Greystone Provides $48 Million in Fannie Mae Green Financing for Acquisition of 406-Unit Multifamily Community in Okemos, Michigan
NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided a $48,000,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) green loan to acquire a 406-unit multifamily property in Okemos, Michigan. The financing was originated by Richard Kourbage, Managing Director in Greystone’s New York office, on behalf of the joint venture between Gray Capital and LRE Management. Constructed in 1989, Club Meridian in Ingham County is a garden-style...
Source: multifamilybiz.com