NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) — greystone, a leading national commercial real estate financing company, provided $79,125,000 in Fannie Mae Underwriting and Services (DUS®) loans to refinance three multifamily buildings totaling 939 units in and around Tucson, Arizona. provided. This financing was initiated by Greystone Managing Director Dan Wolins on behalf of affiliates of HSL Properties, Inc.
Each non-recourse fixed-rate loan in the portfolio has a 30-year amortization schedule, with interest-only payments over the entire 10-year period. The portfolio includes:
$36,618,000 for 323 units Desert Sands Apartmentsin Casa Grande, Pinal County.
$29.36 million for 456 units Canyon Oaks Apartments in Tucson, Pima County.and
$13,147,000 for 160 units Brittany Court Apartmentsalso in Tucson, Pima County.
“Clients trust Greystone because we understand the ins and outs of multifamily finance and take a prudent and creative approach,” Wallins said. “Leveraging our extensive lending platform, our primary objective is to help our clients realize their real estate goals across all of their portfolios.”
“Greystone has earned our trust. Our team's hard work and creative problem-solving consistently exceeds expectations,” said Omar Mireles, President of HSL Properties. “In our experience, the company's reputation for excellence in multifamily financing and customer service is excellent.” It's no surprise – that's why we keep coming back. ”
About Greystone
Greystone is a private, national commercial real estate financing company with a reputation as a leader in multifamily and health care financing, where it ranks among the top FHA, Fannie Mae, and Freddie Mac lenders. It has been. Loans are provided through Greystone Servicing Company LLC, Greystone Funding Company LLC, and/or other his Greystone affiliates. For more information, please visit: www.greystone.com.
Press contact:
Karen Marotta
greystone
212-896-9149
Karen.Marotta@greyco.com
