Greystone Provides $28.9 Million in HUD-Insured Financing for an Affordable Housing Property in Palm Beach County, Florida
NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided a $28,992,000 HUD-insured loan to refinance a 288-unit affordable housing property in Mangonia Park, Florida. The financing was originated by Fred Levine, Managing Director in Greystone’s New York office, on behalf of long-term client Royal Castle Development. The $28,992,00 HUD-insured Section 223(f) financing carries a 35-year term and 35-year amortization, along with a low, fixed interest rate...
Source: multifamilybiz.com