A David Lynd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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...

S.A.'s wealthy and famous don't use their names on documents.

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...

SAN ANTONIO, TX - Just nine months after acquiring a 372-unit apartment community in suburban Houston, The Lynd Group has sold the property to a real estate investment firm for $61.380 million. The transaction closed on March 7, 2022. Lynd paid $44.55 million for Paramount at Kingwood in June 2022. The buyer this time is Massachusetts-based Colony Hills Capital, which formed in 2008 to focus on the acquisition, ownership and management of value-add multifamily assets in secondary markets. The...