Apartment Owner Flips Fort Lauderdale Property for $66.5M

Lynd Living CEO David Lynd said the decision to sell came down to timing the currently hot real estate market “Values in South Florida have really skyrocketed since the pandemic due to intense in-migration from other states,” he said in prepared remarks. Continue...

Lynd Living Sells South Florida Community for $66.5 Million

Lynd Living has flipped a multifamily community in Margate, Florida, just eight months after acquiring it. The San Antonio-based real estate firm has sold Aqua Villa for $66.5 million, $15.5 million than what it paid on March 17, to Atlanta based CARROLL. Continue...

Lynd Living Sells Apartment Community in Margate, Florida for $66.5M

Lynd Living has sold the Lakes at Margate, a 280-unit, garden-style apartment complex in Margate, for $66.5 million. The firm purchased the property just eight months prior for $51 million.Lynd Living Sells Apartment Community in Margate, Florida for $66.5M Continue...