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The JCM Opportunity Fund I, LLC is pleased to announce the closing of its latest investment, The St. Regis Residences, Boston.

October 2018 – This prestigious development marks the eighth investment for the Fund, which has committed $36 million of invested equity into the project in partnership with The Cronin Group, LLC, a Boston-based commercial and residential real estate developer.

The St. Regis Residences, Boston represents only the second all-residential property under the St. Regis banner worldwide, and it brings luxury residential living and the finest amenities available to the Seaport.

The 22-story tower, which is projected to have a $500 million stabilized market value, features 114 condominium units, below-ground valet parking, an onsite fine dining restaurant, fitness amenities and professional services. Its striking, innovative design by Elkus Manfredi Architects reflects the nautical origins of the Seaport District and is destined to become a landmark of the Boston skyline.

Gary F. Joyal, CEO, Managing Partner and Fund Manager comments, “When Jon Cronin from Cronin Development presented the opportunity for the Fund to be a partner, he walked through a first-class team to make his vision a reality. The legendary architectural firm of Elkus Manfredi was tasked to design the building to resemble the Tall Ships which is in keeping with the nautical importance of the Seaport. The construction team led by John Moriarty & Associates was very important since his construction management company has deep experience in this type of premium build. And lastly, having the St. Regis brand behind everything means that we can be part of a landmark that epitomizes luxury living at its finest, residing on the last developable waterfront parcel of land in the Seaport.

“It is a privilege for my firm to invest in a project that the city of Boston will be proud of. The core principles of excellence and best-in-class service that define The St. Regis Residences, Boston are the same principles that my team at Joyal Capital Management have delivered to clients for nearly thirty years. This, above all else, provides me with the confidence and satisfaction that The St. Regis Residences, Boston will be extraordinary.”

Watch highlights from The St. Regis Residences, Boston Groundbreaking Ceremony below.

JCM Opportunity Fund I, LLC Invests In Edge College Hill

Seventh Private Equity Fund Investment is in Student Housing in Providence, RI

PLYMOUTH, Mass. (Oct. 29, 2018) – Joyal Capital Management, LLC said today that its private equity investment fund, JCM Opportunity Fund I, LLC, has invested $11.5 million in Edge College Hill, in Providence, R.I., marking the fund’s seventh investment.

Edge College Hill is a 226-unit, 237-bed student housing facility, the first purpose-built student housing in historic College Hill in Providence, and serves the student populations of Brown University, Rhode Island School of Design (RISD) and Johnson & Wales University.

The development is centrally located, readily accessible to the city’s many cultural and entertainment offerings. Constructed in only 12 months, with fully furnished apartments, a 24/7 fitness center, controlled building access and a rooftop lounge, the property is a fitting and highly functional solution to student housing in an urban campus setting.

“The JCM Opportunity Fund could not be more pleased with the Edge College Hill facility,” said Gary F. Joyal, Chief Executive officer and Managing Partner of Joyal Capital Management, LLC. “Our partnership with Rick and Mary Shaffer of Vision Properties continues to produce an exceptional student housing product that fills a vacuum that has existed for decades. I look forward to continuing our mission to provide housing alternatives for students that would not exist otherwise.”

Urban areas including Providence, with concentrations of institutions of higher education, are challenged because of growing student populations competing with residents for housing supply. Many cities have encouraged colleges and universities to house more of their students on campus or, alternatively, provide places for them to live.

Watch a video of Edge College Hill's Ribbon Cutting Ceremony below.

How Joyal Capital Management Helps Navigate Franchise Financing

August 2018 – CEO and Managing Partner Gary F. Joyal offers insight into the best ways to maintain strong financial standing.

The foundation of franchising starts with the financing behind it. From real estate and rent to initial franchise fees and equipment, the costs required to launch a franchise business can add up quickly, and at times can seem overwhelming and confusing.

Companies such as Joyal Capital Management Franchise Development, a subsidiary of Joyal Capital Management, LLC., strive to create a seamless selling process in what otherwise could be a stressful experience.

“Joyal Capital Management (JCM) brings 30 years of experience to a full range of transactions, including mergers, leveraged buyouts, joint ventures, strategic alliances, refinancing divestitures and other restructurings,” said Gary F. Joyal, CEO & Managing Partner of Joyal Capital Management, LLC.

With over 250 franchisee clients representing 2,000 locations, JCM Franchise Development is built on the foundation of providing differentiated, value-added services to its clients on complex strategic decisions and transactions.

JCM’s team of analysts prepare a detailed offering with all the data metrics needed for potential buyers to understand the opportunity.

“JCM encourages franchisees to work with a lending partner who is ready and willing to grow with them,” said Joyal. “It is recommended to be proactive in arranging a line of credit so the franchisee knows that funds are available as growth opportunities develop.”

