{"id":12386,"date":"2024-09-25T04:28:24","date_gmt":"2024-09-25T09:28:24","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-21-5-million-in-fannie-mae-dus-financing-for-multifamily-portfolio-in-harlem\/12386\/"},"modified":"2024-09-25T23:28:24","modified_gmt":"2024-09-26T04:28:24","slug":"greystone-provides-21-5-million-in-fannie-mae-dus-financing-for-multifamily-portfolio-in-harlem","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-21-5-million-in-fannie-mae-dus-financing-for-multifamily-portfolio-in-harlem\/12386\/","title":{"rendered":"Greystone Provides $21.5 Million in Fannie Mae DUS\u00ae Financing for Multifamily Portfolio in Harlem"},"content":{"rendered":"<div style=\"float:right;padding:0 0 15px 20px;margin:15px 0 20px 20px;width:300px\">&#013;<\/p>\n<p>The Count<\/p>\n<p>&#013;<\/p>\n<figure>&#013;<br \/>\n    <img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" title=\"The Count\" alt=\"The Count\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/d3455695-53be-429e-9886-db3ae2f3bc95\">&#013;<figcaption>The Count<\/figcaption>&#013;<br \/>\n  <\/figure>\n<p>&#013;\n<\/p><\/div>\n<p align=\"left\">NEW YORK, Aug.  23, 2024  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_QmcS_-oO4G74bJaz58SZFONQATbStBNHf25Bt34S5FPlW2fOsCEIblVHbzDaGt-KIvxZPW7WP3pX_NtpyJFzQ==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Greystone\">Greystone<\/a>, a leading national commercial real estate finance company, has provided a total of $21,503,000 in Fannie Mae Delegated Underwriting &amp; Servicing (DUS\u00ae) loans to refinance two multifamily properties in New York City\u2019s Harlem neighborhood. The financing was originated by Avi Kozlowski, a Managing Director at Greystone on behalf of Josef Goodman of Haussman Development.<\/p>\n<p>Each of the non-recourse, fixed-rate loans in the portfolio carries a five-year term and 30-year amortization schedule, with interest-only payments for the first two years of the term. The portfolio includes:<\/p>\n<ul type=\"disc\">\n<li>$11,379,000 for <strong>The Duke<\/strong>, a 28-unit midrise apartment building located at 521 W. 134<sup>th<\/sup> Street\n<\/li>\n<li>$10,124,000 for <strong>The Count<\/strong>, a 27-unit midrise apartment building located 168 W. 136<sup>th<\/sup> Street<\/li>\n<\/ul>\n<p>\u201cClients trust Greystone to help them achieve their goals because we know the ins and outs of multifamily finance,\u201d said Mr. Kozlowski. \u201cOur careful and creative approach, coupled with our extensive lending platform, means that we can deliver exceptional solutions quickly and seamlessly for our clients.\u201d<\/p>\n<p>\u201cNo one is more knowledgeable about multifamily finance than Greystone \u2013 they have set the bar high when it comes to industry knowledge, product depth and of course, service,\u201d said Mr. Josef Goodman, principal of the borrower. \u201cWe\u2019re grateful for Greystone\u2019s attention to detail and guidance throughout this process and look forward to working with our team in the future.\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=9VnvjMHlbN2_iYkw66aTyd4Zl52SCbgcdBIcKC6V1CYw_lIayW1L2mogM19yOLSHGYQ5AOKzkoLYc9GjpazfzoWi3fyldN2Mge5u8M7bMGc=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.greystone.com\">www.greystone.com<\/a>.<\/p>\n<p align=\"justify\"><strong>PRESS CONTACT:<\/strong><br \/>Karen Marotta<br \/>Greystone<br \/>212-896-9149<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JHck4HkFVNBuDNlPIXgquVjGaaRejBnIYS83uBQEPH-C0ctJWkxTULZXbnun9wWFClig4NenN-O2aK4WGZXu6JJQljB92slnfywu_ZaImQs=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Karen.Marotta@greyco.com\">Karen.Marotta@greyco.com<\/a><\/p>\n<p>Photos accompanying this announcementare available at:<\/p>\n<p><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=y_Zb_n9xrdJye6khkdUG16QTbSid8o2fLZ9gzxSPuOa-k9g7TdeQrVho9qJMErZdceP4bHHsB6L_wBG-FyNwVYtkTGTd-QDgejHd2lJQif6NeAKzQVxZGRh4KKmZXFgfpbWX3yCFv7jKERKsJUsjKdscEyi8Uh2r_jZ3RM_DEpuZPj5qFMo0glIfVmGNbOnpu7Bi4XB1bKJNbIrS2OSLno5eCQIOzZrOyh-k9Y7ACyhMD2i53KpYBUZKpOuWNgOpEhSUNAV7a7QjyVJN74mW6g==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/0de37166-18db-43e7-bcd8-dfcddb721b2d<\/a><\/p>\n<p><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=y_Zb_n9xrdJye6khkdUG16QTbSid8o2fLZ9gzxSPuOa-k9g7TdeQrVho9qJMErZdc2ovtBTNieBVzykZiWvKHB9f4qDHZL4HyyCVd3qgaSSBFjrofjGPYlcYkGEhaiN_sJ5k78Ts3irfceP6tkoxemtXe9fc2Nl7uj-XA1SWmmh6wE1a-NOUC1obHXofnmhYO8sGKxVo7uVxQoTIk6wZl9u8kSvLb3WuLRNbzvphWvaVKSvotl7vaPd6gQUNsd9hVRrvQR_ENjJSuNEfD7SQ0Q==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/d3455695-53be-429e-9886-db3ae2f3bc95<\/a><\/p>\n<p><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/Njk5MWRlOWEtNmUyZS00YTliLWEzMGYtYjVlMWI4NTdhYjU2LTEwMzQ5NDg=\/tiny\/Greystone.png\"><\/p>\n","protected":false},"excerpt":{"rendered":"<div>\n<div>&#013; <\/p>\n<p>The Duke<\/p>\n<p>&#013; &#013; <img src=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/0de37166-18db-43e7-bcd8-dfcddb721b2d\" title=\"The Duke\" alt=\"The Duke\" \/>&#013; The Duke&#013; &#013;<\/div>\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\/12386"}],"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=12386"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/12386\/revisions"}],"predecessor-version":[{"id":12487,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/12386\/revisions\/12487"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=12386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=12386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=12386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}