It all began in 1972. Craig and Pat Lloyd founded Lloyd Companies with a vision for the way real estate should work—people should be the foundation. Instead of focusing on sales and size, the Lloyds extended their family values of quality, integrity, and relationships to their business. Craig and Pat were so proud to be a family company that they began to consider their employees, vendors, customers, clients, and residents a part of their family, too. The Lloyds have applied this humble approach to their work for more than forty years, propelling Lloyd Companies from a lone multifamily property to what it is today—a full-service property management, real estate, construction, and development company with a portfolio of over 4,000 apartment units and many of the region’s finest office and retail centers.
In January of 2016, Craig and Pat’s nephew Chris Thorkelson took over leadership of Lloyd Companies. He transitioned out of his position as Chief Operating Officer to succeed Craig as Chief Executive Officer. Chris maintains the Lloyd family values, including a commitment to community. Headquartered in Sioux Falls, South Dakota, Lloyd Companies continues to be an agent of progress and change in its home city, around South Dakota, and throughout the Midwest.