Recently Closed Deals
Below are some of our recently closed deals.
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.
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