Read the full article at 1851Franchise.com.

BOSTON, Jan. 24, 2018 /PRNewswire/ -- JCM Franchise Development, LLC (JCMFD) is pleased to announce the successful closing of the single largest sale of a Dunkin' Donuts and Baskin Robbins franchised network ever recorded at Joyal Capital Management.

JCMFD was able to deploy its entire suite of sell-side consulting services to their client, who is a long-time Dunkin' franchisee in greater Chicago, on the sale of the 67-store network and corresponding SDA. Over the course of five separate closings which involved seven purchasing groups, JCMFD was able to lead the facilitation, coordination and closing of a very complex transaction while ultimately providing a seamless transition among all parties.

In preparing the due diligence and offering materials needed to go to the market, JCMFD proved to be a significant resource to the buyers through the consolidation of a tremendous amount of raw data that speaks to the scale of this transaction. JCMFD also leveraged its extensive knowledge of the Dunkin' franchisee landscape to ensure that the potential buyers had the experience and resources to thrive within the Dunkin' brand throughout the Chicago region.

Additionally, JCM Finance sourced qualified lenders within its network of financial institutions to provide a conduit for potential buyers to accept the necessary credit for a portion of the stores being purchased.

"We are extremely proud to be part of this historic transaction for our Dunkin' Donuts franchisee client and moreover, to be able to demonstrate the various unique offerings our firm affords the QSR space. This was frankly a very complex transaction with many moving parts that demanded excellence in coordination and deliverables. The results of my team satisfying these demands are extraordinary, yielding the largest aggregate transaction value ever realized for a Dunkin' Donuts network at JCM. I look forward to other opportunities like Chicago where we can also add value through our expertise and knowledge in being able to successfully bring buyers and sellers in the QSR space together."

Joyal Capital Management, LLC announces recent real estate investments currently in development through the JCM Opportunity Fund.

BOSTON, Aug. 3, 2017 /PRNewswire/ -- The JCM Opportunity Fund has raised an $11,500,000 investment in The Edge at Merrimack River, a 147-unit, off-campus student housing complex serving the Lowell campus of the University of Massachusetts. This is the Fund's third investment and fifth collaboration with Vision Development Inc. At completion, the Fund expects the development to be worth $55,000,000 with a Projected Annual Return of 16.61% and a Floor Return of 14.00%.

The Fund has also partnered with a South Shore-based development and management company Megryco, Inc. on the investment and financing of Pointe 1620, a 56-unit condominium development in Plymouth, MA. This luxury property is in close proximity to Boston and Cape Cod providing an easy commute to both destinations. At completion, the Fund expects the development to be worth $21,000,000 with a Projected Annual Return of 29.70% and a Floor Return of 20.00%.

"We are very pleased to see growth in the Fund's real estate investment portfolio and to be associated with talented development teams like Vision and Megryco. My primary objective is to make sure the Fund selects only those investments that meet or exceed the returns modeled for the Fund from the very beginning. We are continually evaluating future opportunities that can add value to the fund portfolio and to our investors." – Gary F. Joyal, CEO & Managing Partner, Joyal Capital Management

Joyal Capital Management, LLC announces recent real estate private equity investments through the JCM Opportunity Fund.

BOSTON, Jan. 25, 2017 /PRNewswire/ — The JCM Opportunity Fund I, LLC is pleased and excited to announce its most recent investment – a to-be-developed, fifty-six unit condominium development in the rapidly-growing Plymouth, MA market. The Fund is partnering on the project with South Shore-based development and management company Megryco, Inc., led by its Founder and Principal Rick Vayo.

The Fund has placed $3,500,000 of invested equity in the project along with $1,500,000 of equity from Megryco and $14,500,000 of construction financing provided by Woburn, MA-based Northern Bank & Trust Company. At completion, the partnership expects the development to be worth $25,000,000 with a projected AAR of 29.70% over a 22-month holding period.

The JCM Opportunity Fund I, LLC is also pleased to announce the closing of The Edge at Merrimack River in Lowell, MA.

The Edge at Merrimack River is a to-be-developed 147-unit, 414 bed off-campus student housing complex serving the enrollment at the Lowell campus of the University of Massachusetts. This is the Fund’s third investment and fifth collaboration with Vision Development, Inc. and its principals Rick and Mary Shaffer.

The Fund has placed $11,500,000 of invested equity in the project along with $33,744,000 of construction financing provided by Northern Bank & Trust. At completion, the Fund/Vision partnership expects the development to be worth $55,000,000 with a projected AAR, net of fees, of 16.61% over a 26-month hold and a projected IRR, net of fees, of 15.20% over a 26-month hold.

