Greystone Provides $23.5 Million in Fannie Mae Green Rewards Financing for Indianapolis Multifamily Community

22 November 2023

Greystone, a leading national commercial real estate finance firm, provided a $23,484,000 Fannie Mae DUS® loan for the acquisition of a multifamily property comprising 200 units in Indianapolis, Indiana. The financing was originated by Avi Kozlowski, Managing Director at Greystone.

The non-recourse Fannie Mae Green Rewards financing is a 10-year loan with a fixed rate, and is interest-only with a 30-year amortization period. The property was built in 1972 and contains four one-bedroom/one-bath units; 115 two-bedroom/one-and-one-half bath townhome units; and 81 three-bedroom/one-and-one-half-bath townhome units. On-site amenities include a leasing office/clubhouse with fitness center, business center, playground, BBQ/picnic area and swimming pool.