News
Lynd Plans to Redevelop Dadeland Site Into Self-Storage Facility
Lynd Development Group secured a ground lease for a $30 million self-storage project near the Dadeland Mall, the San Antonio-based company announced. The development will feature 127,923 square feet for self-storage, and also include 6,025 square feet of ground-floor...
Lynd Development Announces New Build-to-Rent Community Near Austin, Texas
Lynd Development Group, LLC, a division of The Lynd Group, announces its newest build-to-rent (BTR) community in Texas, a 174-unit attached singlefamily home project in Greater Austin. San Antonio-based Lynd, along with its partner, TR Inscore, LLC, are developing...
Lynd to Develop Announces New BTR Community in Greater Austin
Lynd Development Group, a division of The Lynd Group, announced a new 174 single-family home build-to-rent (BTR) community in Greater Austin. Lynd, along with its partner, TR Inscore, are developing Lynd Living at Lockhart on a 30.5-acre parcel in Lockhart, Texas....
Lynd-Topaz JV Sells Jacksonville Apartment for $66 Million
Lynd Acquisitions Group (LAG), a division of the Lynd Group, and its JV partner Topaz Capital, sold a 444-unit value-add multifamily asset in Jacksonville for $66 million just three years after acquiring it for $35.15 million.The partnership invested approximately $5...
Lynd-Topaz joint venture sells Jacksonville apartment community for $66 million
Lynd Acquisitions Group (LAG), a division of the Lynd Group, and its JV partner Topaz Capital, sold a 444-unit value-add multifamily asset in Jacksonville for $66 million just three years after acquiring it for $35.15 million.The partnership invested approximately $5...
Lynd-Topaz Joint Venture Sells Jacksonville Apartment Community for $66 Million
“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-Topaz JV Sells Jacksonville Apartment for $66M
“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...
Lynd-Topaz Joint Venture Sells Jacksonville Apartment Community For $66M
““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...
Lynd-Topaz Joint Venture Sells Jacksonville Apartment Community for $66 Million
“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...
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