Other Multifamily News

Chicago, IL – January 18, 2022 – American Street Capital (“ASC”) announced today that it has secured a $4,275,000 acquisition bridge loan for a 180-unit multifamily portfolio in Wichita, KS.

Greystone, a leading national commercial real estate finance company, announced it has arranged a $33,900,000 loan on behalf of Larken Associates for The Oaks and Reserve at Copper Chase, a recently-completed 239-unit class-A multifamily rental complex consisting of two phases located at 2900 and 3145 Honey Drive, York, PA. The new permanent loan was provided by Berkshire Bank and used to refinance the original construction loan which was also held by Berkshire Bank. The Greystone Capital Advisors team, led by Drew Fletcher and Paul Fried, served as the exclusive advisor in arranging the debt on behalf of Larken.

Greystone, a leading national commercial real estate finance company, placed financing for a 280-unit senior housing portfolio in the Washington, D.C region. The refinance for the two communities was handled by Cary Tremper, Tyler Armstrong, and Greystone’s Senior Housing Capital Markets Team on behalf of Harrison Street and Palomino Capital.

Mill Creek Residential, a leading developer and operator specializing in premier rental communities across the U.S., today announced the start of preleasing at Modera New Rochelle, a luxury apartment community located approximately 20 miles northeast of Manhattan.

Greystone, a leading national commercial real estate finance company, has provided an $8,723,000 Fannie Mae Delegated Underwriting Service (DUS®) loan to refinance a 148-unit multifamily property in Terrytown, Louisiana. The transaction was originated by Keith Hires and Carter King, Managing Directors in Greystone’s Atlanta office, on behalf Oak Alley Terrytown Apartments, LLC.

Sheherezade Thenard awarded residency in annual program that aims to provide emerging artists with career-building opportunities in exchange for free housing

SuiteSpot Technology (“SuiteSpot”) is pleased to announce that we have raised $3 million in seed funding led by Hazelview Ventures, with participation from InterRent REIT and Compugen.

Chicago, IL – January 10, 2022 – American Street Capital (“ASC”) announced today that it has secures a $3.26 million acquisition loan for a 56-unit multifamily complex in Kenosha, WI.

Greystone, a leading national commercial real estate finance company, has provided $13.4 million in total Fannie Mae Delegated Underwriting Services (DUS®) loans to refinance two multifamily properties in Baton Rouge, Louisiana. The loans were originated by Keith Hires and Carter King, Managing Directors at Greystone, on behalf of Patrician Management.

Greystone, a leading national commercial real estate finance company, has provided $49 million in Freddie Mac financing for a multifamily property in Los Angeles, CA. The financing was originated by Tony Spaeth and Trip Going of Greystone.

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