MIAMI, Fla. – Lloyd Jones Capital, a private equity multifamily real estate firm, has acquired Waters Edge at Harbison in Columbia, South Carolina. The 204-unit apartment community is located in Northwest metro Columbia at 250 Crossbow Drive.
This garden-style multifamily property offers competitive amenities and will receive some renovations. “Upon closing, Lloyd Jones Capital will complete renovations to meet market demand,” said Chris Finlay, Chairman & CEO of Lloyd Jones Capital.
Lloyd Jones Capital’s property management arm, Finlay Management Inc., will ensure the asset is effectively managed. “Located in the largest city in South Carolina, with employment growing 4.2 percent year over year, this multifamily asset is a great long-term investment when coupled with our property management systems,” said Mr. Finlay.
Lloyd Jones Capital’s strategy involves acquiring multifamily real estate assets in growing markets throughout Texas, Florida and South Carolina. “We’ve watched closely as Columbia has become one of the fastest growing cities in the Southeast. Data shows that the metropolitan area’s population has increased by 19 percent since 1990,” Finlay said.
ABOUT LLOYD JONES CAPITAL
Lloyd Jones Capital is a private equity real estate firm that specializes in the multifamily sector. With 35 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 unparalleled local expertise in each of its markets. Headquartered in Miami, the firm has offices throughout Texas and Florida. The firm’s investors include institutional partners, private investors and company principals. For more information visit ljasl.wpengine.com.
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