Greystone Arranges HUD Loan for New Build in Metro Detroit

The asset was built in 1963 and was remodeled in 2006. Greystone provides $36.7M HUD refinancing to Queens nursing facility Hollis, N.Y.-Greystone has provided a .7 million hud loan to refinance.

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Greystone provides $36 million to 544-unit apartment community near Detroit- Greystone, a real estate lending, investment and advisory company, provided a $36.3 million HUD-insured permanent loan.

The interest-only loan has an LTV of 71 percent.Barrett Sigmund, director of Northwest acquisitions for Securities Properties Inc. (SPI), told CPN today the firm bought the property from Dermot Cos..

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Comparatively high rates of return on real estate investments in greater downtown and metro Detroit as a whole continue. Earlier this year, DDI also put the former Detroit Free Press headquarters.

Greystone provides $72.7M in HUD financing. projects in New York City. One property is a 224-unit asset that received approximately $40 million of loan proceeds including a sizeable cash-out to the.

Understanding the HVCRE Bill The proposed rules would not apply to any existing HVCRE exposures that are outstanding prior to the final rules implementation. Currently, HVCRE exposures are governed by the Dodd-Frank Wall Street.

Top Ranking of hud lenders capped by Another Banner Month, Closing $300 Million in FHA Deal Volume in November. Greystone, a leading real estate lending, investment and advisory firm, announced today that it ranked #1 in multifamily loan commitments issued by the U.S. office of Housing and Urban Development at the conclusion of the agency’s 2016 fiscal year.

Category: Deals. Greystone announced it has provided two FHA-insured loans totaling $18,796,000 for the acquisition and refinancing of affordable housing properties in the Denver, Colorado region. The loans were originated by Tony Spaeth of Greystone and Tom Wilson of HFF. Jefferson Square apartments, a 64-unit multifamily property in Denver, CO,

Contact: Transwestern – Robin Williams, (301) 896-9070; Dean Sigmon, (301) 896-9089; Justin Shay, (301) 896-9082 The Russell is a new development located in. The property has an assumable fixed.

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Sanford P. Aron of Hunington Properties, Inc. has received a $32.2 million FHA-insured loan to develop The Vic at Southwinds Apartment Homes, a new 265-unit green-certified community in Baytown, Texas.

Trail II was built. loan of approximately $28.1 million on the combined Trail Creek community originated by KeyCorp Real Estate Capital Markets Inc., and expects the loan to be transferred to.

has new ownership. The acquisition was financed with a $15.1 million bridge loan provided by Greystone. JD Stettin of Chicago originated the transaction. Borrower Presidium Group will try to pursue.

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