News:
Brokerage
Posted: June 1, 2021
Hopkins of Lynx Mortgage Bank places $600,000 financing; Beacon Bank is the lender
Charleston, SC Lynx Mortgage Bank LLC, Commercial Division has placed conventional financing for their client, Tang Enterprise of the Carolinas, LLC. Tang Enterprise of the Carolinas was seeking financing to purchase the multifamily property located at 1 Riverside Dr. for a purchase price of $875,000.
Lynx Mortgage Bank LLC, Commercial Division was able to place $600,000 at 70% LTV at a competitive rate within a tight timeframe. Daniel Hopkins, senior analyst at Lynx Mortgage Bank LLC, Commercial Division negotiated the terms on behalf of their client. The lender on the transaction was Beacon Bank, a community bank in the area.
Tags:
Brokerage
MORE FROM Brokerage
Marcus & Millichap releases fourth-quarter 2026 NYC industrial market report
Manhattan, NY Marcus & Millichap has published its fourth-quarter 2026 New York City Industrial Market Report. “New York City’s industrial market is showing a clear
Columns and Thought Leadership
The art of investing in real estate - by Thomas Donovan
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
.gif)