News
LYND Acquires Two Apartment Communities in Metro Houston for $84M
The two properties — the 372-unit Paramount at Kingwood and the 312-unit Villas of Valley Ranch — are located in Houston’s northeastern suburbs of Kingwood and Porter, respectively. Continue Reading (PDF) >>>
10 Lessons Learned During the Pandemic
The apartment industry has traditionally been viewed as slow to change, says Al Lord, Founder and CEO of Summit...“During this pandemic, we saw collaboration among competitors and an industry come together to address the needs of not only our owners and investors but...
Lynd Pays $84M for 2 Suburban Houston Apartment Properties
“This is basically a case study in what can be done to save a deal when big, unforeseen problems arise,” said A. David Lynd, LYND CEO. “After we went to contract, the properties started tanking, but we did not cut bait and run. Instead, we persuaded the owner to hire...
LYND Makes Big Moves to Expand its Development and Construction Capabilities Nationwide With Addition of Team Members
LYND, a Texas-based multifamily real estate company has taken two big steps to expand its development and construction capabilities nationwide. Continue Reading (PDF) >>
Roundtable: Multifamily Investors Discuss What’s Ahead for 2021
While multifamily deal activity hit a pause at the start of the pandemic, transaction volume started to pick back up by the third quarter of 2020 and is expected to see a boost in 2021. Continue Reading (PDF) >>
Texas Apartment Communities Help Renters Through Crisis
The severe weather crisis in Texas over the past week has set in motion a cascading series of events at apartment communities statewide. Power outages have led to loss of heat, burst pipes, flooded apartments and shortages of safe water and food, as well as fire...
LYND and NYCE Partner on $478M in Crowdfunded Multifamily Deals
Texas-based LYND has teamed up with startup NYCE Companies on $477.6 million in multifamily deals, in a bid to open real estate investment to a new class of investors. Continue Reading (PDF) >>
LYND CEO David Lynd Joins Providence Place Board of Directors
A. David Lynd, CEO of San Antonio-based LYND, a national apartment management company, has joined the board of directors for Providence Place, a San Antonio nonprofit that facilitates adoptions and foster care placements, and supports vulnerable women who’ve been the...
Lynd Acquisitions Group Buys 1,059-Unit Texas Portfolio
A portfolio featuring two multifamily communities in suburban Austin and one in Houston has changed hands for more than $150 million. Lynd Acquisitions Group (LAG) acquired the 1,059-unit portfolio, comprised exclusively of garden-style communities. Continue Reading...
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