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$106M Deal for Towers



    $106M Deal for Towers
    Natalie Kostelni
    Alan Lindy poses in front of his company's newest purchase.

    Lindy Communities has acquired Towers at Wyncote for more than $106 million.

    This marks the largest transaction for the Philadelphia apartment landlord and grows its portfolio by 20 percent. The company now owns 34 communities, mostly in the Philadelphia area, with a total of 6,200 units.

    “This is a very big deal for us,” said Alan Lindy, who is the grandson to the company’s founder. Read more about this story on PBJ.com.

    For more breaking business news go to PBJ.com