{"id":12280,"date":"2024-08-01T16:59:54","date_gmt":"2024-08-01T21:59:54","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-15-5-million-in-fannie-mae-dus-financing-for-multifamily-property-in-albany-georgia\/12280\/"},"modified":"2024-08-02T11:59:55","modified_gmt":"2024-08-02T16:59:55","slug":"greystone-provides-15-5-million-in-fannie-mae-dus-financing-for-multifamily-property-in-albany-georgia","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-15-5-million-in-fannie-mae-dus-financing-for-multifamily-property-in-albany-georgia\/12280\/","title":{"rendered":"Greystone Provides $15.5 Million in Fannie Mae DUS\u00ae Financing for\u00a0Multifamily Property in Albany, Georgia"},"content":{"rendered":"<div> The financing was originated by Rob Meehan and Avrom Forman, both Managing Directors at Greystone, with Yehuda Heller of Seven Stone Capital acting as correspondent.  <\/p>\n<p align=\"left\">Constructed in 1987, <strong>509 North Apartments <\/strong>in Dougherty County is a garden-style apartment community with 14 buildings featuring one- and two-bedroom units. The property\u2019s amenities include a clubhouse, laundry facilities, four swimming pools, a dog park along with tennis and volleyball courts. The $15.9 million non-recourse, fixed-rate Fannie Mae loan features a seven-year term and 30-year amortization.<\/p>\n<p align=\"left\">\u201cWe know that borrowers have a choice and deeply appreciate when they come to Greystone for our expert guidance in uncovering the right financing for their unique needs,\u201d said Mr. Meehan. \u201cOur deep expertise in the multifamily sector and extensive lending platform means that we bring the right tools to the table for any loan transaction.\u201d<\/p>\n<p align=\"left\">\u201cGreystone\u2019s reputation for being the best in the business is well-deserved \u2013 not only did our team possess incredible technical acumen and market savvy but their attention to detail and client service was remarkable,\u201d said Mr. Leon Shweky, principal of the borrower. \u201cEven in today\u2019s market, Greystone put together a financing solution that sets us up for long-term success for an outcome that was even better than we had anticipated.\u201d<\/p>\n<p align=\"left\"><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=c35rEKgoyziYCKEsPSgCt92c-SmFwFr4bP8Q6LBlAb7xx_iTkMm1aqsxHk2lYkmhwdO_egaUVQdy17KWhIjqvxfOes34IhQWJwsZaRnWqb8=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.greystone.com\">www.greystone.com<\/a>.<\/p>\n<p align=\"left\"><strong>PRESS CONTACT:<\/strong><br \/>Karen Marotta<br \/>Greystone<br \/>212-896-9149<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hOn5_9bOIByKyyInKcKNtN-T2YMahbN_gOSOStVm8oasQe3adagYaBjmlV_1mXq4PC0oHnc0FCXg0dzIQkukbBem6oJrGX5e-0ljIMnpLPA=\" 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\/YzkwZTA2ZDMtYjJhYy00YWJhLWE2ZDktNmVlNWE1ZTk3Y2M5LTEwMzQ5NDg=\/tiny\/Greystone.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided a $15,486,000 Fannie Mae Delegated Underwriting &amp; Servicing (DUS\u00ae) loan to refinance a 252-unit multifamily property in Albany, Georgia.<\/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\/12280"}],"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=12280"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/12280\/revisions"}],"predecessor-version":[{"id":12300,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/12280\/revisions\/12300"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=12280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=12280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=12280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}