Two well-known multifamily companies are being combined and rebranded under the same name. Lynd Residential Properties and Lynd Development Partners have become Kairoi Residential, a vertically integrated, multifamily investment, development, and residential services company.
Longtime business partners Michael J. Lynd Jr., Sam Kasparek, Daniel Zunker, and Madison Marceau have united their top-tier talent as principals of the new firm and aim to continue building on their strong track record of success in multifamily real estate.
“The Greek word ‘Kairoi’ represents moments in time when opportunities present themselves,” Sam Kasparek, managing partner, in a statement. “Our team chose the name Kairoi [because] it captures, in a single word, our daily mission across all business lines—to identify and capture opportunities. Our actions in these moments can positively change the lives of our residents, our associates, and our partners.”
Kairoi was created out of a desire to reposition the already successful investment and development business lines, internalize residential services, and bring all three businesses together under a new, dynamic brand, the company said.
“We’re excited for this evolution of our brand, which comes at a time of explosive growth in the multifamily business nationwide,” said Lynd, CEO, in the statement. “Over the past 15 years, our team has transacted on $4 billion worth of multifamily investments and developments in many cities and states across the country. Our track record of success is tied to our ability to deliver inspired living experiences driven by a strong commitment to create value for our residents, owners, and investors. Our deep relationships across the industry have provided us with many opportunities for which we are grateful. Our team is motivated by the Kairoi Residential rebrand and committed to continuing our goal of building an exceptional company.”
The partners of Kairoi have been involved in the business of developing and owning multifamily communities since 2002. Headquartered in San Antonio with offices in Denver and Austin, Texas, the company will seek to manage, develop, and invest in rapidly growing metropolitan areas across the United States.
“At Kairoi Residential, our mission is to empower our residents, provide incredible growth opportunities for our associates, and generate greater return for our partners,” said Zunker, president of development, in the statement. “We’re excited for the opportunities ahead.”
