Friday, September 12, 2008

The Lynd Company Expands Operations to South Florida

MIAMI, FL – The Lynd Company, a 25-year-old property management firm headquartered in San Antonio, Texas, has expanded its operations into South Florida and has hired seasoned real estate executive Andrew Ginsburg (top right photo) to head up its new regional office.

Ginsburg will serve as Regional Vice President and report directly to the company’s Chief Operating Officer David Lynd. (top left photo)

The Lynd Company specializes in the management of medium and large size apartment complexes. It currently has 35,000 units under management in 41 markets across13 states, primarily in Texas and the Southeast.
The company is also ranked as the 35th largest national operators on the Multi Housing Council’s list of “Top 50 Apartment Managers” in the United States for 2008.

The Lynd Company is targeting apartment complexes in Miami-Dade, Broward and Palm Beach counties with a minimum of 150 units. According to David Lynd, the company decided to expand into South Florida because it has identified a tremendous opportunity to leverage its technological and customer-centric competitive advantages.

(Biscayne Bay Bridge, linking Miami to Miami Beach, middle right photo)

“One of the biggest complaints with multi-family managers, especially in South Florida, is the lack of customer service and communication with tenants,” Lynd said.

“This is where we shine and what sets us apart. We believe we can bring in our brand of management and set a new standard for the region.”

Ginsburg plans to grow the new office by targeting both top-tier class “A” and “B” assets, as well as underperforming assets, where Lynd can add maximum value.

“We feel that there is a substantial opportunity to grow this market by tapping into the dissatisfaction of tenants and owners that are not happy with the way their apartments are currently being managed,” Ginsburg said.
“With our support systems and operational protocols already in place, we are able to implement effective changes to immediately reduce costs and turnover, and improve revenues and profits from operations."

MEDIA CONTACTS:

Todd Templin or Marielle Sologuren, Boardroom Communications, 954-370-8999
ttemplin@boardroompr.com or msologuren@boardroompr.com

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