{"id":4834,"date":"2022-01-04T20:10:30","date_gmt":"2022-01-05T02:10:30","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-10-9-million-fannie-mae-financing-for-washington-state-multifamily-property\/4834\/"},"modified":"2022-01-05T14:10:30","modified_gmt":"2022-01-05T20:10:30","slug":"greystone-provides-10-9-million-fannie-mae-financing-for-washington-state-multifamily-property","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-10-9-million-fannie-mae-financing-for-washington-state-multifamily-property\/4834\/","title":{"rendered":"Greystone Provides $10.9 Million Fannie Mae Financing for Washington State Multifamily Property"},"content":{"rendered":"<div> The transaction was originated by Lorie Hanson, Managing Director at Greystone, with Mark Dibble of DSC Capital, LLC, acting as correspondent on behalf of Apartments 58, LLC.  <\/p>\n<p align=\"left\">Constructed in 2018,<strong> Lipoma Firs Townhomes<\/strong> is a rental property in the South Hill area of Pierce County, consisting of 56 two- and three-bedroom townhome-style units. The fixed-rate $10.9 million Fannie Mae loan features a seven-year term and 30-year amortization, as well as full-term interest-only payments, and represents 51% loan-to-value.<\/p>\n<p align=\"left\">\u201cOur Greystone team shared our passion for this property \u2013 they embraced our vision and tapped into their extensive lending platform to get us the financing terms that were right for our needs,\u201d said Mr. Cary Falk, principal of the borrower. \u201cGreystone\u2019s deep expertise and commitment to multifamily were on display throughout this transaction and we look forward to partnering with them again in the future.\u201d<\/p>\n<p align=\"left\">\u201cFirst and foremost, Greystone believes that everyone deserves quality housing, so we are always looking for ways to help our clients be successful with their portfolios,\u201d said Ms. Hanson. \u201cOur deep multifamily lending platform enables us to deliver where others can\u2019t, and our client-first approach to service and execution is what keeps our clients coming back.\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=wOVrL5OSitAEvroK45EA9GaHhBZHUzb_Sm868aRyQOaP3XY6LcEufnuB8IXZ8dwdtdMVfoHElpPbfPmF9TtPkA==\" rel=\"nofollow noopener noreferrer\" 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=4DAFQuPRF-1KHW07uB-fgFPt_eJysfXZ4LowL6VWvA-TSgsQrlQjuytbyfdGZ7cfyMMUB3vq_xqU4SsKDVfk3rfCOaGYJiRj-mIhWvCNHtg=\" rel=\"nofollow noopener noreferrer\" 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\/OWY3ODc1MDQtNTRmNS00NDEwLTg2YjItOGIwYjc3M2ZmOWJhLTEwMzQ5NDg=\/tiny\/Greystone.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">NEW YORK, Dec. 07, 2021 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided a $10,920,000 Fannie Mae Delegated Underwriting Services (DUS\u00ae) loan to refinance a 56-unit multifamily property in Puyallup, Wash.<\/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\/4834"}],"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=4834"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/4834\/revisions"}],"predecessor-version":[{"id":4847,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/4834\/revisions\/4847"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=4834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=4834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=4834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}