News
LYND Poised for Explosive Growth After Strong Finish in 2018 Under First Year of New Leadership
With the appointment of A. David Lynd as CEO, the 40-year old company achieved several important accomplishments particularly in its development and investment business. LYND also hit a milestone in August when it began construction on a new 35,000 square-foot...
LYND Adds Nearly 1,200 Apartment Units to its Management Portfolio
LYND, a leading national apartment management company, has added 1,188 units to its growing portfolio amid the global coronavirus pandemic. The San Antonio, Texas-based company was retained by two separate ownership groups to operate three communities in the Houston,...
Exclusive: Lynd Co. CEO on how pandemic pivoted Pearl-area project from retail to mixed-income housing
Lynd Co. CEO David Lynd spoke with the Business Journal about the change in the $58M Pearl-area project's direction and bringing mixed-income units to the high-rent area. Continue Reading (PDF) >>
As $600 unemployment bonus expires, SA apartment analysts uncertain of its impact on market
While the San Antonio apartment market's numbers have remained steady, industry experts remain skeptical about how the effects of spikes in the coronavirus, layoffs, and the expiration of enhanced unemployment benefits could impact renters. Continue Reading (PDF)...
LYND Uses the Pandemic as an Opportunity to Innovate
A. David Lynd, CEO of the LYND Company, is a great believer in consistency and process. “We have established time-tested procedures and guidelines governing every aspect of our operations that we apply uniformly across our communities,” he says. “Our confidence in...
LYND Buys M-F Portfolio with $200M Unpaid Principal Balance
LYND, of San Antonio, Texas, in partnership with Florida Value Partners, of Miami Lakes, Fla., has acquired a portfolio of 11 multi-family properties in a court-appointed receivership sale brokered by CBRE, LYND announced Monday. Continue Reading (PDF) >>
What’s Up Next For San Antonio?
A high quality of life and affordable cost of living have brought thousands of new jobs and residents to San Antonio in recent years. The market’s fundamentals are strong, but the question of how much disruption COVID-19 will cause remains uncertain. Continue Reading...
Multifamily Owners and Operators Navigate the Reopening of States
As states begin reopening in phases after stay-at-home orders blanketed the nation due to the COVID-19 pandemic, apartment owners and operators are heeding guidance, prioritizing communication, and making decisions based on the market. Continue Reading (PDF) >>
Multifamily Firms Give Back During the COVID-19 Pandemic
Multifamily stakeholders have been stepping up for their renters and essential workers throughout the COVID-19 pandemic. From boosting morale to providing temporary homes for those risking the most during the pandemic, here’s a roundup of some of the efforts taking...
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