PORTER – San Antonio-based Lynd Co. has purchased Villas at Valley Ranch.
The 312-unit apartment community at 21899 Valley Ranch Crossing Dr. has one- and two-bedroom floor plans.
Amenities include a pool, clubhouse, conference room, theatre room, and a fitness center.
New York-based Lument provided $32.3 million in acquisition financing, which will also fund capital improvements.
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Source: REBusiness Online