ROUND ROCK – San Antonio-based Lynd Acquisitions Group has purchased two local garden-style apartment communities.
The Enclave Frontera at 2800 La Frontera Rd. offers 411 one- to three-bedroom units. Rents range from $785 to $1,279 per month.
The 366-unit Lakeside at La Frontera at 941 Hesters Crossing Rd. offers one- to three-bedroom floor plans. Rents range from $885 to $1,515 per month.
Lynd will complete $15 million in renovations and upgrades to the assets.
TPG Real Estate Finance provided a $105 million acquisition loan.
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