News

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) >>

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...

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) >>

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...

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...

LYND has created a program called "Lynding a Hand" whereby it will donate five dollars from every rent payment it receives to local hospitals in each of the metropolitan areas in which it operates. With 20,000 units under management in 17 cities, the company estimates...

Lynd has expanded its management presence in Houston and Jacksonville, Fla., by adding 1,188 units to its portfolio. The management company was tapped by Sy Li, who owns the three Houston properties, and Creative Realty Partners, who owns the Jacksonville asset....

Lynd Acquisitions Group (LAG), a Texas-based real estate investment vehicle, has acquired an iconic apartment community in Virginia Beach, Virginia for $43 million with plans to spend millions more on value-add improvements. The 16-story, 266-unit Mayflower Apartments...

A joint venture acquired 1,031 apartments in the Panhandle region of Florida from a bank for $35.68 million, or about $34,600 per unit. The joint venture bought the apartments in Escambia, Okaloosa and Santa Rosa counties from Bank of Oklahoma. Continue Reading (PDF)...