{"id":10699,"date":"2024-02-14T09:42:58","date_gmt":"2024-02-14T15:42:58","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-79-million-in-total-fannie-mae-dus-financing-for-multifamily-property-portfolio-in-tucson-arizona\/10699\/"},"modified":"2024-02-15T03:42:58","modified_gmt":"2024-02-15T09:42:58","slug":"greystone-provides-79-million-in-total-fannie-mae-dus-financing-for-multifamily-property-portfolio-in-tucson-arizona","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-79-million-in-total-fannie-mae-dus-financing-for-multifamily-property-portfolio-in-tucson-arizona\/10699\/","title":{"rendered":"Greystone Provides $79 Million in Total Fannie Mae DUS\u00ae Financing for Multifamily Property Portfolio in Tucson, Arizona"},"content":{"rendered":"<div> The financing was originated by Dan Wolins, Managing Director at Greystone on behalf of affiliated entities of HSL Properties, Inc.  <\/p>\n<p>Each of the non-recourse, fixed-rate loans in the portfolio carries a 30-year amortization schedule, with interest-only payments for the entire 10-year term. The portfolio includes:<\/p>\n<ul type=\"disc\">\n<li>$36,618,000 for the 323-unit <strong>Desert Sands Apartments<\/strong>, in Casa Grande in Pinal County;<\/li>\n<li>$29,360,000 for the 456-unit <strong>Canyon Oaks Apartments <\/strong>in Tucson in Pima County; and<\/li>\n<li>$13,147,000 for the 160-unit <strong>Brittany Court Apartments<\/strong>, also in Tucson in Pima County.<\/li>\n<\/ul>\n<p>\u201cClients rely on Greystone because we know the ins and outs of multifamily finance, and are careful and creative in our approach,\u201d said Mr. Wolins. \u201cTapping into our extensive lending platform, our main objective is to help clients realize their goals for all of the properties in their portfolio.\u201d<\/p>\n<p>\u201cGreystone has earned our trust \u2013 our team\u2019s diligence and creative problem-solving always exceeds expectations,\u201d said Mr. Omar Mireles, president of HSL Properties, Inc. \u201cIn our experience, the company\u2019s reputation for excellence in multifamily finance and client service is well-deserved \u2013 it\u2019s why we keep coming back.\u201d<\/p>\n<p align=\"justify\"><strong>About Greystone<\/strong><br \/>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 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7U39EA9FxQ4aOSxZm8dmmtSZ-S0zjiyAbIRl54vSOR_p31RJAI36vmoH1trZTgLuIyu7FIXCVbTxkzQVK3hkysOuh8h9RCot3CB_IfiSM0s=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.greystone.com\">www.greystone.com<\/a>.<\/p>\n<p><strong>PRESS CONTACT:<\/strong><br \/>Karen Marotta<br \/>Greystone<br \/>212-896-9149<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zOhFQ5O3_FCU9huGx_3OOAlCHmoyua0THu3T6vNQ-NMJ9g4pgMkh2T33DlvE_N7s4kV-nMTmDD6dwKcWRfpM_6_Q5EFjWM89qyNMBhsWGnE=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Karen.Marotta@greyco.com\">Karen.Marotta@greyco.com<\/a><\/p>\n<p><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/ODlkODAzZjAtOTU5Ny00ZTFkLWEwYzMtNTUxMmQ2YmE4YWQ4LTEwMzQ5NDg=\/tiny\/Greystone.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided a total of $79,125,000 in Fannie Mae Delegated Underwriting &amp; Servicing (DUS\u00ae) loans to refinance three multifamily properties totaling 939 units in and around Tucson, Arizona.<\/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\/10699"}],"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=10699"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/10699\/revisions"}],"predecessor-version":[{"id":10719,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/10699\/revisions\/10719"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=10699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=10699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=10699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}