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“As the housing market started to rebound in 2020, Lynd invested in two different priced renovation packages to see how the market would respond. “What we found is that the market responded very favorably by renting these homes at record rates,” said Constantine...

“Lynd’s history with the property goes back to 2017 when it managed the property for a nonprofit owner. After renovating a few units to test the market, Lynd recognized an opportunity to improve what it considered a well-located asset in a rapidly strengthening...

““What we found is that the market responded very favorably by renting these homes at record rates,” said Constantine Scurtis, Chief Investment Officer of Lynd Acquisitions Group. “Our ability to adapt at a time of uncertainty while managing risk along the way paid...

“When we acquired the asset, we saw an opportunity to execute our value-add construction program and increase rents significantly,” said A. David Lynd, CEO of The Lynd Group, a national real estate firm that owns, develops and operates multifamily assets throughout...

“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) >>>