Greystone Provides $74.6 Million in Fannie Mae DUS® Financing for Multifamily Property in Fort Worth, Texas
01 Agosto 2024 - 10:04AM
Greystone, a leading national commercial real estate finance
company, has provided a $74,576,000 Fannie Mae Delegated
Underwriting & Servicing (DUS®) loan to refinance a 672-unit
multifamily property in Burleson, Texas. The financing was
originated by Avi Kozlowski, a Managing Director at Greystone.
Constructed in 2023, Shannon Creek Apartments
in Johnson County is a garden-style community with 24 buildings
featuring one- and two-bedroom units. Property amenities include a
clubhouse, fitness center, business center, game/media room, yoga
room, resort-style swimming pool, barbeque area, dog park and care
station, and sports courts. The $74.6 million non-recourse,
fixed-rate financing is part of Fannie Mae’s Green Building
Certification program and features a five-year term and 30-year
amortization, with full-term interest-only payments.
“We leave no stone unturned when finding financing solutions
that help our clients achieve their goals for their properties,”
said Mr. Kozlowski. “We leverage our well-diversified lending
platform and lean into our multifamily experience for every
transaction, so every Greystone client can achieve exceptional
outcomes.”
About GreystoneGreystone is a
private national commercial real estate finance company with an
established reputation as a leader in multifamily and healthcare
finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac
lender in these sectors. Loans are offered through Greystone
Servicing Company LLC, Greystone Funding Company LLC and/or other
Greystone affiliates. For more information, visit
www.greystone.com.
PRESS CONTACT:Karen
MarottaGreystone212-896-9149Karen.Marotta@greyco.com