Greystone, a leading national commercial real estate finance company, has provided a $20,000,000 HUD 223(f) loan to refinance a 127-unit multifamily property in Philadelphia, Pennsylvania. The financing was originated by Jason Yuen, Managing Director at Greystone, on behalf of 49th & Spruce Associates LP, a repeat client of the firm.

Mill Creek Residential, a leading developer, operator and investment manager specializing in premier rental communities across the U.S., today announced the start of preleasing at Modera West Wash Park, a contemporary apartment community in the city’s vibrant Washington Park neighborhood just southeast of downtown. 

JLL Capital Markets arranged the refinancing for the 100-unit Nolan Mains in Edina, Minnesota

JLL Capital Markets arranged the refinancing for the 100-unit Nolan Mains in Edina, Minnesota

Greystone, a leading national commercial real estate finance company, has provided a $9,745,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a multifamily portfolio consisting of 24 units in Brooklyn, New York. The transaction was originated by Jason Yuen of Greystone, with Abe Weinstock acting as correspondent.

Berkadia announces it has arranged the $32 million recapitalization of the Promenade at Aloma, a 233-unit multifamily community located in Orlando, Fla. Senior Managing Director Charles Foschini and Managing Director Christopher Apone of Berkadia Miami secured the financing on behalf of Pensam Capital, a multifamily real estate investment firm based in Miami, Fla.

Greystone, a leading national commercial real estate finance company, provided a $24,750,000 Freddie Mac Optigo® loan to refinance a 70-unit senior housing property in Mashpee, Massachusetts that includes 10% of the units designated affordable housing by the Cape Cod Housing Authority. The transaction was handled by Shailini Nehra, Managing Director at Greystone, on behalf of Northbridge Companies.

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing communities across the U.S., today announced the retirement of Charles Brindell, the company’s executive chairman. Brindell has helped spearhead Mill Creek’s emergence as a leading player in the rental-housing sector since the company’s inception in 2011. His retirement will take effect at the end of the quarter.