Adam Torres |2/27/2019

Chris Finlay Chairman and CEO at Lloyd Jones LLC is interviewed in this episode. Lloyd Jones LLC specialized in multifamily investment and asset management.

Join your peers at the 18th annual Investor Relations, Marketing & Communications New York Forum on April 19-20, 2023.

Explore best practices in fundraising, LP relations, branding, communications, and marketing strategies with professionals working at private market firms.

Gain exclusive information about industry trends and solutions to challenges through panels with thought leaders, interactive roundtable discussions, and extensive networking opportunities.

Both new and experienced professionals will take away actionable insight from industry experts and form lasting relationships with peers to increase their value to their firm.

MIAMI – Lloyd Jones, a real estate investment firm headquartered in Miami, Florida, has announced the acquisition of four additional senior housing communities across Ohio, Texas, and Massachusetts to wrap up 2022, including:

AVIVA Glendale, a 50-unit, 70 bed assisted living community in Toledo, OH at the western tip of Lake Erie. Conveniently located minutes away from a variety of shops, restaurants, cultural attractions, and within 3 miles of two major hospitals; University of Toledo Medical Center and St. Luke’s Hospital. Substantial capex will be added to help position the asset as a key community in the market. 

AVIVA Hills, an 80-unit assisted living and memory care community in Canton, OH with 1 and 2 bedroom residences that feature some of the largest floor plans available in Canton. With 60 assisted living units and 20 memory care units, the community offers 91 beds and is licensed to expand up to 150. A full interior transformation is planned with state of the art assisted living and memory care upgrades along with exterior enhancements. Located on a beautiful secluded lot in the Belden Village area and within 5 miles of  three major hospitals, and 2 miles from the area’s premier shopping, dining, and entertainment. This adds a second AVIVA community in the Ohio market, as Lloyd Jones expands its midwest footprint. 

AVIVA Granbury, a 75-unit independent living, assisted living, and memory care community in Granbury, a growing suburb of Dallas-Fort Worth and popular destination for retirees. The community sits on a nearly 30-acre site comprising two buildings, one offering 41 independent living units and 15 assisted living units, and one dedicated to 19 memory care units. With an additional acreage of undeveloped land, the company is exploring expansion opportunities in the coming years.  

AVIVA Country Club Heights, a 104-unit assisted living and memory care community in Woburn, MA, an affluent northern suburb of Boston. The seven-story community is situated on a beautiful golf course country club, and consists of 83 assisted living units and 21 memory care units. All units and amenities were 100% upgraded within the last two years. The area supports strong senior housing demand with 9K+ income qualified seniors, projected to grow 23% by 2026. The community will receive $4M of CapEx upgrades.

As a senior housing operator, AVIVA Senior Living is owned and supported by the full resources of its parent company, Lloyd Jones. This past year Lloyd Jones laid the foundation for an exceptional future with AVIVA, set to become the benchmark for senior living moving forward.

“Lloyd Jones has successfully invested in and operated multifamily and senior housing real estate for four decades,” said Chris Finlay, CEO & Chairman at Lloyd Jones. “We look forward to bridging this experience with AVIVA to provide seniors with an incomparable living experience, combined with the latest amenities, services, and level of care that are expected of a world-class senior living community.”

Lloyd Jones identifies acquisitions that allow them to offer high-quality care by taking advantage of existing infrastructure and improving both the amenities and environments for existing and future residents. These holdings allow them to build a network of communities and grow their senior living presence across the country, while scaling operations with a broad range of industry experts and an innovative approach to adopting technology.

“We are creating middle-market options that span the senior living continuum, from active adult apartments to memory care and skilled nursing communities with innovative senior living technology that improves the way we deliver senior care,” said David Grady, President of AVIVA Senior Living. “We believe that this market will continue to outpace available supply, and that we are uniquely positioned to satisfy growing demand for affordable senior living with a focus on operational excellence.”

Lloyd Jones plans to rapidly expand their 11 holdings in the senior living space and expects to reach 5,000 units by the end of 2023. 

About Lloyd Jones LLC

Lloyd Jones is a real estate investment firm with 40 years of industry experience under the continuous direction of Chairman/CEO, Christopher Finlay. Based in Miami, 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 lloydjonesllc.com

To learn more about AVIVA Senior Living, visit avivaseniorliving.com

MIAMI – Lloyd Jones, a real estate investment firm headquartered in Miami, Florida, has announced the acquisition of its first hotel, Embassy Suites by Hilton in Lubbock, TX. After tracking the property for an extended period of time, Lloyd Jones Hospitality was able to acquire the hotel in an auction for significantly below replacement cost. 

