Lynd Group Secures $132.5M Refinancing for Villas at Tuttle Royale Apartments in South Florida

Lynd Lands $133M to Refi New Rental Community in South Florida

The Lynd Group has refinanced a newly completed garden-style multifamily property in Palm Beach County with $132.5 million from MF1 Capital, the developer announced.  The bridge loan will retire a $126 million construction loan for Tthe Villas at Tuttle Royale, which S3 Capital issued in 2023. In the first quarter of this year, the Lynd Group completed the 401-unit property, which cost $170 million to develop and is 35 percent leased, with rents…

Lynd Group Secures $132.5M Refinancing for Villas at Tuttle Royale Apartments in South Florida

ROYAL PALM BEACH, FLA. — The Lynd Group has secured a $132.5 million bridge loan from MF1 Capital to refinance the construction loan for The Villas at Tuttle Royale, a multifamily project in the Royal Palm Beach suburb of West Palm Beach. New York-based S3 Capital originally provided a $126 million construction loan to Lynd Group in March 2023 for the development. Situated at 11200 Nicole Drive, The Villas at Tuttle spans 26 buildings and compri…

Lynd Secures $132.5M in Refinancing for Premier Multifamily Development Villas at Tuttle Royale Near West Palm Beach

The Lynd Group, a national real estate development and property management firm, refinanced one of its premier multifamily developments in South Florida, The Villas at Tuttle Royale. The $132.5 million bridge loan provided by MF1 Capital will retire a construction loan for the property, which was completed in the first quarter of 2025. “I believe […] The post Lynd Secures $132.5M in Refinancing for Premier Multifamily Development Villas at Tuttl…