David Lynd Of The Lynd Group Secures $132.5 Million Refinance Loan For Multifamily Asset

The asset involved in this transaction is a multifamily property with 401 units located at 11200 Nicole Drive in Royal Palm Beach. The property is part of the resort-style community known as Villas at Tuttle Royale, which is situated within a larger 200-acre mixed-use development. The transaction involved refinancing of construction debt totaling $132,500,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $132,500,000
• Loan Type: Refinance
• Lender: Scott Waynebern - MF1 Capital
• Landlord: David Lynd - The Lynd Group
• Units: 401
• Address: 11200 Nicole Drive
• Market: Royal Palm Beach

Key individuals in this transaction include Scott Waynebern, who represents MF1 Capital as the lender, and David Lynd, who represents The Lynd Group as the landlord. This loan allows The Lynd Group to retire its construction debt on the property, which was completed in Q1 2025.