“We find investment opportunities with unique value-add propositions, which takes time, but attracts long term equity partners and above average risk adjusted returns,” said Jan Liu, CIO of Hotels at Lloyd Jones.

“Hotels are one of the best inflation hedges,” said Chris Finlay, CEO & Chairman at Lloyd Jones. “We already have another hotel under LOI, with a goal to acquire three to five more this year by using our well-capitalized position to find opportunities in the market.”

Lloyd Jones will continue to diversify their hotel portfolio in 2023. This includes adding to current hospitality offerings, as well as repurposing distressed hotels.

About Lloyd Jones LLC

Lloyd Jones is a real estate investment firm with 40 years of industry experience under the continuous direction of Chairman/CEO, Christopher Finlay. Based in Miami, 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 lloydjonesllc.com

MIAMI – Lloyd Jones, a real estate investment firm headquartered in Miami, Florida, has announced the acquisition of Rittenhouse Village at Valparaiso, a 90-unit assisted living and memory care community in Valparaiso, Indiana. Positioned in the northwest region of Indiana and about ten miles south of Lake Michigan, the city of Valparaiso has become an attractive living destination, with a short commute to the Chicago area. The property will operate under the company’s propriety senior-living Aviva brand as AVIVA Valparaiso.

This marks Lloyd Jones’ sixth acquisition this year, and first in the state of Indiana. In June alone, the firm added a nationally recognized historical property and an active adult-community to its senior housing portfolio: AVIVA West Hartford in West Hartford, Connecticut, and AVIVA Fort Worth in Fort Worth, Texas.

Built in 2007 and renovated in 2019, AVIVA Valparaiso is a two-story community that stretches over 70,700 square feet. The building features a porte cochere entrance with a grand lobby and vast open lounges. The first floor includes two dining rooms, a cafe, activity center, gardening area, and two separate wings consisting of 66 assisted-living units and 24 memory-care units. The second floor of the community offers additional communal areas for the residents and a beauty salon and barbershop.

“We are excited to expand our footprint in the Midwest and in a state with a large, growing senior population where over 40% of the total population will be over 65 by 2030,” says Tod Petty, Vice Chairman of Lloyd Jones Senior Living. “Our operational expertise will create a life-enriching environment to meet the needs of this aging demographic.”

Lloyd Jones plans to invest over $1M into the property to execute a capital renovation strategy that includes new lighting, plank vinyl flooring, and updated plumbing fixtures in units. The firm will also introduce its signature technology package to enhance the comfort and security of its residents.

This investment partnership will be open to individual accredited investors through a soon-to-be-launched investment platform. Details on the launch will be available September 1st, 2022 on www.lloydjonesllc.com

MIAMI – Lloyd Jones, a real estate investment firm headquartered in Miami, Florida, has announced the acquisition of First Apartments, a 194-unit, a mid-rise multifamily community in East Little Havana. The property is situated less than one mile from the vibrant neighborhoods of downtown Miami and Brickell. This marks the firm’s sixth acquisition announced this year. First Apartments will be rebranded and renamed The Vibe.

For the third time this year, Lloyd Jones has partnered with ST Real Estate Holding Inc. (STRE), under the direction of Vice Chairman Patrick Lardi, to close the transaction. Back in April, the partnership acquired AVIVA Maybelle Carter in Madison, Tennessee. In June, the joint venture announced a second transaction with the acquisition of AVIVA Fort Worth in Fort Worth, Texas.

Completed in 2021, the First Apartments community was built with great attention to detail and a focus on smart home design. The property features spacious, modern apartment homes with in-unit finishes that include porcelain tile flooring, Wi-Fi enabled smart washer and dryer, and oversized terraces. These sleek furnishings are complemented by an array of premium amenities such as a resort-style pool, expansive dog park and pet wash station, remote workspaces with tech tables, and EV car charging ports.

“The immediate area surrounding the property has benefited from a surge in rental demand and is forecasted for continued growth,” says Ashley Socarras, senior vice president of acquisitions at Lloyd Jones. “We are excited to add The Vibe to our portfolio. This is a beautiful property, five minutes from the epicenter of Miami’s employment, retail, and entertainment activity. And, of course, its close proximity to the Lloyd Jones headquarters is especially appealing.”

The Lloyd Jones team continues to seek investment opportunities in the multifamily and senior housing space nationwide, with a primary focus on the Sun Belt regions.

