NEW YORK CITY—Lloyd Jones Capital has opened an office here and has brought on two managing directors to oversee the local effort.
The Miami-based, private equity real estate firm, which specializes in the multifamily sector, has hired Stephanie O’Mara and Steven Druth. Lloyd Jones Capital launched a NYC office now “to be more accessible to our NYC investors,” chairman and CEO Chris Finlay tells GlobeSt.com. Also, he notes, “The timing coincides with the launch of our new American Workforce Housing Fund.”
O’Mara joins the firm from Bridge Investment Group here. She served in a fundraising capacity, where her title was director of capital markets, and she raised capital for a series of real estate private equity funds. Previously, O’Mara was with Pomona Capital, where she raised institutional capital for a series of real estate private equity funds.
In O’Mara’s new role, she will oversee capital raising and investor relations for Lloyd Jones’ funds. “Stephanie’s expertise and strong relationships will provide an exceptional advantage to Lloyd Jones Capital,” Finlay states.
Druth joins Lloyd Jones after a stint at Marcus & Millichap as a broker. In his new position he will facilitate capital raising for the firm’s joint ventures.
Says Druth, “I am excited to join Lloyd Jones Capital and further the firm’s efforts of multifamily investing that offer current cash flow and strong upside potential to investors.”
He has a professional history with Finlay. Druth worked for Finlay Commercial Real Estate twenty years ago, in Northern MA. “Steve went on to successfully operate his own brokerage firm for 10 years and ultimately became a broker at Marcus & Millichap,” says Finlay, a real estate veteran. “I’m thrilled to have him back on board.”
Finlay continues, “Stephanie and Steve will be integral in launching our ninth office location and will further strengthen client and institutional investor relationships in the New York region.”
Lloyd Jones Capital also has offices in Houston, Dallas/Fort Worth, San Antonio, Greenville, Jacksonville, Orlando, Tampa and Miami.
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