Other Multifamily News
Chicago, IL – May 19, 2020 – American Street Capital (“ASC”) announced today that it has arranged $5.15 million refinance for an 18-unit multi-family property in Chicago, IL.
The portfolio includes 1,217 workforce housing units in Florida and Georgia
Greystone, a leading national commercial real estate lending, investment, and advisory company, has provided $30,865,000 in Fannie Mae Delegated Underwriting and Servicing (DUS®) loans to refinance several multifamily properties in Queens, NYC. The transactions were originated by Anthony Cristi in Greystone’s New York office, with Jay Steinberg of Watermark Capital Group acting as correspondent on the transaction.
Greystone, a leading national commercial real estate lending, investment, and advisory company, has provided a $76,700,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 531-unit multifamily property in Huntingdon Valley, Pennsylvania. The transaction was originated by Dan Sacks in Greystone’s New York office, on behalf of Lindy Properties, with David Fisher of Meridian Capital Group as correspondent.
Tampa, Fla. (May 11, 2020) – American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has been named to Inc. magazine’s annual list of the Best Workplaces for 2020. Hitting newsstands May 12 in the May/June 2020 issue, and as part of a prominent Inc.com feature, the list is the result of a wide-ranging and comprehensive measurement of American companies that have created exceptional workplaces through vibrant cultures, deep employee engagement, and stellar benefits.
Knighthead Funding LLC, has originated separate loans totaling $37.3 million for the development of three multifamily projects in Michigan.
Greystone Real Estate Advisors announced it has sourced the financing of a 240-unit multifamily property in New Hudson, MI, and Greystone provided a $26,229,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan for the transaction. The deal was sourced by Cary Belovicz, executive managing director of Greystone Real Estate Advisors, and the financing was originated by Clint Darby, a managing director in Greystone’s Chicago office.
First Communities joins the #GivingTuesday Movement