Greystone, a New York City-based real estate development, lending and advisory company, is delighted to reveal a 76-foot mural by celebrated local artist, Lance Johnson, at its residential property under development at 69 East 125^th Street in Harlem. Greystone commissioned Johnson to create a one-of-a-kind, three-piece, canvas mural that honors the rich culture and fabric of the immediate community. The mural, installed on October 26, will initially be featured outside of Greystone’s development site for the community to observe and enjoy, and then will be incorporated within the building, once construction is completed.

The Bainbridge Companies and National Real Estate Advisors today announced that Bainbridge Shady Grove Metro has been selected as a winner in Delta Associates’ 20th Annual Washington/Baltimore Apartment Industry Awards for Excellence.

Work done by Greystone Affordable Housing Initiatives and the Hallmark Companies, Inc. on a complex bond deal that led to the renovation of nearly 800 rental units was the catalyst for a Tennessee’s Best Award the companies received Oct. 13 during the 2016 Governor’s Housing Conference in Nashville.

ARM Loan Provides Permanent Financing for Newly-Constructed Class-A Building in Tacoma

Greystone Affordable Housing Initiatives LLC, a leading provider of affordable housing recapitalization and rehabilitation services, announces the closing of a $130 million multifamily housing transaction in Florida. The 24 aged USDA Rural Development Section 515 properties, comprising 1,058 apartment homes serving low-income households in 12 counties across the state, are owned and operated by The Hallmark Companies, Inc.

Greystone, a real estate lending, investment and advisory company, today announced it has provided a $36,015,000 Fannie Mae Delegated Underwriting and Servicing (DUS^®) loan to refinance Colonial Townhouse Apartments in Windham, CT. The loan, closed in just 14 days, was originated by Donny Rosenberg of Greystone on behalf of Colonial BT LLC, with Shaya Ackerman of Meridian Capital in New York as correspondent on the transaction.

Out-of-State Investors See Opportunity in Phoenix Multifamily Market

Greystone, a New York-based real estate development, lending and advisory company, today announced that “On the Sound,” a newly constructed waterfront residential development on City Island, is now 75 percent sold. Perched upon five waterfront acres at 226 Fordham Place, On the Sound boasts 43 townhome-style condominiums within a private gated community. McClellan Sotheby’s International Realty, led by Sona Davidian, is exclusively handling sales for the community.

Greystone, a real estate lending, investment and advisory company, today announced it has provided a $12,000,000 Fannie Mae Delegated Underwriting and Servicing (DUS^®) loan for the acquisition of Bella Terraza in Jacksonville, FL. The loan was originated by Andrew Ellis of Greystone’s Rockville, MD office.