Other Multifamily News

Chicago, IL – May 17, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3.88 million cash-out refinance for a 57-unit multifamily portfolio located in Chicago, IL.

Greystone, a leading national commercial real estate finance company, placed $15,000,000 in financing for a 152-unit senior housing property in Everett, Washington. The transaction was originated by Tyler Armstrong of Greystone, on behalf of Lytle Enterprises, LLC.

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of preleasing at Modera Old Ivy, a luxury apartment community located in the thriving Buckhead neighborhood. 

Partnership with renowned New York-based real estate company enables Miami-based developer to significantly expand project and investment pipeline

Berkadia announces it has sourced an equity partner for Capstone Communities to develop The Cottages at Greystone, its first build-for-rent (BFR) community in the Greater Birmingham area. A low-density multifamily development, The Cottages will sit on approximately 30 acres within the well-established Greystone community, just minutes off Highway 280.

Greystone, a leading national commercial real estate finance company, has provided a $49,680,000 HUD 223(f) loan to refinance a 360-unit multifamily property in San Antonio, Texas. The financing was originated by Reuben Dolny, Director at Greystone, on behalf of The Bascom Group, a repeat client of the firm.

Chicago, IL – May 3, 2022 – American Street Capital (“ASC”) announced today that it has secured a $16.5 million value-add bridge loan for the 238-unit apartment community located in Atlanta, GA.

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced that move-ins are underway at Modera Lake Merritt, a luxury mixed-use community in Oakland’s eclectic Uptown neighborhood. 

Greystone announced it ranks #1 based on dollar volume of multifamily and healthcare Firm Commitments issued by the U.S. Department of Housing and Urban Development (HUD) for the first half of the agency’s 2022 fiscal year, beginning October 1, 2021 through March 31, 2022. During this period, Greystone originated and obtained Firm Commitments for 89 HUD-insured loans totaling $1.7 billion, representing an increased 13.2% overall market share – the largest of all commercial lenders – for HUD-insured multifamily and healthcare loans.

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of preleasing at Modera Creative Village, a contemporary mixed-use apartment community in the emerging Creative Village district of Downtown Orlando.

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