{"id":8776,"date":"2023-06-08T06:23:05","date_gmt":"2023-06-08T11:23:05","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-32-million-in-fannie-mae-dus-financing-for-multifamily-property-in-houston-texas\/8776\/"},"modified":"2023-06-09T01:23:05","modified_gmt":"2023-06-09T06:23:05","slug":"greystone-provides-32-million-in-fannie-mae-dus-financing-for-multifamily-property-in-houston-texas","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-32-million-in-fannie-mae-dus-financing-for-multifamily-property-in-houston-texas\/8776\/","title":{"rendered":"Greystone Provides $32 Million in Fannie Mae DUS\u00ae Financing for Multifamily Property in Houston, Texas"},"content":{"rendered":"<div> The financing was originated by Anthony Cristi, Managing Director at Greystone, with Gregory Vassilakos of Cosmos Capital Group acting as correspondent.  <\/p>\n<p>Constructed in 2004, <strong>The Villas at Foxbrick <\/strong>in Harris County is a 24-building garden-style apartment community that offers one- and two-bedroom units. The $32,173,000 non-recourse, fixed-rate financing carries a seven-year term and 30-year amortization. In addition to refinancing, loan proceeds enable the borrower to monetize a portion of their equity in the property.<\/p>\n<p>\u201cGreystone\u2019s extensive multifamily lending platform, coupled with our deep industry expertise, enables us to address our clients\u2019 capital needs through every phase of a property\u2019s lifecycle,\u201d said Mr. Cristi. \u201cFor every client, our goal is to deliver thoughtful and sophisticated financing solutions flawlessly executed through seamless transaction experiences.\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=Y8UwmSPsGT0QqW_nOKdvufFhy-FwbYG-r3wtaGGEG0PUyZY5ScA6Q1FfB3X8ABzQJtdNaYKcgAGpcxPaRQQwHg==\" 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=FtauPReOJ7pRw2epO5hx9EAP9QUoBm4MvrCAMKFzcSn8wUSyAlSMqmeR_hL4K9i36l891BL8rFYd_rLBaGsQ8SqhkbNXZ-KoN9xurZNfXjY=\" 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\/NTJjNWFjOTktNGVlZS00NmE3LTlmODctNTVlYTg4NzM3MTAyLTEwMzQ5NDg=\/tiny\/Greystone.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided a $32,173,000 Fannie Mae Delegated Underwriting &amp; Servicing (DUS\u00ae) loan for a 412-unit multifamily property in Humble, Texas.<\/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\/8776"}],"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=8776"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/8776\/revisions"}],"predecessor-version":[{"id":8797,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/8776\/revisions\/8797"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=8776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=8776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=8776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}