{"id":10588,"date":"2024-02-04T00:30:03","date_gmt":"2024-02-04T06:30:03","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-monticello-provides-36-3-million-in-bridge-financing-for-student-housing-in-bloomington-indiana\/10588\/"},"modified":"2024-02-04T18:30:03","modified_gmt":"2024-02-05T00:30:03","slug":"greystone-monticello-provides-36-3-million-in-bridge-financing-for-student-housing-in-bloomington-indiana","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-monticello-provides-36-3-million-in-bridge-financing-for-student-housing-in-bloomington-indiana\/10588\/","title":{"rendered":"Greystone Monticello Provides $36.3 Million in Bridge Financing for Student Housing in Bloomington, Indiana"},"content":{"rendered":"
Greystone intends to transition the property to a permanent exit with an innovative HUD-insured green financing. <\/p>\n

The financing was originated by Michael Zukerman<\/a> and Adam Lipkin<\/a> of Greystone<\/a>, a leading national commercial real estate finance company.<\/p>\n

\u201cGreystone clients benefit from our commitment to continuous innovation on their behalf, which is needed more than ever in today\u2019s challenging capital markets. As a result, we were able to provide a unique and seamless non-recourse bridge-to-perm financing solution that was more advantageous over options in the market,\u201d said Mr. Zukerman.<\/p>\n

\u201cThe Greystone Monticello team is highly skilled and efficient — we pride ourselves on creating value for our clients on every transaction,\u201d addedEric Baum<\/a>, head of the multifamily sales desk at Greystone Monticello.<\/p>\n

About Greystone Monticello<\/strong>
The Greystone Monticello joint venture provides a wide range of bridge financing options in the multifamily and seniors housing industries along with hands-on collateral asset management to help service our clients. Greystone Monticello provides clients with exceptional service with breadth and depth of industry experience. For more information, visit www.greystonemonticello.com<\/a>.<\/p>\n

About Greystone<\/strong>
Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and\/or other Greystone affiliates. For more information, visit www.greystone.com<\/a>.<\/p>\n

PRESS CONTACT:<\/strong>
Karen Marotta
Greystone
212-896-9149
Karen.Marotta@greyco.com<\/a><\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

\n

NEW YORK, Jan. 10, 2024 (GLOBE NEWSWIRE) — Greystone Monticello, a bridge lending program serving as a one-stop shop provider of capital finance products and services for the multifamily and senior housing sectors, has provided a $36,300,000 bridge loan for a 226-unit student housing property in Bloomington, Indiana.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/10588"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=10588"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/10588\/revisions"}],"predecessor-version":[{"id":10606,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/10588\/revisions\/10606"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=10588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=10588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=10588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}