Lynd Acquisitions Group (“LAG”), a San Antonio-based real estate investment firm, has acquired a portfolio of three garden-style apartment communities in Texas and paid in excess of $150 million.  One property is in Houston and two are in the Austin metro area with a total of 1,059 units. LAG, which is an affiliated acquisition company of LYND, a national multifamily management firm, has plans to sink $20 million into renovations.     

SAN FRANCISCO – JLL Capital Markets announced today that it has closed the $248 million sale of Park Hacienda, a 540-unit, garden-style apartment community within the Hacienda Business Park in Pleasanton, California.

Lawrenceville, Ga. – 29th Street Capital (29SC), a privately-held real estate operator, has acquired Knollwood Park Apartment Homes, a 1998 vintage, 142-unit multifamily community located in Lawrenceville, Georgia. 29SC plans to complete full interior renovations, upgrade the amenity spaces and modernize the exterior of the property. 

OKLAHOMA CITY (March 3, 2020) – Berkadia announces it has arranged a $33.78 million loan for the acquisition of Sycamore Farms Apartments, a 398-unit apartment community located in Oklahoma City, Oklahoma.

Senior Managing Director Mitch Sinberg, Associate Director Matthew Robbins and Senior Analyst Abigail Beauchamp of Berkadia’s Boca Raton office arranged the financing on behalf of the sponsor, a partnership between GMF Capital and Vesta Capital, a privately held real estate investment firm focused on the acquisition and management of multifamily properties in Oklahoma and Arkansas.