{"id":1492,"date":"2020-12-20T19:43:29","date_gmt":"2020-12-21T01:43:29","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-58-65-million-freddie-mac-loan-to-refinance-a-multifamily-property-in-naples-florida\/1492\/"},"modified":"2020-12-21T13:43:29","modified_gmt":"2020-12-21T19:43:29","slug":"greystone-provides-58-65-million-freddie-mac-loan-to-refinance-a-multifamily-property-in-naples-florida","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-58-65-million-freddie-mac-loan-to-refinance-a-multifamily-property-in-naples-florida\/1492\/","title":{"rendered":"Greystone Provides $58.65 Million Freddie Mac Loan to Refinance a Multifamily Property in Naples, Florida"},"content":{"rendered":"
The transaction was originated by Dan Sacks, Managing Director in Greystone\u2019s New York office, on behalf of The Embassy Group. <\/p>\n

The $58.65 million Freddie Mac floating rate loan, which refinances an existing Fannie Mae loan provided by Greystone to acquire the property in 2017, carries a 10-year term with a 30-year amortization and five years of interest-only payments.<\/p>\n

Originally constructed in 2007, Amberton Townhomes<\/strong> consists of 306 two- and three-bedroom units in 39 two- and three-story buildings set across professionally landscaped grounds. Each townhome features in-unit laundry and modern appliances as well as attached, private garages and outdoor living space. Residents have access to the gated community\u2019s clubhouse, pool and fitness center. The pet-friendly property offers easy access to Interstate 75, and is centrally located near the area\u2019s dining, entertainment, beach and shopping venues.<\/p>\n

\u201cOur focus is on finding \u2018just-right\u2019 financing solutions so our clients can have the best financing behind the properties in their portfolios through every iteration of the market,\u201d said Mr. Sacks. \u201cOur clients come back to us because our white-glove service experience means we\u2019ll deliver the transaction terms they need, every time.\u201d<\/p>\n

\u201cAfter working with our Greystone team to acquire this property a few years ago, there was never a question whether we would come back to them,\u201d said Mr. David Willner, principal, The Embassy Group. \u201cWhether we\u2019re talking about securing the right financing or handling a transaction from start to finish, Dan and his team are simply the best at exceeding our expectations on every level.\u201d<\/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

\n

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

\n

NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) — Greystone, a leading private national commercial real estate finance company, has provided a $58,653,000 Freddie Mac loan to refinance a 306-unit multifamily property in Naples, Florida.<\/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\/1492"}],"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=1492"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/1492\/revisions"}],"predecessor-version":[{"id":1494,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/1492\/revisions\/1494"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=1492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=1492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=1492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}