Located near the beach, the Hollywood project is expected to be complete by the end of the year. FundRebel has agreed to acquire Nine Hollywood, a mixed-use property in Hollywood, Fla., for $67 million.
Both properties are located in Indianapolis and total of 408 units. Greystone provided a total of $40.1 million in Fannie Mae Delegated Underwriting & Servicing loans for two separate multifamily properties totaling 408 units in Indianapolis.