About Lloyd Jones LLC
Lloyd Jones LLC is a real estate investment firm with 40 years in the industry under the continuous direction of Chairman/CEO, Christopher Finlay. Based in Miami, 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

About ST Real Estate Holding Inc. (STRE)
ST Real Estate Holding Inc. (STRE) is a real estate investment firm launched in the 1960s by pioneer Dr. Tito Tettamanti, STRE Honorary Chairman. With a focus on Switzerland and Canada, STRE has expanded its investments in the United States, Hong Kong, China, and Australia, building a historical portfolio of more than 1.5 billion USD. Att. Massimo Pedrazzini and Mr. Patrick Lardi have grown the residential U.S. and commercial Australian portfolio, valued at more than 720 million USD, over the last decade. With an experienced team and support from the Fidinam Group, STRE is able to generate long-term returns and promptly respond to changing market conditions. STRE is the real estate investment division of ST Group Holding.

Learn more at: https://stre.biz/

Lloyd Jones Partners with ST Real Estate Holding Inc. To Acquire Trinity Courtyard in Fort Worth, Texas

MIAMI – Lloyd Jones, a real estate investment firm headquartered in Miami, Florida, announced today the acquisition of Trinity Courtyard, a 138-unit, active adult community in Fort Worth, Texas.

Lloyd Jones partnered with ST Real Estate Holding Inc. (STRE), under the direction of Vice Chairman Patrick Lardi, to close the transaction. The property will operate under Lloyd Jones’ proprietary Aviva brand as AVIVA Fort Worth.

Trinity Courtyard is located just minutes away from downtown Fort Worth – the second fastest- growing large city in the United States – and gives residents direct access to a diverse array of entertainment, retail outlets, and outdoor recreation activities. Stretching over six acres of land, the community features nine-foot ceilings in one- to two-bedroom apartments with some offering an attached garage space. Lloyd Jones plans to enhance the property through refreshing all exterior paint, refining landscaping, modernizing clubhouse interiors, and upgrading technology packages throughout.

“We are excited to create a new option for active adults in the Fort Worth area. AVIVA Fort Worth will offer a fulfilling 55+ lifestyle and high-end amenities – at rental rates appropriate for the middle-income population,” said Tod Petty, Vice Chairman of Lloyd Jones Senior Living. “This is a magnificent property which we will upgrade by adding the latest technology packages for the benefit of our residents.”

The Lloyd Jones team continues to aggressively pursue senior housing acquisitions throughout the United States, primarily in the South and Midwest, as this marks the fifth investment transaction for the firm this year.

About Lloyd Jones LLC

Lloyd Jones LLC is a real estate investment firm with 40 years in the industry under the continuous direction of Chairman/CEO, Christopher Finlay. Based in Miami, 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.

About ST Real Estate Holding Inc. (STRE)

ST Real Estate Holding Inc. is a real estate investment firm launched in the 1960’s by pioneer Dr. Tito Tettamanti, STRE Honorary Chairman. Starting with a focus on Switzerland and Canada, STRE has expanded its investments in the United States, Hong Kong, China, and Australia, building a historical portfolio of more than 1.5 billion USD. In the last decade Att.y Massimo Pedrazzini and Mr. Patrick Lardi have generated the residential U.S. and commercial Australian portfolio now valued at more than 720 million USD. With an experienced team and support from the Fidinam Group, STRE is able to generate long-term returns and promptly respond to changing market conditions. STRE is the real estate investment division of ST Group Holding.

Learn more at: https://stre.biz/

 

MIAMI – Lloyd Jones, a real estate investment firm headquartered in Miami, Florida, announced today the acquisition of Hamilton Heights, a 113-unit, senior living community in West Hartford, Connecticut. The property will operate under Lloyd Jones’ proprietary Aviva brand as AVIVA West Hartford.

Hamilton Heights marks Lloyd Jones’ fourth senior housing acquisition this year. In February, the firm added two Class-A communities to its senior-living portfolio and a third in April: AVIVA Woodlands in Lincoln, Nebraska; AVIVA River Bend in Rochester, Minnesota; and AVIVA Maybelle Carter in Nashville, Tennessee.

Formerly known as Mount St. Joseph Academy, a Roman Catholic boarding school for girls, the property was adapted to an independent living, assisted living, and memory care community in 1997. The original academy was built in 1905 by well-known Hartford architect, John J. Dwyer, and is currently on the National Register of Historic Places. The property features a Georgian revival facade with four and five stories that stretches over ten acres in the heart of West Hartford. With an extensive capital renovation strategy, the community will undergo updates that include refreshing the surrounding landscape, restyling furnishes throughout the communal areas, and implementing a new technology package to bring the property up to Aviva brand standards.

Chris Finlay, chairman/CEO of Lloyd Jones, says “As a developer of many historic properties throughout my career, I can truly say this is a gem. And we intend to polish it up even more for the benefit and enjoyment of our residents.”

