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.ljasl.wpengine.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.ljasl.wpengine.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.ljasl.wpengine.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.

An investment in multifamily real estate can help you diversify your investment holdings. This is an area of real estate that many investors have had personal experience with, so it may feel like a comfortable foray into real estate investing.

In addition to familiarity, though, there are many sound reasons to invest in multifamily real estate. Let’s take a look at the top 5 reasons.

1. Demand for multifamily real estate should continue to rise. 

Last year set a record for multifamily demand, with annual absorption – the total number of newly built apartments that were rented during the year – of 617,500 apartments, according to CBRE. That was up 238% from 2020 levels and 97% from 2019.

Vacancy rates in the multifamily sector are at their lowest in nearly four decades: As of Q4 2021, the vacancy rate was just 4.5%, according to Costar data.

It’s no wonder that a recent Berkadia survey found that 82% of mortgage bankers and investment sales advisors expect demand for multifamily housing to rise.

Many people prefer renting over owning their home, and there are many reasons for this:

• Home ownership is not a top priority for millennials or Gen Z, who are delaying marriage and may be carrying heavy student debt burdens.
• Rising home prices and mortgage rates have priced many people out of the market.
• As workers spend less time at each job, they want more flexibility to move for the best opportunities.

2. An investment in multifamily housing can offer both income and appreciation. 

Rents offer an income stream to multifamily investors, while the property itself may appreciate in value. And rents have been rising.

According to Redfin, in January 2022, the nationwide average asking rent for an apartment was up 15.2% from January 2021. Rents rose even more in particularly in-demand metro areas, with the top 10 growing markets all seeing rent growth of 30% or more from 2019 to 2022. In fact, only two metro areas that Redfin tracks saw rents fall during January.

3. Multifamily real estate offers a wide range of investment options.

Apartments are in demand in suburban and urban areas, small and large cities, and across regions of the U.S. Properties range from garden-style apartments that may be just a couple of stories high to skyscrapers, from multi-building communities to single standalone buildings. Multifamily properties also cater to a variety of demographics, and include various levels of amenities – you can invest in Class A, B or C multifamily, or in affordable or workforce housing specifically.

4. Multifamily real estate tends to be inflation-resistant.

Most apartment leases are for one or two years, which means rate changes can happen frequently. The ability to adjust rental rates to match the market gives multifamily real estate tremendous inflation resistance.

5. Governments are focused on building affordable and workforce housing.

This focus stems in large part from rising home prices, and has led to a variety of government incentives for developers of affordable and workforce housing. This type of multifamily real estate can be an investment that is both profitable and performs a social good. The right types of housing help communities thrive, reduce homelessness and increase the quality of life for residents.

Are you interested in investing in multifamily properties through crowdfunding? Sign up with Lloyd Jones to learn more about hotel investment opportunities.

How It Works: Investing in Senior Living Projects via Crowdfunding

Chris Finlay, Chairman and CEO of Lloyd Jones, breaks down what it takes to start investing in senior living real estate via crowdfunding, and how to make the most of the market in 2022.

Here’s a short excerpt from this video:

“We at Lloyd Jones have invested a significant amount of capital into creating our own operating platform. We brought on board senior industry leaders, top players. And that’s the unique thing about the time we’re in…”

An investment in multifamily real estate can help you diversify your investment holdings. This is an area of real estate that many investors have had personal experience with, so it may feel like a comfortable foray into real estate investing.

In addition to familiarity, though, there are many sound reasons to invest in multifamily real estate. Let’s take a look at the top 5 reasons.

1. Demand for multifamily real estate should continue to rise. 

Last year set a record for multifamily demand, with annual absorption – the total number of newly built apartments that were rented during the year – of 617,500 apartments, according to CBRE. That was up 238% from 2020 levels and 97% from 2019.

Vacancy rates in the multifamily sector are at their lowest in nearly four decades: As of Q4 2021, the vacancy rate was just 4.5%, according to Costar data.

It’s no wonder that a recent Berkadia survey found that 82% of mortgage bankers and investment sales advisors expect demand for multifamily housing to rise.

Many people prefer renting over owning their home, and there are many reasons for this:

• Home ownership is not a top priority for millennials or Gen Z, who are delaying marriage and may be carrying heavy student debt burdens.
• Rising home prices and mortgage rates have priced many people out of the market.
• As workers spend less time at each job, they want more flexibility to move for the best opportunities.

2. An investment in multifamily housing can offer both income and appreciation. 

Rents offer an income stream to multifamily investors, while the property itself may appreciate in value. And rents have been rising.

According to Redfin, in January 2022, the nationwide average asking rent for an apartment was up 15.2% from January 2021. Rents rose even more in particularly in-demand metro areas, with the top 10 growing markets all seeing rent growth of 30% or more from 2019 to 2022. In fact, only two metro areas that Redfin tracks saw rents fall during January.

3. Multifamily real estate offers a wide range of investment options.

Apartments are in demand in suburban and urban areas, small and large cities, and across regions of the U.S. Properties range from garden-style apartments that may be just a couple of stories high to skyscrapers, from multi-building communities to single standalone buildings. Multifamily properties also cater to a variety of demographics, and include various levels of amenities – you can invest in Class A, B or C multifamily, or in affordable or workforce housing specifically.

4. Multifamily real estate tends to be inflation-resistant.

Most apartment leases are for one or two years, which means rate changes can happen frequently. The ability to adjust rental rates to match the market gives multifamily real estate tremendous inflation resistance.

5. Governments are focused on building affordable and workforce housing.

This focus stems in large part from rising home prices, and has led to a variety of government incentives for developers of affordable and workforce housing. This type of multifamily real estate can be an investment that is both profitable and performs a social good. The right types of housing help communities thrive, reduce homelessness and increase the quality of life for residents.

Are you interested in investing in multifamily properties through crowdfunding? Sign up with Lloyd Jones to learn more about hotel investment opportunities.