AUSTIN, TX-San Antonio-based LYND, in partnership with MiamiLakes-based Florida Value Partners, has bought an 11-propertymultifamily portfolio in a court-appointed receivership sale. Theoriginal loan balance on the portfolio was $200 million.

Terms of the deal were not disclosed. The properties,constructed between 1972 and 2000, total 3,241 apartment units.Club Creek, Wildwood and Village at Riverside are located inAustin. Other properties are located in Castle Rock and Aurora inColorado, Sacramento, Orlando, Norcross in Georgia, NorthCharleston and Virginia Beach. For the full story, go toCommercial Property Executive .

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