Greystone, a leading national commercial real estate finance company, has provided a $16,050,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan to refinance Coventry Village, a 94-unit multifamily property located in Central Islip, New York. The financing was originated by Robert Meehan, Managing Director at Greystone.
Constructed in 1975 and renovated in 2011, Coventry Village is a garden-style community comprised of 94 units across two residential buildings. The property features a mix of one- and two-bedroom apartments and maintains strong occupancy, reflecting stable demand in the Western Suffolk submarket. The non-recourse, fixed-rate loan carries a five-year term and is structured with a 30-year amortization schedule.
“Greystone is pleased to deliver a tailored refinancing solution that supports our client’s long-term ownership strategy,” said Mr. Meehan. “Coventry Village has demonstrated consistent performance, and this financing enables the borrower to capitalize on the property’s stability while maintaining flexibility for future growth.”
“Coventry Village stands out as a stable, well-performing asset in a competitive rental market,” said Matt Albano, Managing Director of GCP Capital Group. “This financing allows ownership to continue executing on a long-term strategy while maintaining a high-quality living environment for residents.”
Greystone, a leading national commercial real estate finance company, announced it has provided a $16,500,000 Fannie Mae loan to refinance a 92-unit multifamily community in Plainville, Connecticut. The financing was originated by Rob Meehan and Avrom Forman, both Managing Directors at Greystone.
Located in Hartford County, this garden-style multifamily community offers one- and two-bedroom units, and is conveniently located near regional employment centers, retail amenities, and major transportation corridors. This seven-year term, fixed-rate Fannie Mae loan supports the continued stability and performance of the property.
“This financing reflects the continued strength of well-located, stabilized multifamily assets and the value of agency execution in today’s market,” said Mr. Meehan. “We were pleased to provide a Fannie Mae refinancing solution that aligned with our client’s long-term objectives.”
“The property has demonstrated consistent operating performance, and this transaction underscores Greystone’s ability to deliver reliable, efficient capital through our agency lending platform,” said Mr. Forman.
Greystone, a leading national commercial real estate finance company, has provided a $22,336,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan to refinance Canyon View Living on 12th, an 108-unit multifamily property in Ogden, Utah. The financing was originated by Lorie Hanson, Managing Director at Greystone, with Johnny Clawson from The Clawson Group, Inc. acting as correspondent.
Constructed in 2024, Canyon View Living on 12th in Weber County is a 4-story apartment building with well-appointed one- and two-bedroom units. Set across 6.2 acres, community residents enjoy access to a swimming pool, clubhouse, pet play area, fitness center, EV charging station and covered parking, The $22,336,000 non-recourse, fixed-rate financing carries a five-year term and amortization, with full-term interest-only payments.
“At Greystone, our number one priority is serving our clients well, which means we are committed to securing the right financing in any market cycle,” said Ms. Hanson. “Greystone has deep experience and knowledge in the multifamily space, and our extensive lending platform can meet client needs across the capital stack.”
“We chose Greystone because of the company’s reputation for exceptional work—and the depth of knowledge and care from our team far exceeded our expectations,” said Mr. Douglas Durbano, principal of the borrower. “At every stage of this transaction, we experienced for ourselves why Greystone is a multifamily finance leader and we look forward to working with our team again in the future.”
Greystone, a leading national commercial real estate finance company, announced it has provided $20,700,000 in Fannie Mae financing for the acquisition of Heather Glenn Apartments, a 168-unit multifamily property in Fort Walton Beach, Florida. The financing was originated by Rob Meehan and Avrom Forman, Managing Directors at Greystone.
Heather Glenn Apartments, located in Okaloosa County, is a garden-style affordable housing community offering one-, two-, three-, and four-bedroom units. The property is located in the Crestview–Fort Walton Beach–Destin metropolitan area, providing residents with close proximity to major employment centers, military installations, retail amenities, and the Gulf Coast. The $20.7 million fixed-rate Fannie Mae loan carries a 5-year term.
“This acquisition underscores the continued strength of high-quality multifamily assets in growing Florida markets,” said Mr. Meehan. “We are pleased to be able to provide our client with a financing solution that supported their acquisition strategy and long-term vision for the property.”
“The Heather Glenn transaction highlights that Greystone is deeply committed to reliably and seamlessly delivering agency capital for acquisitions across a wide range of market types,” said Mr. Forman.
Greystone, a leading national commercial real estate finance company, announced it has provided a $49,207,000 Fannie Mae DUS® loan to refinance a 150-unit multifamily community located in Norwalk, Connecticut. The financing was originated by Greystone’s Clint Darby and Andrew Remenschneider, on behalf of Spinnaker Real Estate Partners.
Built in 2024 in Fairfield County, SoNo Central is a six-story apartment complex featuring studio, one-, and two-bedroom units, and 12 commercial units. Residents enjoy access to a fitness center, community great room with co-working lounge, and a courtyard with swimming pool, barbeque stations and bocce ball court.
The property helps provide more affordable housing for the community in having at least 10% of the dwelling units rented to persons / families whose annual income is less than or equal to 80% of the Area Median Income.
“Greystone’s careful and creative approach helps our clients achieve their goals, and it’s exceptional to add this Spinnaker asset to our portfolio given the client’s strong position as a top developer of multifamily in Connecticut as well as helping facilitate more affordability of rents,” said Mr. Darby.
“We turned to Greystone because of their industry-leading reputation for service and extensive multifamily lending platform,” said Mr. John Wilcox, Spinnaker CFO. “Our Greystone team exceeded expectations on every measure; they were dedicated and responsive, and we look forward to working with them on future projects.”
Refinancing Package Supports Lease-Up and Stabilization of 128-Unit Legacy on Rockhill Property
Greystone, a leading national commercial real estate finance company, has provided a $19,764,000 Fannie Mae DUS® loan to refinance Legacy on Rockhill, a newly constructed 128-unit build-to-rent community in McKinney, Texas. The transaction was originated by John Sloot, Managing Director at Greystone.
Built in 2023 and situated on a 13.21-acre site, Legacy on Rockhill consists of one-, two-, and three-bedroom single-family and duplex rental homes with modern finishes and private backyards. Property amenities include a pool, fitness center, dog park, bocce ball court, and gated access. The community was 93.75% leased as of July 2025.
“This financing reflects Greystone’s ability to structure efficient capital solutions for sponsors delivering high-quality rental housing in key growth markets,” said Mr. Sloot. “The Legacy on Rockhill community is well-positioned for long-term performance in the dynamic North Dallas region.”
