{"id":8601,"date":"2023-05-11T01:25:02","date_gmt":"2023-05-11T06:25:02","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-23-8-million-in-fannie-mae-dus-financing-for-multifamily-property-in-boise-idaho\/8601\/"},"modified":"2023-05-11T20:25:02","modified_gmt":"2023-05-12T01:25:02","slug":"greystone-provides-23-8-million-in-fannie-mae-dus-financing-for-multifamily-property-in-boise-idaho","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-23-8-million-in-fannie-mae-dus-financing-for-multifamily-property-in-boise-idaho\/8601\/","title":{"rendered":"Greystone Provides $23.8 Million in Fannie Mae DUS\u00ae Financing for Multifamily Property in Boise, Idaho"},"content":{"rendered":"<div> The financing was originated by Lorie Hanson, Managing Director at Greystone, with Tim Van Valin from Sage Creek Group acting as correspondent.  <\/p>\n<p>Newly constructed in 2022, <strong>Breckenridge Apartments in Canyon County<\/strong> is a garden-style apartment community with 35 buildings that feature one-, two- and three-bedroom units. The $23,791,000 non-recourse, fixed-rate financing carries a 10-year term and 30-year amortization, with seven years of interest-only payments. The property achieved Fannie Mae\u2019s Green Building Certification for its energy and water efficiency.<\/p>\n<p>\u201cGreystone\u2019s extensive lending platform is here to meet client needs through every phase of a project\u2019s lifecycle,\u201d said Ms. Hanson. \u201cWe\u2019re deeply committed to serving the multifamily space and work hard to provide our clients with the right financing and a seamless transaction experience.\u201d<\/p>\n<p>\u201cWe relied on Greystone\u2019s wealth of knowledge in multifamily finance and couldn\u2019t be more pleased,\u201d said Mr. Samuel Rust, principal of the borrower. \u201cOur team delivered exactly what we needed \u2013 they were a true partner though the entire experience and we look forward to working with them again.<\/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=_wl-ypSCEhxR2lmdlnNyH2f-VyO8GTzalossRR4DECBu24PlJ_e5eEF112dSMkoqokjFefaZWPVbuA_hCcSd7A==\" 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=_r3eExIpdNkdqZmsHHWshGs3cHH2aYza4CW7XDgfxXMXdb9o0EFjjPNJaA8HP8PYL9isyeoR9JzHc0Zsclp5RUgVWS4oy5WFWznX_lPbK5k=\" 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\/Y2I3NDBkMDMtZGQ4My00ZDgyLTlmYjItNmViZDc1NjExODFhLTEwMzQ5NDg=\/tiny\/Greystone.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">NEW YORK, April 18, 2023 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided a $23,791,000 Fannie Mae Delegated Underwriting &amp; Servicing (DUS\u00ae) Green Rewards loan for a 160-unit multifamily property in Nampa, 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\/8601"}],"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=8601"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/8601\/revisions"}],"predecessor-version":[{"id":8608,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/8601\/revisions\/8608"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=8601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=8601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=8601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}