“These last two investments underscore the Fund’s commitment to strategic real estate development in markets that are poised for growth and where certain demand segments are underserved. We are proud to partner with companies like Vision and Megryco that represent best in class operations with outstanding track records, and proud to continue our long and successful relationship on the debt side with Northern Bank & Trust Company, who is truly much more a partner than a bank.”

Joyal Capital Management and Vision Properties - a rewarding partnership

BOSTON, Aug. 31, 2016 /PRNewswire/ -- Joyal Capital Management, LLC is pleased to announce the completion of its latest investment with PA-based real estate development partners Vision Properties. This marks the fifth successful collaboration between the two firms, the third on The Edge brand, and represents JCM's commitment to building long-lasting, multi–service relationships with its business partners.

The JCM Opportunity Fund I, LLC (JCM's private equity arm) recently completed an investment in a to-be-developed, purpose-built, off-campus student housing project that will serve the enrolled population at the University of Massachusetts – Lowell campus. When completed, this development, The Edge Lowell, will offer 438 rentable bedrooms with unparalleled offerings of unit and property amenities in the Lowell market.

Prior to UMass Lowell, the JCM Opportunity Fund's first successful Edge investment was completed in 2015. This development is a five-story, 170-unit ground-up, medical multifamily property, adjacent to the Wake Forest Baptist Medical Center in Winston-Salem, NC. It was sold after development, and the return to investors over a 17-month hold was an IRR of 21.1% and an AAR of 22.04%.

The JCM Opportunity Fund's second successful Edge engagement, in concert with JCM Finance, LLC, was to arrange the debt financing for The Edge at Union Station, an extensive renovation and repurposing of the historic Osgood Bradley building in Worcester, MA. It completed in May 2016 and is opening its doors in September 2016.

JCM's partnership with Vision extends well beyond its private equity capability to include insurance, estate planning and financing. These value-added deliverables exemplify JCM's Total Plan Integration philosophy of providing global business planning and wealth-preservation solutions to its clients and partners.

"JCM has enjoyed a long and wonderful relationship with Vision Development as well as with Rick and Mary Shaffer personally. Vision is a vertically integrated, best in class operation that we are proud to call both a client and a partner. We look forward to continued success developing strategically-placed multifamily properties and acting as a resource to their entire organization." – Gary F. Joyal, CEO & Managing Partner, Joyal Capital Management, LLC

Watch the video below for an overview of JCM's investments in Vision's Edge developments.

Joyal Capital Management is Pleased to Announce an Exciting Inaugural Year for the JCM Opportunity Fund

June 2015 – BOSTON--(BUSINESS WIRE)--June 2015 marked the 1-year anniversary of the JCM Opportunity Fund I, LLC (the Fund), and Joyal Capital Management, LLC (JCM) is excited and pleased to report a successful inaugural year. The Fund completed four investments, and will be raising capital for a fifth very shortly. In overview:

• A real estate investment in an independent living facility that was renovated into an assisted living facility in Boca Raton, FL. The Fund invested $5,242,500 of Equity in the Asset, which appraised for $10,000,000 and exited the investment with a 43% Average Annual Return and a 47.8% Gross IRR.

• A real estate investment in a ground-up, medical multifamily development adjacent to the Wake Forest Baptist Medical Center in Winston-Salem, NC. The Fund invested $4,000,000 of Equity in the Asset, which is under contract to sell for $35,400,000 on July 31, 2015. Should the sale close, the Fund will exit the investment with 25% Projected Average Annual Return and a 30.5% Projected Gross IRR.

• A QSR investment in a well-known, national, franchised pizza concept in Miami, FL. The Fund invested $7,300,000 of Equity in the Asset, which is estimated to be worth $33,600,000. On eventual exit, the Fund expects a 19.7% Projected Average Annual Return and a 14% Projected Gross IRR.

• A QSR investment involving a well-known, national, franchised coffee and pastry concept in Atlanta, GA. The Fund invested $7,400,000 of Equity in the Asset, which is estimated to be worth $27,000,000. On eventual exit, the Fund expects a 24.8% Projected Average Annual Return and a 21% Projected Gross IRR.

The Fund achieved a level of balance and diversification in its first four investments: 50% of the investments were in the real estate execution and 50% of the investments were in the Quick Service Restaurant execution.

The announcements above are for informational purposes only for the confidential use of the intended recipient. No announcement information may be construed as an offer of, solicitation of an offer to buy, recommendation of, representation of suitability or endorsement of, any security, investment fund, interest in real estate or other investment. Any such offering shall be made only to qualified investors by a private placement memorandum or a similar document containing risk factors and accompanied by other definitive offering documents, distributed by persons authorized by Joyal Capital Management, LLC, and only in those jurisdictions where permitted by applicable law. This announcement is not such an offering document nor shall it serve or be deemed to alter, supersede or amend any such offering document.