Greystone Provides $25.1 Million in Fannie Mae Financing for Columbus Multifamily Complex

22 November 2023

Greystone, a leading national commercial real estate finance firm, provided a $25,160,000 Fannie Mae DUS® loan to refinance a two-property apartment complex comprising 293 units in Columbus, OH. The loan was originated by Avi Kozlowski, Managing Director at Greystone.

 

The non-recourse Fannie Mae financing carries a 7-year fixed-rate loan with a 30-year amortization and refinances the property that was acquired in 2021, enabling $1.9 million for renovations and upgrades. All units are two-bedroom/one-bath townhomes, with common amenities including a playground, BBQ area, and dog park, that are under construction.