NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided a $24,080,000 HUD 223(f) loan to refinance an 89-unit affordable housing property in Stamford, Connecticut. The loan was originated by Jon Morales, Senior Vice President at Greystone, on behalf of New Neighborhoods, Inc.
Located on Stillwater Avenue, Martin Luther King Apartments is a 100% Section 8 multifamily property. The HUD-insured financing is a 35-year loan at a low, fixed rate. As part of.