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Construction Services

Construction Services

LYND Offers innovative construction solutions requiring more than blueprints and building materials. Supported by over 65 combined years of experience in multi-family housing rehabilitation, LYND understands the industry and tenant considerations in apartment selection and can advise property owners how best to improve marketability through rehabilitation. The valuable relationships LYND has formed with subcontractors over the years provide budget and timeline negotiating power that gets passed on to property owners. LYND’s valuable subcontractor base located in San Antonio is often used all of the country providing the benefits of scale, cost control, and knowledge of workmanship. Strategic property updates can significantly increase property value through impacting a variety of operating metrics. Without the right kind of information, deciding where Capital dollars are best used is not easy. LYND’s Construction Services department evaluates an asset from a deferred maintenance and capital enhancement perspective.

Construction Services personnel must understand:
  • The Property's Market and Sub-market
  • The Residents
  • The Challenges
  • The Property's economics, key marketing attributes, and potential for improvement
How can Construction Services Add Value?
  • Provide Complete Property Assessments
  • Provide Clients with access to Nationwide database of sub-contractors and vendors
  • Execute the Full Lifecycle of Rehab Project Management
  • Provide Seamless Integration between Construction and Operations
  • Provide Management over Insurance Claims

Property Assessments

Our experienced project managers conduct an on-site evaluation of your properties, assessing improvements that could increase value and marketability. These assessments include a thorough walk-through of the properties to determine any deferred maintenance issues as well as opportunities to improve the property value. The assessment is extremely helpful whether you are interested in increasing the value of your property or assessing the necessary repair budget for the purpose of an acquisition.

We assess properties through a comprehensive 3-tier system:
Inaugural Assessment

LYND first does an immediate assessment by looking at the condition of the property and establishing if the property has any of the following:

  • Foundation issues
  • Roof leaks
  • Down units
  • Wood rot
  • Life/safety issues
  • Drainage issues
  • City/code violation
  • Electric/plumbing repairs
  • Utility evaluation- water/sewer, electricity, and gas
Enhancement Estimates

LYND then evaluates each property through a number of possible capital enhancements including:

  • Exterior paint
  • Parking lots repairs/seal coat/re-stripe
  • Access gates/perimeter fence
  • Landscape/irrigation
  • Pool repairs
  • Tree trim
Value Reccomendations

The last tier of the Assessment is a list of recommendations for the property based on LYND's expertise and knowledge. These recommendations may include:

  • Property signage
  • Amenity upgrades
  • Clubhouse upgrades
  • Unit upgrade (if marketable)
  • Courtyard enhancements

Complete Project Management

Managing the various subcontractors for a rehabilitation project can be daunting and time consuming. LYND Construction Services directs the project from beginning to end, handling all communication to meet deadlines and budgets. We leverage our relationships with subcontractors to negotiate the bids for every part of the project. We then compile and submit draws to keep you constantly aware of your costs. Each project is assigned a dedicated Project Manager who functions as your advocate, overseeing the work to ensure it is done accurately, efficiently and according to your budget. Our project management capabilities include the following:

  • Scope development and budgeting
  • Contract bid
  • Bid analysis and recommendation
  • Contract award
  • Project scheduling
  • Project oversight and inspection
  • Finish out review and acceptance
  • Project closeout
Recent Performance
Project Details
  • Executed 52 Rehab Projects across 14 States
  • Average Property Size: 167 Units
Project Size
  • Average Rehab Scope: $796K
  • Sum Total of Rehab Scopes Executed/Active: $39.7M
Insurance Claims
  • Coordinated/Executed $13.8M in insurance claims
  • Currently working on another 4 claims with respective Adjusters
  • Primarily wind/hail and fire claims

Testimonial

I have utilized Lynd Management services, exclusively, for over 12 years. Their prowess in new property lease-up is un-equaled. Their ongoing property management skills create cost efficiencies that are unachievable by others.

Ron Inscore, President of T.R. Inscore, LLC - A Development Company Cypress, Texas