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.

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

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.

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.