“Through Mission Springs JV 2019 LLC, Lynd Co. of San Antonio sold the apartments to NS Property Management of Fort Lauderdale, which bought the property through Villas at Ortega LP Lynd bought the apartments in June 2019 for $35.15 million from Invest in America’s...
“Lynd Living is coming to Miami Worldcenter, one of the largest private development projects in the country. The San Antonio-based developer paid $30 million for a half-acre site on North Miami Avenue, between Northwest Ninth and Northwest 10th streets, according to...
“When they get there [to the suburbs], there’s not a lot of new housing stock to handle them,” said Adam David Lynd, president and CEO of The Lynd Group, a Shavano Park, Texas-based apartment developer, owner and manager. “They’re used to a city where they have...
“Lynd is very proud of our execution on this transaction with our institutional partner,” said A. David Lynd, Lynd Group CEO. “We were able to buy this asset, establish excellent upside potential in our value-add program and consummate a successful sale. This yielded...
San Antonio-based development and investment firm Lynd Group has sold Villas at Valley Ranch, a 312-unit apartment community located in the northeastern Houston suburb of Porter, for $53.9 million. Continue Reading (PDF) >>>
“You’re going into these things at 3% cap rates, and then you’re betting on inflation and rent growth to carry the day. And that’s all great, except that a lot of people don’t realize that inflation is not just things costing more....
