Other Multifamily News

Commercial lender provides financing to prominent developer Allen Morris Company

Greystone, a leading national commercial real estate finance company, has provided a $16,970,000 Fannie Mae Delegated Underwriting Services (DUS®) loan to refinance a 258-unit multifamily property in Hopkinsville, KY. The transaction was originated by Lorie Hanson, Managing Director at Greystone.

Chicago, IL – May 17, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3.88 million cash-out refinance for a 57-unit multifamily portfolio located in Chicago, IL.

Greystone, a leading national commercial real estate finance company, placed $15,000,000 in financing for a 152-unit senior housing property in Everett, Washington. The transaction was originated by Tyler Armstrong of Greystone, on behalf of Lytle Enterprises, LLC.

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of preleasing at Modera Old Ivy, a luxury apartment community located in the thriving Buckhead neighborhood. 

Partnership with renowned New York-based real estate company enables Miami-based developer to significantly expand project and investment pipeline

Berkadia announces it has sourced an equity partner for Capstone Communities to develop The Cottages at Greystone, its first build-for-rent (BFR) community in the Greater Birmingham area. A low-density multifamily development, The Cottages will sit on approximately 30 acres within the well-established Greystone community, just minutes off Highway 280.

Greystone, a leading national commercial real estate finance company, has provided a $49,680,000 HUD 223(f) loan to refinance a 360-unit multifamily property in San Antonio, Texas. The financing was originated by Reuben Dolny, Director at Greystone, on behalf of The Bascom Group, a repeat client of the firm.

Chicago, IL – May 3, 2022 – American Street Capital (“ASC”) announced today that it has secured a $16.5 million value-add bridge loan for the 238-unit apartment community located in Atlanta, GA.

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced that move-ins are underway at Modera Lake Merritt, a luxury mixed-use community in Oakland’s eclectic Uptown neighborhood. 

Page 26 of 110