NEW YORK, NY / ACCESSWIRE / December 21, 2022 / Greystone, a leading national commercial real estate finance company, closed an $18,573,000 permanent Freddie Mac loan to acquire a 200+ unit multifamily community outside of Kansas City, MO. The loan was originated by Adam Lipkin, Vice President of Greystone’s New York office.
Originally built in the 1980s, the property is a garden-style apartment community offering one and two bedroom units. The $18.6 million non-recourse, fixed-rate loan has a 10-year term and 30-year amortization, with five years of interest-only payments.
“Clients look to Greystone for our unique level of multifamily expertise and insights that derive from our extensive industry experience and deep lending platform,” said Mr. Lipkin. “We are committed to helping our clients succeed and work tirelessly to find the right financing for each transaction.”
Greystone is a privately held national commercial real estate finance company with a reputation as a leader in multifamily and healthcare finance, ranked as a top lender by FHA, Fannie Mae and Freddie Mac 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.
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Source: Greystone & Co
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