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Lynd Acquisition Group Completes $76.25 Million | MultifamilyBiz.com

SAN ANTONIO, TX - Lynd Acquisition Group (LAG) acquired a 327-unit garden-style apartment community in San Antonio for $76.25 million. The property was developed in 2021 by its affiliate Lynd Development Group. Both entities are part of San Antonio-based LYND Group.
“At LYND, we feel that Culebra Commons is the nicest garden deal we have ever developed,” said CEO A.David Lynd. “Selling it to someone else just did not feel right. Hats off to my scrappy acquisitions team. ....

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The Lynd Group and Its Joint Venture Partner Topaz Capital Completes $66 Million Sale of 444-Unit Jacksonville Apartment Community

JACKSONVILLE, FL - Lynd Acquisitions Group (LAG), a division of The Lynd Group, and its JV partner Topaz Capital, sold a 444-unit value-add multifamily asset in Jacksonville for $66 million just three years after acquiring it for $35.15 million.
The partnership invested approximately $5 million updating both living spaces and common areas. They renovated approximately 75% of the units, increasing average rents from $783 per month to $1,078 per month at the time of closing.
“When we. ....

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The Lynd Group Marks Second Successful Portfolio Sale in Under a Year of Ownership With $53.9 Million Sale in Houston

SAN ANTONIO, TX - The Lynd Group announces that it has sold a 312-unit apartment community near Houston for $53.9 million- the second disposition of a value-add portfolio asset in that market over the past 30 days. The Villas at Valley Ranch closed on April 8, less than nine months after the San Antonio-based real estate company acquired it for $39 million. Lynd invested hundreds of thousands of dollars in renovations and upgrades.
The buyer is Houston-based Keener Investments, a fully. ....

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