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Greystone Provides $8 9 Million in Fannie Mae DUS Refinance Loans for Two Multifamily Housing Communities in Florida Markets

NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided $8,900,000 in total Fannie Mae Delegated Underwriting and Servicing (DUS®) loans to refinance two multifamily communities in Melbourne and Tampa, Florida. The fixed-rate, 10 and 15-year term loans with 25-year amortization schedules and full-term interest-only were originated by Cullen O’Grady, managing director in Greystone’s Rockville, MD office. The first loan refinances.

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Greystone Provides $21 46 Million Fannie Mae DUS® Loan to Refinance a Multifamily Property in Herndon, Virginia

Greystone Provides $21 46 Million Fannie Mae DUS® Loan to Refinance a Multifamily Property in Herndon, Virginia
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Greystone Provides $16 3 Million in Fannie Mae Financing for 168-Unit The Flats at Ninth Avenue Multifamily Community in Florida

NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided a $16,376,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 168-unit multifamily community in Pensacola, Florida. The fixed-rate, 12-year loan with six years of interest-only payments and a 30-year amortization schedule was originated by Cullen O’Grady, Managing Director in Greystone’s Rockville, MD office. The Flats at Ninth Avenue, built in 1971, comprises one- and two-bedroom units across 6.79 acres and was 99% occupied at time of close. Community amenities include a pool, bark park, volleyball court, clubhouse, and business center. The property is located in a desirable submarket of Pensacola, just north of I-10 offering quick access to all areas of Pensacola including the Naval Air Station. Three of Pensacola’s top five employers – the University of West Florida, Baptist Health Centers and West Florida Hospital are all within a mile of the prop

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