Lynd Group News Today

SAN ANTONIO, TX - Lynd Acquisition Group (LAG) acquired a 327-unit garden-style apartment community in San Antonio for $76.25 million. The property was developed in 2021 by its affiliate Lynd Development Group. Both entities are part of San Antonio-based LYND Group. “At LYND, we feel that Culebra Commons is the nicest garden deal we have ever developed,” said CEO A.David Lynd. “Selling it to someone else just did not feel right. Hats off to my scrappy acquisitions team...

Yes, extreme weather is part of the problem. But there's so much more.

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

Office sector is facing more distress and challenges, Brookfield might become an even bigger dealmaker

JACKSONVILLE, FL - Lynd Acquisitions Group (LAG), a division of The Lynd Group, and its JV partner Topaz Capital, sold a 444-unit value-add multifamily asset in Jacksonville for $66 million just three years after acquiring it for $35.15 million. The partnership invested approximately $5 million updating both living spaces and common areas. They renovated approximately 75% of the units, increasing average rents from $783 per month to $1,078 per month at the time of closing. “When we...

Highlights include Pitbull, circus, Carlos Mencia, Vietnam War museum benefit.

Santikos Enterprises has sold off more land, this time a vacant swath near Rolling Oaks Mall in Northeast San Antonio to buyers who plan to build apartments.

Santikos now says it will build the former proposed movie theater near Alamo Ranch Parkway, four miles north of the apartments.

SAN ANTONIO, TX - The Lynd Group announces that it has sold a 312-unit apartment community near Houston for $53.9 million- the second disposition of a value-add portfolio asset in that market over the past 30 days. The Villas at Valley Ranch closed on April 8, less than nine months after the San Antonio-based real estate company acquired it for $39 million. Lynd invested hundreds of thousands of dollars in renovations and upgrades. The buyer is Houston-based Keener Investments, a fully...