under the same leadership for over 40 years, the company invests in high-potential multifamily and senior housing assets across the country.

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Dallas, TX. – Entryway, a national non-profit that provides career training, employment and housing opportunities to at-risk and housing insecure individuals and families in partnership with multifamily owners and operators, today announced a $100,000 donation from Dallas-based Lloyd Jones LLC, a real estate investment, development, and management firm specializing in multifamily and senior housing.

“This investment allows us to bring our proven model to Central Texas as our 12th market launch across the country. Lloyd Jones’ commitment to be a lead investor and supporter of Entryway’s mission has allowed us to forever change the lives of families we serve in Orlando and will now also open the door for individuals and families in Central Texas,” commented David Williams, President & CEO of Entryway. “We are grateful for their recognition of the need for our program that offers both employment and housing simultaneously and puts individuals and families back on a path to economic self-sufficiency.”

Entryway sources, screens, trains and places highly motivated and capable individuals in high demand on-site jobs in partnership with 72 leading apartment owners and operators. The organization works with multiple referring partners in each of its local markets as well as nationally to identify suitable job applicants who are struggling with or at risk of homelessness. Entryway upskills program participants through online and in-person training opportunities to get them ready for full time positions in the apartment industry such as leasing, maintenance and groundskeeping. Entryway also offers participants interview skills, job coaching, financial literacy and access to 1:1 mentoring. The program changes the lives of individuals and families while providing quality, motivated employees for a rapidly growing industry in need of talent.

“Helping those facing homelessness gain employment and a home is a win-win for everybody. And we are especially proud of the Entryway founders and leadership for coming up with this innovative way to combat homelessness,” commented Stacey Hess, Controller for Lloyd Jones and longtime Entryway advocate. “To those leading the charge, we say ‘Well done. Thank you.’”

Over two-thirds of those experiencing homelessness in the U.S. are situationally homeless due to a life-altering event such as job loss, medical or health emergency, divorce, domestic abuse or the loss of a primary income earner. The contribution from Lloyd Jones will help Entryway serve more people who want to work and return to a life of self-sufficiency.

About Entryway
Entryway is a national nonprofit that transitions individuals and families from homelessness to economic self-sufficiency by providing career training, employment, and housing opportunities in partnership with the real estate industry. Entryway currently operates in 11 markets: Atlanta, Central Florida, Charleston, Denver, Houston, Nashville, National Capital Region, North Carolina, North Texas, Greater Phoenix, and Philadelphia. The Central Texas market will be the 12th market for Entryway. For more information, please visit www.entrywaytalent.org.

About Lloyd Jones LLC
Lloyd Jones is a vertically integrated real estate investment firm with subsidiaries in development, construction, and senior-living operations. Operating under the same leadership for over 40 years, the company invests in high-potential multifamily and senior housing assets across the country. Headquartered in Dallas, the company has been aggressively expanding into the senior housing market with the acquisition of numerous communities over the past few years. Its senior living subsidiary, AVIVA Senior Living is a full-service senior housing management firm. For more information, visit www.lloydjonesllc.com.

Real Estate Investment Firm To Rebrand Staunton, VA, Community as AVIVA Baldwin Park

DALLAS – Lloyd Jones, a real estate investment firm headquartered in Dallas, Texas, has announced the acquisition of Brightview Baldwin Park, a 136-unit independent living, assisted living, and memory care community in Staunton, Virginia. This marks Lloyd Jones’ first senior housing acquisition this year. The property was purchased from Brightview Senior Living and will operate under the Lloyd Jones proprietary Aviva brand as AVIVA Baldwin Park.

Originally built in 1987 and subsequently refurbished in 2003, AVIVA Baldwin Park includes two separate three-story structures on a sprawling fifteen-acre estate. The southern building houses 85 independent living units, and the northern building accommodates the remaining 51 assisted living and memory care units. Property amenities include a well-stocked library, beauty and barber shop, community fireplace, and updated fitness center. The property features an expansive courtyard where residents can enjoy an outdoor trail with picturesque views of the Blue Ridge Mountains and Shenandoah Valley.

“This is a beautiful property in a beautiful area of Virginia. We hope to continue to serve the surrounding communities with exceptional senior living. To expand the excellent reputation of Baldwin Park, we have an experienced and loving on-site team in place, backed by the full resources of both AVIVA Senior Living and Lloyd Jones,” says Christopher Finlay, Chairman and CEO of Lloyd Jones.