In addition to the forthcoming enhancements, residents of AVIVA West Hartford can enjoy amenities that include a fully-stocked library, outdoor patio and walking trails, pub, movie theater, spacious chapel and worship space, and a full service salon and spa.

About Lloyd Jones LLC:

Lloyd Jones LLC is a real estate investment firm with 40 years in the industry under the continuous direction of Chairman/CEO, Christopher Finlay. Based in Miami, the firm specializes in multifamily and senior housing investment, development, and management. It has recently added a hotel acquisition division. Investment partners include private and institutional investors and family offices around the world.

To learn more about Lloyd Jones, visit lloydjonesllc.com.

MIAMI – Lloyd Jones, a real estate investment firm headquartered in Miami, Florida, announced today the acquisition of Hamilton Heights, a 113-unit, senior living community in West Hartford, Connecticut. The property will operate under Lloyd Jones’ proprietary Aviva brand as AVIVA West Hartford.

Hamilton Heights marks Lloyd Jones’ fourth senior housing acquisition this year. In February, the firm added two Class-A communities to its senior-living portfolio and a third in April: AVIVA Woodlands in Lincoln, Nebraska; AVIVA River Bend in Rochester, Minnesota; and AVIVA Maybelle Carter in Nashville, Tennessee.

Formerly known as Mount St. Joseph Academy, a Roman Catholic boarding school for girls, the property was adapted to an independent living, assisted living, and memory care community in 1997. The original academy was built in 1905 by well-known Hartford architect, John J. Dwyer, and is currently on the National Register of Historic Places. The property features a Georgian revival facade with four and five stories that stretches over ten acres in the heart of West Hartford. With an extensive capital renovation strategy, the community will undergo updates that include refreshing the surrounding landscape, restyling furnishes throughout the communal areas, and implementing a new technology package to bring the property up to Aviva brand standards.

Chris Finlay, chairman/CEO of Lloyd Jones, says “As a developer of many historic properties throughout my career, I can truly say this is a gem. And we intend to polish it up even more for the benefit and enjoyment of our residents.”

In addition to the forthcoming enhancements, residents of AVIVA West Hartford can enjoy amenities that include a fully-stocked library, outdoor patio and walking trails, pub, movie theater, spacious chapel and worship space, and a full service salon and spa.

About Lloyd Jones LLC:

Lloyd Jones LLC is a real estate investment firm with 40 years in the industry under the continuous direction of Chairman/CEO, Christopher Finlay. Based in Miami, the firm specializes in multifamily and senior housing investment, development, and management. It has recently added a hotel acquisition division. Investment partners include private and institutional investors and family offices around the world.

To learn more about Lloyd Jones, visit lloydjonesllc.com.

MIAMI – Lloyd Jones, a real estate investment firm headquartered in Miami, Florida, announced today the acquisition of Hamilton Heights, a 113-unit, senior living community in West Hartford, Connecticut. The property will operate under Lloyd Jones’ proprietary Aviva brand as AVIVA West Hartford.

Hamilton Heights marks Lloyd Jones’ fourth senior housing acquisition this year. In February, the firm added two Class-A communities to its senior-living portfolio and a third in April: AVIVA Woodlands in Lincoln, Nebraska; AVIVA River Bend in Rochester, Minnesota; and AVIVA Maybelle Carter in Nashville, Tennessee.

Formerly known as Mount St. Joseph Academy, a Roman Catholic boarding school for girls, the property was adapted to an independent living, assisted living, and memory care community in 1997. The original academy was built in 1905 by well-known Hartford architect, John J. Dwyer, and is currently on the National Register of Historic Places. The property features a Georgian revival facade with four and five stories that stretches over ten acres in the heart of West Hartford. With an extensive capital renovation strategy, the community will undergo updates that include refreshing the surrounding landscape, restyling furnishes throughout the communal areas, and implementing a new technology package to bring the property up to Aviva brand standards.

Chris Finlay, chairman/CEO of Lloyd Jones, says “As a developer of many historic properties throughout my career, I can truly say this is a gem. And we intend to polish it up even more for the benefit and enjoyment of our residents.”

In addition to the forthcoming enhancements, residents of AVIVA West Hartford can enjoy amenities that include a fully-stocked library, outdoor patio and walking trails, pub, movie theater, spacious chapel and worship space, and a full service salon and spa.

About Lloyd Jones LLC:

Lloyd Jones LLC is a real estate investment firm with 40 years in the industry under the continuous direction of Chairman/CEO, Christopher Finlay. Based in Miami, the firm specializes in multifamily and senior housing investment, development, and management. It has recently added a hotel acquisition division. Investment partners include private and institutional investors and family offices around the world.

To learn more about Lloyd Jones, visit lloydjonesllc.com.