Recently Closed Deals

Below are some of our recently closed deals.

Lynx Mortgage Bank, LLC’s Commercial Division has successfully arranged a $1.3MM acquisition loan in Orlando, FL. Lynx’s Loan Officer, Joey Rainero, originated, negotiated & executed the terms on behalf of the sponsor with a commercial bank. Lynx Commercial Division continues to originate in the Southeast region with a focus on the Florida market.
$750,000 Refinance Loan in Queens, New York

Lynx Mortgage Bank, LLC’s Commercial Division has successfully arranged a $750,000 refinance loan in Queens, NY. Lynx’s Senior Vice President, Shabana Rizvi, originated the purchase in 2013 and the recent refinance.

Lynx Mortgage Bank secures $12.5 million financing for 80-key Holiday Inn Express in New Rochelle.
Lynx Mortgage Bank, LLC – Commercial Division has secured $12.5 million conventional ground up financing for 34,000 s/f, 80-key Holiday Inn Express. Daniel Hopkins of Lynx acted as lead underwriter and deal team analyst, working directly with the borrower from term sheet to close.
Brooklyn, NY 16 Unit – Multifamily Wiliamsburg, Brooklyn.

Lynx Mortgage Commercial Division arranged permanent bank financing for 16-unit Multi-Family asset in Williamsburg, Brooklyn.

The sponsorship has significant track record in the Borough of Brooklyn and Lynx saw a compelling opportunity with a stabilized asset to refinance. Lynx utilized its significant lender relationships to achieve the best terms in the market.

Originated by: Shabana Rizvi

Manhattan, NY Office Co-Op 137 5th Avenue

Lynx Mortgage Bank LLC Commercial Division arranged $1.6 million in financing for an office co-op at 137 5th Ave 8th floor, on behalf of Axis Mechanical, Steve Marino. The loan, funded by Flushing Bank, was negotiated by Lynx Commercial Loan Officer Craig O’Callaghan.

Lynx Mortgage Commercial Division arranged a $600,000 loan in Oyster Bay NY
Purchase price $1,200,000. Long Island Industrial market has seen a lot of action, Lynx was able to secure conventional financing during the COVID Crisis due to extended banking network.
Charleston, SC Multi-Family 1 Riverside Drive

Lynx Mortgage Bank LLC, Commercial Division has successfully placed conventional financing for their client in the Charleston market of South Carolina. Their Client was seeking financing to purchase the multifamily property located at 1 Riverside Drive, Charleston, SC 29403 for a purchase price of $875,000. Lynx Mortgage Bank LLC, Commercial Division was successfully able to place $600,000 at ~70% LTV at a competitive rate within a tight timeframe.

 

Lynx Mortgage Bank LLC | Commercial Division

877-599-LYNX • 143 Post Avenue • Westbury, NY 11590 • T: 516-334-0200 • F: 516-334-0225
Licensed Mortgage Banker: NYS Department of Financial Services NMLS # 5838

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