With a $3.1M capital renovation budget, the Lloyd Jones team plans to focus on significant upgrades to the northern building to match the recently updated southern building. The team also aims to introduce its signature technology package that includes keyless door locks, resident safety pendants, and new property camera systems to enhance the security of the residents.

The Lloyd Jones partner in this investment is SP Venture Partners, a real estate investment firm that focuses on making tax-efficient Co-GP investments alongside seasoned operating partners in multifamily and senior housing. Its founders have a proven track record of investing and managing $125 million of equity across $1.5 billion of real estate. This experience has given SP Venture Partners the ability to formulate and implement a comprehensive due diligence process on the operating partners it invests alongside. Peter Powers, co-founder of SP Venture Partners adds “My partner, Sean, and I both grew up with families that owned businesses that served seniors and have seen the increased need to provide senior housing that allows seniors to continue living fulfilling lives.”

About Lloyd Jones LLC

Lloyd Jones LLC is a real estate investment firm with 43 years in the industry under the continuous direction of Chairman/CEO, Christopher Finlay. Now based in Dallas, the firm specializes in multifamily and senior housing investment, development, and management. Investment partners include private and institutional investors and family offices around the world. To learn more about Lloyd Jones, visit www.lloydjonesllc.com.

 

If there’s any good news out there, surely the experts will find it.  So, full of hope and anticipation, I recently attended two excellent national conferences.  

The first was Globe St. Multifamily Conference in Los Angeles. With its encouraging subjects like “Turning Change Into Opportunity” and “Bouncing Forward,” I was ready for the good news.

This is always a great conference because they get exceptional speakers and panelists.  But alas, no good news. The general sentiment is that we’re in  a very challenging market.  Interest rates, insurance, and taxes are all growing much faster than rents (which we all know).  Along with that are the political regulatory risks.  All in all, the great storm.  The speakers confirmed it’s very difficult to make deals work.  It seems most capital providers are looking at providing “pref equity” (the new equity) and or mezzanine debt.  All provide extra protection in the capital stack and at today’s rate, equity-type returns.

There was overwhelming sentiment that there’s going to be a reset in the near future. What kind of reset? Cap rates UP and prices DOWN.

If that’s not bad enough, a huge inventory of new multifamily  product is coming online. (700 new units per day since 2020 according to Avison Young.) With these new deliveries rent growth has slowed.  But so has new construction. Starts are down about 60% since last year. With 10-year Treasuries at 4.7% and asking cap rates at 5.0%, investment activity is very limited.

No one is expecting devastation (maybe that’s my good news), but everyone is expecting a correction that will take a few years to work through.

Of course, this will present opportunities for those with fresh capital.

With my enthusiasm dampened a bit, I was off to my next great hope, the ever-popular NIC (National Center for Senior Housing) conference in Chicago. I knew I could find some good news here, because we are seeing it in the rising occupancies in our own senior properties.  I did find some optimism here, mainly because we see the massive baby boomer market starting to reach “senior housing” age.  So, the demand is here. And there’s optimism that technology will somehow address the labor challenges we face. 

But optimism is different from good news.  As though COVID was not enough, labor costs, insurance, and interest rates are all putting pressure on the industry.  Debt markets have almost all shut down, so transaction volume is very low.  It’s especially hard to get debt for non-cash-flowing assets.  Here, too, cap rates are rising while prices are declining.

But occupancy is slowly improving, along with the labor market.  But some sellers cannot hang on, so we anticipate seeing outstanding investment opportunities for those willing to take the risk (and able to find funds to close).  As you know, I am a strong believer in this asset class.  If you can close a deal in this market, I am optimistic that you will be well rewarded in the next three to five years.  

One thing for sure is that the market demand is growing and unlike multifamily, there’s very little new supply.  

Actually, I did discover some good news. A University of Chicago study has found  that senior housing improves the lives of seniors as they adjust to a new, social, nurtured lifestyle found in a senior community. Knowing that might give families more comfort and confidence in their decision-making.

In conclusion, in my opinion we are nearing a capitalization stage, Sellers with debt coming due (whatever the asset class) are going to have to liquidate. If they can’t fund interim losses, they will have to sell, maybe even below remaining debt. There will be some extraordinary investment opportunities.