Jack Lingo Asset Management

Recently, the last home at our Governors project was sold! This is a huge milestone as it marks the tail end of an extremely successful project. Here are a few of the key elements of this awesome community: 🎾Our team poured months into the design of this project, from the amazing amenities to the most minute details.  👷We had a tremendous builder-partner in Schell Brothers, who was fully-aligned with our goal to make this one of the best communities in the region.  🏗️We assembled a skilled team of contractors and trade partners, and our team expertly oversaw the project development.  🏠We never lost sight of our goal—making this a place where people are proud to call home!  💸Based on our record-breaking sales pace, a community of happy residents, and tremendous investment results—this is truly a grand slam!    #realestateinvestment #realestatedevelopment #investing 

JLAM Tips & Tricks: One of the three main methods we use to reach our apartment and office properties’ valuations is the Discounted Cash Flow model. We use Rockport VAL to easily adjust assumptions for future forecasts. Programs like VAL and Argus are very powerful and detailed, so it is critical to revisit all assumptions—like renewal rates & costs and downtime—to ensure you are capturing the real time nuances of each property.    Thanks for the tip, Thomas Intrieri.    Also, happy two-year anniversary! 🎉 We can’t wait to see the contributions you make over the next two years—and then the tips-and-tricks we create about what you accomplished!      #realestateinvestments #investing #tipsandtricks 

Doug Motley, CFA, one of our managing principals, was recently on The Executive Room podcast with Kimberly Afonso.     Listen to the episode to learn valuable insights on how we’ve built a reputation as a trusted real estate investment and development firm that delivers on its promise of creating and investing in places where people want to be—and to hear about his journey as an entrepreneur.    https://lnkd.in/ez7inPaC #podcast #realestateinvestments #entrepreneur

Meet the Team: Stephen Beauchamp, CAIA. Stephen joins our investment team as an associate and will help us continue to expand our acquisition efforts. And, he adds some singing skills to our squad! 1) What is your job title at JLAM? Describe briefly what you do. As an associate, I’m a member of the investment team reporting to Doug Motley, CFA. I support the team with research and investor relations. 2) How many years of experience do you have in your field(s)? I’ve been in the investment industry for 10 years in various capacities, including customer service, operations, analysis, research, and more. 3) What do you love the most about your career? I love learning new things. Working in investing has allowed me to understand more about new businesses, technologies, & geographies, and I’ve been fortunate to work for some very bright people. 4) Why did you choose to work for JLAM? What year did you join the team? I just joined JLAM in August. I chose JLAM because of the people and the culture. JLAM takes care of its employees, and the employees take care of its residents/investors/tenants. 5) What's your favorite part about working for JLAM? JLAM provides an entrepreneurial company culture by enabling each team member to perform their role how they feel best drives their performance. 6) What is one thing people need to know about JLAM they may not know already? JLAM spends countless hours on due diligence and turns down a lot of opportunities to find the carefully curated investments it offers its investment partners.  7) What do you do for fun outside of work?  I love watching live music. My wife and I try to go to as many concerts as we can. 8) If you could eat one food for the rest of your life, what would it be and why? Sushi. 9) Where is your favorite place in the world and why? Bethany Beach. My family and I have shared many memories there, and look forward to making more.  10) What’s one thing people should know about you that they may not? I love to sing karaoke. #meettheteam #realestateinvestments #investing 

JLAM Tips and Tricks: Executing projects can be a very complicated process, and when you have an underperforming contractor/design firm, it makes it even harder. This is why it’s important to choose like-minded firms with similar goals and expectations. It takes time and experience to determine who the right fit in these categories may be, but when you do, it streamlines time-to-completion and minimizes stressful disruptions along the way. When both sides of the contract are working together, everyone is successful.    We appreciate the advice, Zachary Rhoad, P.E., PMP!    #tipsandtricks #realestatedevelopment #realestateinvestments #projectmanagement 

We’re pleased to announce the recent closing of an industrial acquisition in Middletown, DE. This 52,232 sq. ft. single tenant property is a rare combination of industrial, retail, and IOS, and is strategically positioned to benefit from the continued growth of the Middletown area and the building supply industry! Thanks to Steve Garthwaite for representing us and to Fulton Bank for providing the financing.    Our real estate investments target overlooked market segments—including lower/middle-market assets in underserved secondary and tertiary markets in the Mid-Atlantic and Southeast regions—and this property is an attractive addition to our portfolio. Check out our deal announcement one-pager.    #investments #realestateinvestments #commercialrealestate 

Project Update: The progress of Olde Town’s amenities is the talk of the ... well ... town! Framing is wrapping up, and our mechanicals are getting started. There is such a buzz about this community because of the unique walkability to downtown Lewes it offers and the true custom home aspect that fosters so much character for the project. This is why the development only has a handful of lots left to buy! #realestatedevelopment #investing #realestateinvestment 

We are very grateful for all our residents and tenants because they choose to have our projects play an integral part in their lives. To show our thanks, last month we held our Resident Appreciation Day for The Oaks at Georgetown and Windward on the River. These fun-filled days featured dancing, face-painting, eating great food, swimming, and more. Thanks to everyone who came out to celebrate! #multifamily #realestateinvestments #investing  

Investors like you trust that our experience throughout the investment life cycle will produce great results that you can be proud of. Why not go beyond taking our word for it and see for yourself an example of our capabilities at work? Watch our latest residential development video to learn how we create and invest in places that people want to be.   #alts #realestatedevelopment #investing 

Doug Motley, CFA, one of JLAM’s managing principals, recently appeared on the Multifamily Chronicles podcast with Adrian C Danila CAPS, CAMT.     Check out the podcast to learn:     🏘️ Why differentiated assets are such a critical part of our organizational philosophy.  🏗️️ How we create a special experience for our projects’ residents and (apartment & commercial) tenants.   💼 What advantages our company structure provides to enable us to achieve these objectives.    Listen to the full episode here:   https://lnkd.in/d74XCxKQ    #podcast #realestateinvestments #investing