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LYND Living AND T R Inscore Joint Venture on Build-To-Rent Single-Family Housing Communities With First Project in Northwest Houston

HOUSTON, TX - LYND LIVING and T.R. Inscore, LLC, both accomplished developers and operators of multifamily properties nationwide, have formed a joint venture to develop single-family build-to-rent communities in Sun Belt states and suburban Chicago. Their first project is planned for Waller, Texas located just northwest of Houston. The partners analyzed the single-family build-to-rent space over the past two years, and in doing so, learned why it had become so popular. “Essentially,.

Lynd Living, T R Inscore Enter Single-Family Build-to-Rent Space

Lynd Living, T R Inscore Enter Single-Family Build-to-Rent Space
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Greystone Provides $41 2 Million in Bridge Financing for Acquisition of 250-Unit Legends at Lake Creek Apartment Community in Austin

NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided a $41.2 million bridge loan for the acquisition of a multifamily property in Austin, TX. The transaction was originated by Steven Vainer, Director at Greystone on behalf of Lynd Living. The property is secured by a Greystone bridge loan that includes a 36-month term with two 1-year extension options, with the intention for permanent take-out financing with Greystone. Constructed in 2001, Legends.

LYND Acquires Two Apartment Communities Totaling 934-Units for $84 Million Located in Northeast Suburb of Houston, Texas

LYND Acquires Two Apartment Communities Totaling 934-Units for $84 Million Located in Northeast Suburb of Houston, Texas
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Colorado Asset Changes Ownership in $47M Deal

Colorado Asset Changes Ownership in $47M Deal Lynd Acquisitions Group purchased a 288-unit community in Colorado Springs, which has seen increased in-migration during the pandemic. Dec232020 Image courtesy of Lynd Acquisitions Group Lynd Acquisitions Group has expanded its multifamily portfolio with the Village at Lionstone Apartments, a garden-style apartment community directly east of downtown Colorado Springs, Colo. The cost of the acquisition was $46.7 million. According to Yardi Matrix data, the previous owner was American Capital Realty Group, which bought the asset in 2017 for $40.5 million from AllPro Capital. Lynd anticipates undertaking a value-add plan that will bring upgrades to the property’s living spaces and common areas.

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