{"id":7187,"date":"2022-10-25T02:56:46","date_gmt":"2022-10-25T07:56:46","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-14-million-in-freddie-mac-financing-for-multifamily-property-in-atlanta\/7187\/"},"modified":"2022-10-25T21:56:46","modified_gmt":"2022-10-26T02:56:46","slug":"greystone-provides-14-million-in-freddie-mac-financing-for-multifamily-property-in-atlanta","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-14-million-in-freddie-mac-financing-for-multifamily-property-in-atlanta\/7187\/","title":{"rendered":"Greystone Provides $14 Million in Freddie Mac Financing for\u00a0Multifamily Property in Atlanta"},"content":{"rendered":"<div> The financing was originated by Keith Hires and Carter King in Greystone\u2019s Atlanta office, on behalf of Jefferson Point Apartments, LP.  <\/p>\n<p>Constructed in 1990, <strong>Jefferson Point Apartments in Coweta County<\/strong> consists of 10 garden-style buildings with one-, two- and three-bedroom units. The $13,928,000 non-recourse, adjustable rate financing carries a 10-year term and 30-year amortization along with four years of interest-only payments. In addition to refinancing an existing Fannie Mae loan, loan proceeds enable the borrower to monetize their equity in the property.<\/p>\n<p>\u201cOur multifamily expertise and our deep lending platform mean that we can find the right financing for our clients, even during challenging market cycles,\u201d said Mr. Hires. \u201cGreystone is known for its willingness to be creative and find solutions where others fall short \u2013 we are passionate about helping our clients realize their vision for the multifamily properties in their portfolio.\u201d<\/p>\n<p>\u201cOur Greystone team continues to go above and beyond on every transaction, weighing in with tremendous insights and expertise on every property,\u201d said Mr. Alexis V. Lewis, principal of the borrower and a longtime client of Greystone. \u201cThey are our go-to partner for our multifamily portfolio and we look forward to working with them again in the future.\u201d<\/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=nionrIVpWM35Xk3zRLYSYwQsXurQWDJe5TLGbhtTXa5FFwON1846WAjMsASeJmvp5qExfBBqFIs2ULW-BK5AfA==\" 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=CYxsZf08e-pmPPpUeRFgEE2M7CHcTtKcZBtPPTMtGp3A3xom47zbcjDiHkbxXegfBNLJ86gUsuGBsgv08gAR2sl1gUXenbeeQdEFP--fj2c=\" 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\/NmEyZmQxYzAtMjhiNi00ZTViLTg3NDktYTBmMDYwZWVlOTUxLTEwMzQ5NDg=\/tiny\/Greystone.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">NEW YORK, Sept. 29, 2022 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided a $13,928,000 Freddie Mac loan to refinance a 120-unit multifamily property in Newnan, Georgia.<\/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\/7187"}],"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=7187"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/7187\/revisions"}],"predecessor-version":[{"id":7206,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/7187\/revisions\/7206"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=7187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=7187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=7187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}