{"id":17737,"date":"2026-03-01T18:12:44","date_gmt":"2026-03-02T00:12:44","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-34-3-million-bridge-financing-for-affordable-multifamily-property-in-raleigh-north-carolina\/17737\/"},"modified":"2026-03-02T12:12:44","modified_gmt":"2026-03-02T18:12:44","slug":"greystone-provides-34-3-million-bridge-financing-for-affordable-multifamily-property-in-raleigh-north-carolina","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-34-3-million-bridge-financing-for-affordable-multifamily-property-in-raleigh-north-carolina\/17737\/","title":{"rendered":"Greystone Provides $34.3 Million Bridge Financing for Affordable Multifamily Property in Raleigh, North Carolina"},"content":{"rendered":"<div> The financing was originated by Greystone Managing Director Gill Dolan, on behalf of Brazos Chelsea Apartments, LLC.  <\/p>\n<p>Constructed in 1985 and located in Wake County, <strong>Anson at North Hills<\/strong> is a community consisting of 15 garden-style buildings with one- and two-bedroom units, with 100% of the units restricted to 80% area median income (AMI). Residents enjoy amenities such as a fitness center, two swimming pools, playground, dog park, grilling stations, as well as on-site laundry facilities and parking. Greystone\u2019s interest-only bridge loan carries a 24-month term with two six-month extension options.<\/p>\n<p>\u201cWe\u2019re excited that this bridge execution was the right solution for Brazos and positions the property well for long-term success,\u201d said Mr. Dolan. \u201cGreystone\u2019s ability to deliver practical solutions in competitive markets helps our clients strengthen their assets and improve the quality of housing for the residents they serve.\u201d<\/p>\n<p>\u201cGreystone was the right partner for this transaction, particularly given how important a year-end closing was,\u201d said William Hancock, principal of the borrower. \u201cGreystone stayed focused and responsive and closed in 47 days, including the holidays. We appreciate their commitment to getting the deal done.\u201d<\/p>\n<p><strong>About Greystone<\/strong><\/p>\n<p>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=j-Sq0MPaRLYGWKgl2JKeWzBJdakxDXtuPik30LuzjZvuy0RkCKOcOZ2fq9dM43-f_oTOza6f5oRRIm80VHK7KyMq85MSmkFd7iVbNhEGLyk=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.greystone.com\">www.greystone.com<\/a>.<\/p>\n<p><strong>MEDIA CONTACT:<\/strong><br \/>Fran Del Valle<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sigdZC_UXr8lMicBOeXFSQqi-jDnv1LtfdLsARnzvmV7B76GwHlWwkygR7Vej-DWBKc83vgAs_LLNUf5Ilv7TNsDXcfyQ30qam85Y6Bswj47OAu-Gyji0lSUV8MCnpl8\" rel=\"nofollow noopener\" target=\"_blank\" title=\"fran@influencecentral.com\">fran@influencecentral.com<\/a><\/p>\n<p><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/NDFkZTkxOWYtNmE5Yi00YjFiLWFkNWYtNGM1ODUyMzUxYTk4LTEwMzQ5NDgtMjAyNi0wMi0xMi1lbg==\/tiny\/Greystone.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">NEW YORK, Feb. 12, 2026 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided a $34,250,000 bridge loan to refinance a 280-unit affordable multifamily property in Raleigh, North Carolina.<\/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\/17737"}],"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=17737"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/17737\/revisions"}],"predecessor-version":[{"id":17744,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/17737\/revisions\/17744"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=17737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=17737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=17737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}