Other Multifamily News

Greystone, a lending, investment and advisory company, announced it has provided a Fannie Mae loan to finance the $1,612,500 acquisition of Little Creek Apartments in Wayne, MI. The transaction was handled by Cary Belovicz, Executive Managing Director of Greystone Bel Real Estate Advisors and John Marr, Managing Director at Greystone, on behalf of the buyer, Josh Sterling.

Pilot Program Preserves Financing for 500 Units of Age-Restricted Affordable Housing 

Transaction Marks Union Bank’s First Foray Into Purchasing HFA Bonds

Greystone, a real estate lending, investment and advisory company, today announced it received several honors from Fannie Mae for its lending activity in the affordable housing sector.

Greystone Leads in Dollar Volume for HUD’s MAP 223(f) Program

Greystone, a real estate lending, investment and advisory company, announced it has provided a $24,220,000 HUD-insured permanent loan to refinance The Highland Club Apartments, a 247-unit multifamily property in Baton Rouge, LA. The transaction was originated by Jason Stein in Greystone’s New York office.

Greystone, a real estate lending, investment and advisory company, today announced it has provided $13,355,000 in Freddie Mac financing for a 24-unit apartment building in Williamsburg, Brooklyn. The loan was originated by Anthony Cristi of Greystone’s New York office.

Greystone, a real estate lending, investment and advisory company, today announced it has provided $10,130,000 in Fannie Mae financing for a multifamily property in Century City, CA. The loan was originated by Matt Stevens of Greystone’s San Diego office with Don Salka of First Pacific Financial acting as correspondent on the transaction.

Greystone, a real estate lending, investment and advisory company, today announced it has provided $44,600,000 in Fannie Mae financing for a multifamily property in Estero, FL. The Fannie Mae 10-year loan has a 30-year amortization schedule after 2 years of Interest Only payments, and was originated by Nicholas Diamond of Greystone’s New York office with Lighthouse Advisory and Jaya Capital acting as correspondents.

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