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Lynd Group Buys San Antonio Apartment Complex Two Days After Selling Houston-Area Development

Investment Firm Pays $49 Million For 244-Unit Esperanza Apartments, Sells 372-Unit Paramount at Kingwood for $61.4 Million Nine Months After Buying It
The San Antonio-based firm purchased the 244-unit Esperazna Apartments on March 9 for $49 million, or about $201,000 per unit. (CoStar)
The San Antonio-based firm purchased the 244-unit Esperazna Apartments on March 9 for $49 million, or about $201,000 per unit. (CoStar)
By Nidhi Brahmbhatt
CoStar Research
March 29, 2022 | 5:12 P.M.

The Lynd Group bought its first San Antonio multifamily complex in several years and sold a Houston-area apartment development it purchased nine months ago in a value-add play, all within a two-day period.

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