Other Multifamily News
Greystone, a leading national commercial real estate finance company, has provided a total of $123,047,900 in HUD-insured loans to refinance a 560-unit multifamily property portfolio in Riverside, CA. The transaction was originated by Dan Sacks and Ilan Bassali of Greystone.
Greystone, a leading national commercial real estate finance company, has provided a $12,350,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance an existing 68-unit multifamily property in Marquette, Michigan. The transaction, contributing to the redevelopment of industrial brownfield land on Marquette’s waterfront, was originated by Reuben Dolny and John Marr of Greystone.
Thirty multifamily communities owned and managed by Continental Realty Corporation (CRC) and spanning seven states have earned “Satisfacts Insite” awards based on comments received by current residents related to overall satisfaction with the residential experience. SatisFacts is a third-party company that compiles data that is used to generate the scores from resident surveys.
Mesa West Capital provided $92.5 million in bridge financing to an institutional real estate private equity fund for the acquisition and repositioning of a 400-unit Class A multifamily property in Atlanta.
LIVEbe, a premier apartment developer and operator dedicated to delivering distinct apartment homes within connected communities, today announced that The Remy Phase II, a contemporary community located in the emerging Harkins District, is rapidly filling up after opening its doors in late January.
The Altman Companies, a Boca Raton-based nationally recognized developer, builder and manager of exceptional rental apartment communities, is pleased to announce that it will be launching its new “Artist in Residency” Program at Altís Little Havana in Miami. The Altman Companies’ “Artist in Residency” program will provide a practicing South Florida visual artist with a one-year rent-free apartment with den space to practice and fine-tune their craft. The chosen artist will have the opportunity to create and display their art on-site and engage with residents through hosted monthly artistic events.
HOUSTON – NewQuest Properties is broadening its development capabilities by launching a multifamily residential division with the hiring of John Leonard, an industry veteran with three decades of experience in the property sector.
Greystone, a leading national commercial real estate finance company, has provided a $20,000,000 HUD 223(f) loan to refinance a 127-unit multifamily property in Philadelphia, Pennsylvania. The financing was originated by Jason Yuen, Managing Director at Greystone, on behalf of 49th & Spruce Associates LP, a repeat client of the firm.