NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided $11,576,000 in HUD-insured financing on a 150-unit, age-restricted affordable housing community in Houston, Texas. The transaction was originated by Michael Zampetti and Kelley Klobetanz of Greystone on behalf of Chelsea Seniors I, LLC.
Constructed in 2011, Chelsea Senior Community in Harris County consists of five, mid-rise elevator buildings, with 45 one- and 105 two-bedroom units for low-income.