Greystone, a real estate lending, investment and advisory company, today announced it has provided $72.5 million in total Fannie Mae DUS® loans to refinance three multifamily properties in Michigan owned by Singh Development Company. The loans were originated by Fred Levine of Greystone’s Monsey, NY office.

Greystone, a real estate lending, investment and advisory company, today announced it has ranked #1 in Targeted Affordable Housing (“TAH”) loan origination volume for 2017 by Freddie Mac. Greystone’s Freddie Mac TAH volume included transactions closed as both Forwards and Immediate Fundings and included tax-exempt loan structures, green financing, value add and substantial rehab transactions nationwide.

NXT Capital (www.nxtcapital.com) announced today that it provided a $24.5 million first mortgage loan to facilitate Jevan Capital’s acquisition of a 224-unit, Class-B apartment community located in San Antonio, Texas. Jevan Capital is led by Jason Buxbaum.  Luke Donahue in the Phoenix office of NorthMarq placed the loan with NXT Capital.

Greystone Affordable Development, a leading services provider for affordable housing recapitalization, rehabilitation and development transactions, announced the closing of a $79.2 million transaction in Greensboro, North Carolina through the HUD Rental Assistance Demonstration program. Converting the financial structure of 645 units of affordable housing across nine affordable housing communities for the Greensboro Housing Authority, the RAD deal enables access to capital for physical improvements and overall increased operational efficiency.

Friday, January 19, 2018, was originated by Trez Forman’s Ryan Howard.

Greystone, a real estate lending, investment and advisory company, announced it has provided a total of $17 million in Fannie Mae refinancing for two multifamily properties in Tucson, Arizona owned by HSL Properties, one of the largest multifamily owners and operators in southern Arizona. The transaction was originated by Dan Wolins, Managing Director at Greystone.

Greystone, a lending, investment and advisory company, announced it has provided a Fannie Mae loan to finance the $1,612,500 acquisition of Little Creek Apartments in Wayne, MI. The transaction was handled by Cary Belovicz, Executive Managing Director of Greystone Bel Real Estate Advisors and John Marr, Managing Director at Greystone, on behalf of the buyer, Josh Sterling.

Pilot Program Preserves Financing for 500 Units of Age-Restricted Affordable Housing 

Transaction Marks Union Bank’s First Foray Into Purchasing HFA Bonds