The Lynd Group, a national real estate development, investment, and property management firm, secured $34.5 million in refinancing for Parc Place Apartments, a multifamily community located in Miami Gardens. 

The loan, provided by A10 Capital, will support the property’s ongoing renovation program and operational enhancements.  The Lynd Group acquired Parc Place in 2021 for $40.8 million. 

“When we bought this property, we knew there was a lot of potential to add value and create an exceptional living experience for our residents,” said A. David Lynd, CEO of The Lynd Group.  “This refinancing will allow us to continue with our rehab program and fund future commitments that are aligned with our business plan. To date, we have seen monthly rent increases ranging from $120 to $150.”

Lynd will complete renovations on the remaining unrenovated units, transforming them into premium living spaces. Improvements include new flooring, countertops, stainless steel appliances, and tile backsplashes. Common areas are also undergoing a significant facelift. 

Located at 17600 NW 5^th Avenue, Parc Place Apartments is a 234-unit garden-style rental community offering a mix of one-, two-, and three-bedroom residences designed to meet the needs of working professionals and families. The residences feature spacious floor plans, large living and dining areas, and functional layouts suited for everyday living.

Residents at Parc Place benefit from a range of community amenities, including a swimming pool, fitness center, gated access, covered parking, and on-site management and maintenance. The pet-friendly community also offers convenient services such as package receiving and controlled access, enhancing both comfort and security.

Located with convenient access to major thoroughfares, including I-95 and the Florida Turnpike, Parc Place provides connectivity to employment centers, shopping destinations, and recreational amenities throughout Miami-Dade and adjoining Broward County. The property is also situated near Hard Rock Stadium, home of the NFL’s Miami Dolphins, the Florida Open, the Formula 1 Miami Grand Prix, 2026 FIFA World Cup matches, and major concerts and festivals.

About The Lynd Group
The Lynd Group is a fully vertically integrated real estate organization based in San Antonio, Texas, with a long-standing history in the acquisition, development, and management of residential and commercial real estate. With operations throughout the U.S., Lynd ranks among the nation’s premier multifamily management companies. For more information, visit www.lynd.com.