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/

Multifamily real estate is an excellent way to diversify your investment portfolio, and a crowdfunding platform allows you to invest in this asset at a level you’re comfortable with.

Multifamily real estate can make money for you in two ways: 1) Rent payments provide an income stream that may be returned to investors as distributions, and 2) the value of the apartment asset itself may rise, leading to a gain when it is sold.

Crowdfunding allows investment in multifamily real estate in much smaller increments than previously possible. This opens up opportunities for smaller investors and those who want to spread their funds across a variety of multifamily assets to further diversify their investments.

What is a multifamily real estate crowdfunding investment?

Crowdfunding is done through online platforms designed to aggregate dozens or even hundreds of smaller investments. It allows groups of individuals to invest in real estate projects that are too large for them to invest in alone.

A real estate developer may post a planned development for crowdfunding; an investment team or owner may post existing properties for investment; or, a real estate fund may post its parameters and other information for potential investors. The entity advertising the investment is often known as a “sponsor.”

The investors’ money is pooled together and goes to the developer or fund, or is invested directly into the property.

How does multifamily real estate investing via crowdfunding work?

Real estate crowdfunding platforms post available deals on their websites. Anyone can browse basic information about each property, investment or fund, but only investors who are fully qualified and registered with the platform can see details for each investment – essentially, the prospectus.

A potential investor can browse the crowdfunding platform for multifamily investments that catch their eye, or they can search the platform for other investments based on specific criteria.

To make an investment, the user securely submits an offer for the number of project shares they wish to buy. The funding platform will then review the offer and documents, approve the offer, and notify the investor. The investor pays via wire, ACH, check or other approved methods.

Who can invest in crowdfunded multifamily real estate?

Requirements vary from site to site. Some sites may only allow accredited investors – those with a joint or individual net worth of at least $1 million, excluding their primary residence, and annual income of at least $200,000 (or $300,000 for married couples) for the past two years.

Is there a minimum amount that someone can invest when crowdfunding multifamily real estate?

Some sites divide project shares into smaller increments, lowering the threshold for investing, while others may require minimum investments of $1,000, $5,000, $25,000 or even higher. The minimum to invest in a specific multifamily project may also vary across a single platform, depending on the unique details of each offering.

How do investors monitor their crowdfunded multifamily real estate?
The investment sponsor generally keeps investors updated through the crowdfunding platform. This includes financial and other reports, tax documentation, choices about distributions and more.

By Taylor Williams

Miami-based investment firm Lloyd Jones has acquired Seville at Clay Crossing, a 351-unit apartment community located in the western Houston suburb of Katy that was built in 2020. Units at the property feature granite countertops, private garages and individual washers and dryers. Amenities include a pool, package lockers and a dog park. The seller and sales price were not disclosed.

Lloyd Jones Acquires 351-Unit Multifamily Community in Metro Houston

By Taylor Williams

Miami-based investment firm Lloyd Jones has acquired Seville at Clay Crossing, a 351-unit apartment community located in the western Houston suburb of Katy that was built in 2020. Units at the property feature granite countertops, private garages and individual washers and dryers. Amenities include a pool, package lockers and a dog park. The seller and sales price were not disclosed.

Lloyd Jones Acquires 351-Unit Multifamily Community in Metro Houston

By Taylor Williams

Miami-based investment firm Lloyd Jones has acquired Seville at Clay Crossing, a 351-unit apartment community located in the western Houston suburb of Katy that was built in 2020. Units at the property feature granite countertops, private garages and individual washers and dryers. Amenities include a pool, package lockers and a dog park. The seller and sales price were not disclosed.

Lloyd Jones Acquires 351-Unit Multifamily Community in Metro Houston

By Taylor Williams

Miami-based investment firm Lloyd Jones has acquired Seville at Clay Crossing, a 351-unit apartment community located in the western Houston suburb of Katy that was built in 2020. Units at the property feature granite countertops, private garages and individual washers and dryers. Amenities include a pool, package lockers and a dog park. The seller and sales price were not disclosed.

Lloyd Jones Acquires 351-Unit Multifamily Community in Metro Houston

By Taylor Williams

Miami-based investment firm Lloyd Jones has acquired Seville at Clay Crossing, a 351-unit apartment community located in the western Houston suburb of Katy that was built in 2020. Units at the property feature granite countertops, private garages and individual washers and dryers. Amenities include a pool, package lockers and a dog park. The seller and sales price were not disclosed.

Lloyd Jones Acquires 351-Unit Multifamily Community in Metro Houston

By Taylor Williams

Miami-based investment firm Lloyd Jones has acquired Seville at Clay Crossing, a 351-unit apartment community located in the western Houston suburb of Katy that was built in 2020. Units at the property feature granite countertops, private garages and individual washers and dryers. Amenities include a pool, package lockers and a dog park. The seller and sales price were not disclosed.

Lloyd Jones Acquires 351-Unit Multifamily Community in Metro Houston

By Taylor Williams

Miami-based investment firm Lloyd Jones has acquired Seville at Clay Crossing, a 351-unit apartment community located in the western Houston suburb of Katy that was built in 2020. Units at the property feature granite countertops, private garages and individual washers and dryers. Amenities include a pool, package lockers and a dog park. The seller and sales price were not disclosed.

Lloyd Jones Acquires 351-Unit Multifamily Community in Metro Houston

By Taylor Williams

Miami-based investment firm Lloyd Jones has acquired Seville at Clay Crossing, a 351-unit apartment community located in the western Houston suburb of Katy that was built in 2020. Units at the property feature granite countertops, private garages and individual washers and dryers. Amenities include a pool, package lockers and a dog park. The seller and sales price were not disclosed.

Lloyd Jones Acquires 351-Unit Multifamily Community in Metro Houston