NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided $27,325,000 in total Fannie Mae Delegated Underwriting & Servicing (DUS®) financing for a two-property portfolio in Greensboro, North Carolina. The financing was originated by Justin Hechler, Director at Greystone, on behalf of repeat client Featherstone Partners.
Terrace Oaks, which comprises 120 units, and Terrace at Olde Battleground, comprising 156 units, both received 10-year,.
Featherstone bought the trio in a portfolio deal three years ago. Featherstone Partners, a Virginia Beach-based real estate investment firm, has refinanced two Greensboro, N.C., multifamily properties with a total of $27.3 million in Fannie Mae loans.
Greystone Provides $27 3 Million in Fannie Mae DUS® Financing for Multifamily Property Duo in North Carolina streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.