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Greystone Provides $95 Million in Freddie Mac Financing for Three Multifamily Properties in Illinois, Pennsylvania and Virginia

NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided a total of $95,025,000 in Freddie Mac financing for three multifamily properties. All of the transactions were originated by Dan Sacks, Managing Director in Greystone’s New York office.
Greystone secured a $41,175,000 Freddie Mac loan to refinance Eagle Creek Apartments, a 346-unit garden style apartment community built in 1976 in Westmont, Illinois. The floating rate loan carries a 10-year term with a 30-year amortization and five years of interest-only payments. The financing replaces an existing Freddie Mac loan from Greystone that was used to purchase the property in 2017. ....

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Greystone Provides $95 Million in Freddie Mac Financing for Multifamily Properties in Illinois, ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Greystone Provides $95 Million in Freddie Mac Financing for Multifamily Properties in Illinois, .
GreystoneDecember 16, 2020 GMT
NEW YORK, Dec. 16, 2020 (GLOBE NEWSWIRE) Greystone, a leading national commercial real estate finance company, has provided a total of $95,025,000 in Freddie Mac financing for three multifamily properties. All of the transactions were originated by Dan Sacks, Managing Director in Greystone’s New York office.
Greystone secured a $41,175,000 Freddie Mac loan to refinance Eagle Creek Apartments, a 346-unit garden style apartment community built in 1976 in Westmont, Illinois. The floating rate loan carries a 10-year term with a 30-year amortization and five years of interest-only payments. The financing replaces an existing Freddie Mac loan from Greystone that was used to purchase the property in 2017. ....

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