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Greystone Provides $103 Million in Fannie Mae Senior and Mezzanine Financing for 752-Unit Multifamily Housing Acquisition in Chicago

NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided a total of $102,686,000 in Fannie Mae Delegated Underwriting and Servicing (DUS®) loans for the acquisition of a 752-unit multifamily property in Des Plaines, Illinois. The transaction was originated by Dan Sacks and Eric Rosenstock, Managing Directors in Greystone’s New York office, on behalf of Bayshore Properties, a long-time client. The financing includes a $95,870,000 non-recourse,...
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