{"id":6637,"date":"2022-07-29T11:07:44","date_gmt":"2022-07-29T16:07:44","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-20-6-million-in-fannie-mae-financing-for-two-idaho-multifamily-properties\/6637\/"},"modified":"2022-07-30T06:07:44","modified_gmt":"2022-07-30T11:07:44","slug":"greystone-provides-20-6-million-in-fannie-mae-financing-for-two-idaho-multifamily-properties","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-20-6-million-in-fannie-mae-financing-for-two-idaho-multifamily-properties\/6637\/","title":{"rendered":"Greystone Provides $20.6 Million in Fannie Mae Financing for Two Idaho Multifamily Properties"},"content":{"rendered":"<div> The transaction was originated by Lorie Hanson, Managing Director at Greystone.  <\/p>\n<p align=\"left\">The 264-unit multifamily portfolio properties are located a half mile apart and serve a student population of BYU-Idaho and residents of Rexburg with a mix of one- and two-bedroom units. Both properties were refinanced with 10-year term Fannie Mae loans from their original acquisition financing secured in 2020.<\/p>\n<p align=\"left\">\u201cQuality housing in Rexburg is critical to the general and student population in the area, as is evident by the 100% occupancy of both subjects, and we are thrilled to have helped the borrower secure this long-term financing solution as they grow and optimize their portfolio,\u201d said Ms. Hanson.<\/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=ATBxSXlNVNrMfXrykmZXwqRYCMPxk30O0TZL8cIFP0hTZxAj_FZy65oLG2fbtjW7HiDp0tlTgy6uB2mNkDufEA==\" rel=\"nofollow noopener\" 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=Yp4_j_n63C_YSDDn9tfhX3E5ZOCX-xGgE9r53qdxNOkxJs1AA4EQXJa_ecpka6I2eYSaC8VeupMS4Pb6RuJaFz9YTMKdLQ-UDRgCzymh5ts=\" rel=\"nofollow noopener\" 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\/ODNjNTkxZDMtNmY5YS00OGNkLWJlNmYtZWQ3Y2MzN2NkMTVlLTEwMzQ5NDg=\/tiny\/Greystone.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">NEW YORK, July 05, 2022 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided $20,661,000 in Fannie Mae Delegated Underwriting Services (DUS\u00ae) financing for two multifamily properties in Rexburg, Idaho.<\/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\/6637"}],"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=6637"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/6637\/revisions"}],"predecessor-version":[{"id":6651,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/6637\/revisions\/6651"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=6637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=6637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=6637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}