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Buy, Improve, Repeat: Value-Add Activity Reaches a Fever Pitch
Late last year, San Antonio-based Lynd Living flipped an apartment building in just eight months for $15.5 million more than it paid. After spending $4 million on renovations and upgrades at Aqua Villa, a 280-unit garden-style community in Margate, Florida, that it...
Texas developer plans big rental home project in Oswego
“It gives people that stepping stone from an apartment to a home without buying one,” said Adam David Lynd, president and CEO of Lynd Living Lynd Rental Home Project in Oswego Continue Reading (PDF) >>>
Spotlight On A. David Lynd, President & CEO, Lynd Living
David Lynd, CEO of LYND, said in a statement. “If it was not evident before, and people did not really take it seriously, there were people shouting from the rooftops that the United States has a housing affordability crisis." Continue Reading (PDF) >>>
Madison Realty Capital Originates $53M Loan for Texas Multifamily Property – Commercial Observer
David Lynd, CEO of LYND, said in a statement. “We needed a lender that could move quickly and adjust to a fast-paced development environment. Madison stepped up and worked with us to get this deal done and we are extremely pleased with Continue Reading (PDF)...
How higher rents, rising values will drive multifamily construction in 2022
David Lynd, CEO of LYND LIVING "Costs are through the roof — everything from flooring to roofing to shingles to glass," Lynd said. "The supply chain shortage is really hurting everybody. Continue Reading (PDF) >>>
Apartment Owner Flips Fort Lauderdale Property for $66.5M
Lynd Living CEO David Lynd said the decision to sell came down to timing the currently hot real estate market “Values in South Florida have really skyrocketed since the pandemic due to intense in-migration from other states,” he...
Lynd Living Sells South Florida Community for $66.5 Million
Lynd Living has flipped a multifamily community in Margate, Florida, just eight months after acquiring it. The San Antonio-based real estate firm has sold Aqua Villa for $66.5 million, $15.5 million than what it paid on March 17, to Atlanta based CARROLL. Continue...
Lynd Living Sells Apartment Community in Margate, Florida for $66.5M
Lynd Living has sold the Lakes at Margate, a 280-unit, garden-style apartment complex in Margate, for $66.5 million. The firm purchased the property just eight months prior for $51 million.Lynd Living Sells Apartment Community in Margate, Florida for $66.5M Continue...
Lynd Living Sells Margate Apartment Community for $66.50M Just Eight Months After Buying It
Just eight months after acquiring a 280-unit garden-style apartment complex northwest of Fort Lauderdale, Lynd Living has sold the asset for $66.50 million. That amounts to $15.50 million more than the $51.00 million price paid on March 17, 2021. Continue Reading...
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