Lakeland Bank
Named as the sponsor's construction lender in 5 New York City condominium offering plans, in the plan's text, where the sponsor says it has obtained its construction loan or financing, or, where the plan doesn't name one, as the lender on the mortgage and building loan agreement recorded in ACRIS on the building's lot before the plan was accepted. Each building below links the plan page or the recorded document. Where an amendment names a new lender, that lender is counted.
Lakeland Bank's 5 buildings in these plans are spread across Brooklyn (2), Queens (2), Manhattan (1), 60% new construction, typically 3–30 units, offered at an average $2M per unit. Check size: $5.5M typical (the median of 5 loans whose size the plan states or ACRIS records), from $2.2M to $11.6M.
- Buildings
- 5
- Residential units
- 74
- Typical check
- $5.5M
- Years
- 2014–2023
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Recent Growth
Lakeland Bank's buildings and units by year for the last 6 years, and whether the pace is rising or falling.
0 buildings accepted in 2024–2026 (2026 to date), against 2 in 2021–2023. 0% of all 5 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 1 | 4 |
| 2022 | 1 | 30 |
| 2021 | 0 | — |
Latest: 181 Jackson Street Condominium, accepted Oct 17, 2023.
Strongest Relationships
The firms named most often on the same buildings as Lakeland Bank, at least 2 in common.
Developers
- First Property Investment2 shared buildings · 40% of Lakeland Bank's · 2020–2022
Architects
- Tan Architect2 shared buildings · 40% of Lakeland Bank's · 2020–2022
From the same offering plans as the table below. A firm's own affiliates aren't counted.
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| Condominium | Accepted | Units | Loan |
|---|---|---|---|
| 181 Jackson Street Condominium181 Jackson Street · Brooklyn · new constructionSponsor: 181 Jackson Capital LLC · Named on p. 4 ↗ | 2023 | 4 | $3.2M* |
| 146 Northern Condominium35-20 146th Street · Queens · new constructionSponsor: 146 Northern LLC · Named on p. 9 ↗ | 2022 | 30 | $5.5M* |
| Northern Tower Condominium138-12 Northern Boulevard · Queens · new constructionSponsor: Global City Development LLC · Named on p. 14 ↗ | 2020 | 34 | $10M* |
| 112 Summit Street Condominium112 Summit Street · Brooklyn · rehabSponsor: 112 Summit, LLC · Named on p. 12 ↗ | 2018 | 3 | $2.2M* |
| 55 Leonard Condominium55 Leonard Street · Manhattan · conversionSponsor: 55 Leonard L.L.C. · Recorded in ACRIS ↗ | 2014 | 3 | $11.6M* |
Loan is the construction financing the plan states: its stated total, or the building, project and other loans it lists added up (hover for the parts); a loan only for buying the land isn't counted. Where the plan states no amount, a figure marked * is the mortgage and building loan agreement recorded in ACRIS for the same lender on the building's lot, linked to the document. — means neither has one. The typical check is the median of these loans. A bank that changed its name is counted under its current name. Different spellings of one lender's name are counted together.