Greystone Provides $32.5 Million Fannie Mae Acquisition Loan for 91-Unit Affordable Senior Housing Community in Berkeley, California
NEW YORK, NY - Greystone, a leading national commercial real estate finance firm, has provided a $32,500,000 Fannie Mae DUS® Multifamily Affordable Housing (MAH) loan for the acquisition of an affordable housing property in Berkeley, California. The loan was originated by Scott Wallace, Director at Greystone. The Fannie Mae affordable loan for Harriet Tubman Terrace, a Section 8 HAP property, carries a 17-year term at a fixed rate with a 35-year amortization. The 91-unit, garden style...
Source: multifamilybiz.com