Investment

DEVELOPMENT

ASSET MANAGEMENT

Acquistions

Real Estate Services

Multifamily Property Development

Value to the Development Process LYND focuses on acquiring strategic development sites to design and construct luxury, investment-grade residential properties located in primary and secondary, high-growth metropolitan areas throughout the United States. LYND’s developments present investments with opportunity for capital appreciation through the development process. Our company strongly believes that our initiatives provide an opportunity to take a diversified approach to investing in the development of residential assets.

Development Projects

Bowie

Experience Bowie >>

ENV ChicAGO

Discover EnV Chicago >>

nine at mary brickell

Explore Nine at Mary Brickell >>

presidio at the landmark

Experience Presidio at the Landmark >>

The Ranch at Arrington

Explore Ranch at Arrington >>

LYND has extensive experience in all phases of residential development and ownership. Over the last ten years, LYND has acquired, divested, managed, developed, underwritten, or brokered directly or indirectly over $1.5 billion in residential properties. Over the last seven years, LYND has developed approximately $500M in new developments in San Antonio, Chicago, Denver, Miami, and Austin. Our company strongly believes that our initiatives provide an opportunity to take a diversified approach to investing in the development of residential assets.

Development Team

Scott Brymer

Executive Vice President – Development

Scott Brymer has been a real estate developer and entrepreneur for over 25 years. Mr. Brymer served as Executive Vice President & Chief Operating Officer of Koontz/McCombs, of San Antonio, Texas. In that capacity he oversaw all operations including human resources, construction, finance, and legal functions across the firm. During his time with the company he was responsible for the acquisition, development, and disposition of over 2,000,000 square feet of office, retail, and multifamily assets.

​​Jarrad Thierath

Vice President – Development

Jarrad Thierath is Vice President of Development. He has assisted with the development of over 2,000 units and $700MM since joining Lynd in 2006, including EnV Chicago, which was awarded High-rise of the Year. Jarrad is responsible for working closely with all project consultants and contractors throughout the entire development process, from conceptual design through turnover to management, to ensure Lynd’s vision and standards are meticulously upheld. He earned a BA from The University of Texas at Austin and is an active member of the Urban Land Institute.

Multifamily Development Services

Development Strategies

By utilizing both traditional and unconventional development practices, LYND is able to develop in core markets that are attractive to institutional buyers and have strategic locations where value can be enhanced by applying LYND’s value-added management and acquisitions services.

Exit Strategy

LYND is primarily a merchant developer and seeks to exit its development projects opportunistically based on market conditions and focused interest from institutional buyers. In certain cases, LYND will exit appropriate developments via a sale to a LYND-sourced equity partner; such “turn-key” developments receive more advantageous construction financing based on a guaranteed purchase.

Financial Strategy

Through its vertical infrastructure, LYND can leverage established working relationships with institutional-level equity investors and debt capital providers. In all development scenarios, LYND will seek out development funding based on the most efficient cost of capital available.

Sourcing Approach

While LYND leverages traditional channels, such as the brokerage community, the development team also uses unique strategies to court potential sellers of real estate, including unsolicited offers and developed relationships with probate and foreclosure entities.

Due Dilligence

Successful and lucrative implementation of a development model requires a thorough investigation of the following:

Analysis of the current and future supply and demand dynamics in the specific submarket.
Extensive review of the proposed capital structure.
Thorough review of value engineering opportunities and the verification of proposed operating & construction costs.
Verification of proposed market assumptions in terms of revenue and expense growth, as well as tenant affordability factors.

Joint-Venture Partnerships & Development
  • Site Search and Selection
  • Budgeting
  • Financing
  • Team Selection and Management
  • Design Coordination
  • Construction Management
  • Professional and Timely Lease-Up
  • Investment Sale
Entitlement
  • Navigating the Entitlement Process (Rezoning / Zoning Modification)
  • Permitting
  • Neighborhood Outreach and Community Interaction
  • Environmental Review
  • Survey
  • Title Commitment
Financing Structures
  • Banking and Lending Agreements and Relationships
  • Representation and Negotiation with Public Entities
  • Coordination and Negotiation with Private Investment Groups

We’ve been partnered with the Lynd Companies since 2010. We’ve had many successful ventures together and much of our success as a partnership can be attributed to their hard work ethic, attention to details, and determination to succeed. The Lynd Company is an incredible platform company, but more importantly, what stands out the most and what we appreciate the most, is the friendships that we’ve created. We believe that good real estate investments are always made alongside good people and Lynd Company are good people.

Gus Alfonso
Managing Partner

Florida Value Partners