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...
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...
“As the housing market started to rebound in 2020, Lynd invested in two different priced renovation packages to see how the market would respond. “What we found is that the market responded very favorably by renting these homes at record rates,” said Constantine...
“Lynd’s history with the property goes back to 2017 when it managed the property for a nonprofit owner. After renovating a few units to test the market, Lynd recognized an opportunity to improve what it considered a well-located asset in a rapidly strengthening...
““What we found is that the market responded very favorably by renting these homes at record rates,” said Constantine Scurtis, Chief Investment Officer of Lynd Acquisitions Group. “Our ability to adapt at a time of uncertainty while managing risk along the way paid...
