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New Jersey-based CSRE Group has secured $18.58 million in
acquisition financing for the purchased of a 177-unit multifamily portfolio in
New Haven, CT.
Greystone provided a total of $18,580,000 in Fannie Mae Delegated Underwriting and Servicing (DUS) loans for the acquisition of the two-property development.
DAN SACKS
The transactions were originated by Dan Sacks, Managing
Director in Greystone’s New York office on behalf of CSRE Group. Russ Drebin
and Jake Weinstein of Meridian Capital Group acted as correspondent.
Greystone was able to leverage Fannie Mae’s Green Rewards
program for these transactions, as the borrower is committed to making energy