The Weather Service said, Widespread showers and thunderstorms are expected to develop through the late afternoon hours and persist through the evening hours this evening. These storms are expected to be slow moving and will produce heavy rainfall over some areas.
Flood Watch
National Weather Service Cheyenne WY
228 PM MDT Fri Jul 30 2021
WYZ108-118-119-310600-
/O.EXA.KCYS.FF.A.0001.000000T0000Z-210731T0600Z/
/00000.0.ER.000000T0000Z.000000T0000Z.000000T0000Z.OO/
Goshen County-Central Laramie County-East Laramie County-
Including the cities of Pine Bluffs, Cheyenne, and Torrington
228 PM MDT Fri Jul 30 2021
.FLASH FLOOD WATCH IN EFFECT UNTIL MIDNIGHT MDT TONIGHT.
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.