News
Lument Provides $70.1 Million in Bridge Financing for Two Texas Multifamily Acquisitions
Lument has announced the closing of two proprietary bridge loans totaling $70.1 million to facilitate acquisitions for Lynd Management Group, a multifamily developer and manager and frequent client of Lument. Continue Reading (PDF) >>>
LYND LIVING Brightens Virginia Beach with Mayflower Apartments Murals by Popular Artists Kelly Towles and Red Swan
LYND LIVING, a national apartment investor, developer and operator, is enlivening the city’s waterfront area with new murals along three sides of Mayflower Apartments. The iconic high-rise is just one block from the Atlantic Ocean in Virginia Beach, Virginia....
LYND LIVING Begins Construction on 224-Unit Residential Community in Suburban Chicago
LYND LIVING, along with its partner, West Point Builders, have started construction on a 224-unit rental community in Willow Springs, Illinois, a suburb on the southwest side of Chicago. Continue Reading (PDF) >>>
Apartment Investor Continues Texas Buying Spree
San Antonio-based apartment investor Lynd Acquisition Group is expanding its apartment portfolio across Texas in a string of recent deals in Houston and Austin. Continue Reading (PDF) >>>
Suburban Houston Multifamily Buys Are Deal-Saving Case Study
“After we went to contract, the properties started tanking, but we did not cut bait and run. Instead, we persuaded the owner to hire us to manage the assets and try to right the ship. Our Houston team sprang into action and just five months later, turned them around...
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) >>
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