Other Multifamily News
Greystone, a leading national commercial real estate finance company, has provided a $71,340,000 Freddie Mac Optigo® loan to refinance a 197-unit multifamily property in Santa Rosa, California. The transaction was originated by Greystone’s Matt Miller on behalf of Gallaher Companies.
Greystone, a leading national commercial real estate finance company, announced today that it has arranged a $143,100,000 permanent loan for affiliate entities of RXR Realty to refinance 475 Clermont, a premier multifamily rental building located at the intersection of Fort Greene, Clinton Hill, and Prospect Heights in Brooklyn, NY. The Greystone Capital Advisors debt advisory team, led by Drew Fletcher and Matthew Hirsch, served as exclusive advisor to RXR. The new 10-year, fixed-rate loan was provided by an affiliate entity of MetLife Investment Management and refinances a $125,000,000 construction credit facility from J.P. Morgan and People’s United Bank that was also arranged by Greystone in 2017.
JLL Capital Markets arranged the $36 million loan for the three adjacent residential properties
Greystone, a leading national commercial real estate finance company, placed $35.9 million in construction financing for a 150-unit independent living, assisted living, and memory care community in Chesterfield, Missouri. The transaction was handled by Greystone’s Seniors Housing Capital Markets Team, including Matt Miller and Tyler Armstrong, on behalf of a joint venture between Shelbourne Healthcare and Cedarhurst.
JLL Capital Markets arranged the refinancing for Canopy Place
Greystone Affordable Development, a national affordable housing developer, announced it has once again ranked as the #1 rural affordable housing developer for 2021 by the Council for Affordable and Rural Housing (CARH).
Wraparound artwork celebrates sun, water and nature-adds benefit to neighborhood
Chicago, IL – August 30, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $17.27 million value-add bridge loan for the 200-unit Flint River Apartments community located in Jonesboro, GA.
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 Flagler Village, a luxury high-rise apartment community located moments north of downtown Fort Lauderdale.
