New Construction and Development

Greystone Development, a New York-based real estate development company, today announced that Steuben, one of Greystone’s two Clinton Hill rental buildings collectively dubbed Myrtle & Steuben, is over 50 percent leased. Dave Maundrell of Citi Habitats is exclusively handling the leasing for these properties.

LMC, a leader in apartment development and management, today announced the opening of The Briscoe, a modern upscale apartment community located in the Park Central District in Dallas.  

LMC, a leader in apartment development and management, today announced it has broken ground on Vireo, a luxury apartment community in the city’s thriving Midtown district.  

LMC, a leader in apartment development and management, today announced the topping off of two luxury apartment communities, Valdok and Axle, in Seattle. Structural framing was finished at Valdok’s first building in the city’s Ballard neighborhood on Aug. 10. Axle, located in the Interbay neighborhood, topped off on Sept. 1.

Greystone, a real estate lending, investment and advisory company, today announced its closing of a $550,000,000 permanent Freddie Mac loan made to joint-venture partners The Moinian Group and SL Green Realty Corp. for Sky Residences (“Sky”), one of Manhattan’s premier mixed-use residential buildings. The Greystone Bassuk debt advisory team, led by Richard Bassuk and Drew Fletcher, represented the Borrower and assisted in obtaining the Freddie Mac loan through Greystone’s Affordable Lending team. The transaction marks the largest-ever single-asset tax-exempt financing completed by Freddie Mac and a first-of-its-kind private placement structure that includes permanent financing for hundreds of affordable housing units in New York City. Steve Rosenberg, CEO of Greystone, together with Billy Posey, Joe Mosley, and Jeff Englund, collaborated with Freddie Mac on the structure for Moinian and SL Green, and spearheaded the loan process for Greystone.

Greystone Development, a New York-based real estate development company, today announced that Harlem 125, a new rental development located at 69 East 125th Street in East Harlem, is over 50 percent leased in less than two months. Dave Maundrell of Citi Habitats is the exclusive leasing agent.

LMC, a leader in apartment development and management, today announced the opening of Muse, a mixed-use community located in the central arts district of midtown Phoenix.  

Greystone, a real estate lending, investment and advisory company, announced it has provided $23,452,300 in HUD-insured financing for the construction of 23 West Apartments, a 176-unit community planned for Gainesville, FL. The transaction was originated by Christine Griffin, a Managing Director in Greystone’s New York office.

LMC, a leader in apartment development and management, today announced the opening of Nexa, a mixed-use apartment community located in North Tempe.   

Greystone Development, a New York-based real estate development company, announced the official start of leasing for Steuben - located at 100 Steuben Street in Clinton Hill, Brooklyn. Steuben is the second of a pair of new luxury rental buildings developed by Greystone Development. The first, Myrtle, located around the corner at 531 Myrtle, launched leasing in January 2017 and is 100% occupied.

Page 1 of 8