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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,...
New York United States Des Plaines Cook County Freddie Mac Bridge Commons

Greystone Provides $44 Million in Acquisition Financing for Bayshore Properties $55 Million Multifamily Community Purchase in Indiana

NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided a $44,000,000 bridge loan for the acquisition of Hidden Creek Apartments, a 432-unit multifamily property in Crown Point, Indiana. The transaction was originated by Eric Rosenstock and Dan Sacks, Co-Managing Directors at Greystone on behalf of Bayshore Properties. The non-recourse bridge loan from Greystone features a 24-month term with two six-month extension options and is interest-only. Upon...
United States Crown Point Freddie Mac Eric Rosenstock Nick Kozul Bayshore Properties

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Greystone provides $50M Freddie Mac loan for Goldcrest apartment acquisition

Greystone has provided a $49,575,000 Freddie Mac Optigo loan for the acquisition of a 484-unit apartment community in Pine Hill, New Jersey. The transaction was originated by Dan Sacks, Managing Director in Greystone’s New York office, on behalf of Goldcrest Management. DAN SACHS The $50 million Freddie Mac loan features an adjustable rate with a 10-year term and 30-year amortization, with the first five years of interest-only payments. Built in 1973, Chalet Gardens is a garden-style complex...
New York United States Pine Hill New Jersey Freddie Mac Hillel Hertz

Greystone provides $27.8 million loan for seniors property in Michigan

Greystone provides $27.8 million loan for seniors property in Michigan May 19, 2021 Greystone has provided a $27.8 million HUD-insured loan to refinance a 383-unit seniors housing property in Southfield, Michigan. The transaction was originated by Dan Sacks, managing director in Greystone’s New York office, on behalf of Loop Investments. The $27.8 million HUD Section 223(a)(7) financing replaces an existing FHA loan with a lower, fixed interest rate and a 35-year ...
New York United States Energy Star Dan Sacks Green Mortgage Insurance Premium Solaire Apartments

Greystone Provides $87 Million Fannie Mae Green Mortgage Loan for 486-Unit Multifamily Community in Prince Georges County, Maryland

NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided an $87 million Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 486-unit multifamily property in Prince Georges County, Maryland. The financing was originated by Dan Sacks and Eric Rosenstock, Managing Directors in Greystone’s New York office, on behalf of Glendale Apartments Properties LLC. The $87,000,000 Fannie Mae Green Mortgage loan carries a 12-year term, a low fi...
New York United States Prince Georges County University Of Maryland Goddard Space Flight Center Greenway Shopping Center

Quantum Equities Lands $87M Refi for Maryland Apartments

Quantum Equities Lands $87M Refi for Maryland Apartments Greystone arranged the Fannie Mae DUS loan for the 486-unit community in Lanham. May042021 Image courtesy of Greystone Quantum Equities has refinanced The Glendale Residence Apartments, a 486-unit multifamily community in Lanham, Md., with an $87 million Fannie Mae DUS loan provided by Greystone. The Fannie Mae Green Mortgage loan carries a 12-year term, a low fixed-interest rate, five years of interest-only payments and...
New York United States College Park Greenway Shopping Center District Of Columbia Eric Rosenstock

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