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The Real Deal Miami

Miami-based Lynd launches $100 million student housing portfolio

October 20, 2011 10:52AM

Miami-based real estate firm Lynd has created a student housing division
with a $100 million portfolio made up of 18 properties. “This business
has excellent fundamentals behind it because having a college education
is a must to compete in today’s world,” said company president and COO
David Lynd. “We got involved in student housing because we saw
tremendous opportunities coming due to the leverage levels of many
assets.” The national portfolio includes properties in seven states
including Florida. Lynd purchased properties at Florida Agricultural and
Mechanical University, Florida State University and Tallahassee
Community College. — Alexander
Britell