Locally based development and investment firm The Lynd Group has acquired Esperanza Apartments, a 244-unit garden-style community in San Antonio, for $49 million. Continue Reading (PDF) >>>
Nine months after acquiring a multifamily community in suburban Houston for $44.55 million, The Lynd Group has sold the property to a real estate investment firm for $61.38 million. Continue Reading (PDF) >>>
“It’s nice when you take risk and are rewarded for it,” said A. David Lynd, CEO of The Lynd Group. “At the time we put Paramount under contract the outlook in energy and Houston was bleak. However, we have been to this movie before and know that Houston is much more...
Late last year, San Antonio-based Lynd Living flipped an apartment building in just eight months for $15.5 million more than it paid. After spending $4 million on renovations and upgrades at Aqua Villa, a 280-unit garden-style community in Margate, Florida, that it...
