{"id":13371,"date":"2025-01-15T05:43:31","date_gmt":"2025-01-15T11:43:31","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-21-million-bridge-loan-for-new-townhome-community-in-utah\/13371\/"},"modified":"2025-01-15T23:43:31","modified_gmt":"2025-01-16T05:43:31","slug":"greystone-provides-21-million-bridge-loan-for-new-townhome-community-in-utah","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-21-million-bridge-loan-for-new-townhome-community-in-utah\/13371\/","title":{"rendered":"Greystone Provides $21 Million Bridge Loan for New Townhome Community in Utah"},"content":{"rendered":"<div> The financing was originated by Lorie Hanson, Managing Director at Greystone, on behalf of Rich Day Group (RDG).  <\/p>\n<p>Recently constructed and located just outside of Salt Lake City, <strong>Erin Hills Estates<\/strong> is a 61-unit luxury townhome-style rental community. The pet-friendly property\u2019s amenities include a park and future pickle ball courts, with meticulous landscaping and sweeping views of the Wasatch Front.<\/p>\n<p>\u201cIt was a pleasure to help our client really bring Erin Hills to completion for lease-up and stabilization with this bridge loan,\u201d said Ms. Hanson. \u201cWe are dedicated to delivering outstanding results for our clients, providing seamless and swift solutions with excellence every time.\u201d<\/p>\n<p>\u201cThe success of Erin Hills is a direct result of Greystone\u2019s participation and guidance on this transaction,\u201d said Rich Day of RDG.<\/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=CofqMDkPhV29ww6whaMsmLZ3wccSEBIyEvO6RbCVMv3cIdC-Gc2RW0WU0uj_uAXzE8Fj3_EdX3vjX4yJJAVwxI78lafHMefXk1eP1ciU8_g=\" 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=jfYvSrg0zxGYA9asGND-qrEdNUriJP0vYuB1epJPZQ-7FfjZYx-BES6DmjmAz7SCNkdXZnlbwdpLJs0YlcwR0o0pvXzBd8iHw3G9fs9Algo=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Karen.Marotta@greyco.com\">Karen.Marotta@greyco.com<\/a><\/p>\n<p><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/ZDNmNGI0YjctY2Q5OS00YTI4LTk1NmEtMGVkYTM2NjJiMzA1LTEwMzQ5NDg=\/tiny\/Greystone.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided a $21,000,000 bridge loan for a multifamily property in West Valley City, Utah.<\/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\/13371"}],"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=13371"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/13371\/revisions"}],"predecessor-version":[{"id":13374,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/13371\/revisions\/13374"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=13371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=13371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=13371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}