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Lynd Sells Colorado Springs Apartment Community for $67.5 Million

Just two years after acquiring a 288-unit, garden-style apartment community in Colorado Springs, Colorado, Lynd Acquisitions Group (LAG) has sold the property for $67.5 million, surpassing investment goals three years sooner than anticipated. Lynd bought the Village at Lionstone in December 2020, at the height of the pandemic, for $46.750 million, and sunk another $4 million in renovations and upgrades.12-22-22 Colo Springs Disposition-FInal Continue Reading (PDF) >>>

Lynd Group Acquires 344-Unit Parc 410 Apartments in San Antonio, Plans $6M Overhaul

SAN ANTONIO — Locally based investment firm The Lynd Group has acquired Parc 410, a 344-unit apartment community in San Antonio’s Leon Valley submarket. Built in 1985, the garden-style property offers one- and two-bedroom units with an average size of 716 square feet. Amenities include two pools, a clubhouse, fitness center, outdoor grilling and picnic areas, a dog park and a basketball court. As part of a $6 million capital improvement program, Lynd will install package lockers and a children’s playground, as well as upgrade unit interiors and other common areas.10-28-2022 Texas Real Estate Business Continue Reading (PDF) >>>

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