Lynd has completed the acquisition of an $80 million portfolio of distressed student housing in Tallahassee, Florida. The San Antonio-based family-owned real estate investment company bought the portfolio from LNR Property. The portfolio includes seven distressed notes and two bank owned properties, which were listed and marketed by the New York office of Holliday Fenoglio Fowler, while Joe Morningstar was the listing broker of the properties.
Click here for the release from Globe Newswire.