Michael J. Lynd, Jr. And Sam Kasparek Of Kairoi Residential Acquire 336-Unit Multifamily Property In San Antonio

A 336-unit multifamily property located at 423 Blue Star in San Antonio was acquired. The asset, known as The Flats at Big Tex, is part of the local recovery in the multifamily sector.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Units: 336
• Address: 423 Blue Star
• Market: San Antonio
• Buyer: Michael J. Lynd, Jr. & Sam Kasparek - Kairoi Residential
• Broker: Newmark
• Mortgage Broker: Braden Harmon - Newmark

Kairoi Residential's acquisition aligns with their strategy to invest in quality assets within growth markets. Newmark not only brokered the sale but also secured financing for the transaction.