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Greystone Provides $17.5 Million In Financing For Affordable Multifamily Property In Tampa

Jan 24, 2022•over 3 years ago

Amount Raised

$17.5 Million

New YorkFinancial Services

Description

Greystone, a leading national commercial real estate finance company, has provided a $17,570,000 Freddie Mac Targeted Affordable Housing (TAH) loan for a 559-unit multifamily property in Tampa, Florida. The transaction was originated by Ryan Harkins, Director at Greystone, on behalf of the Michaels Development Company.

Company Information

Company

Greystone

Location

New York, New York, United States

About

Founded in 1988, Greystone is a private commercial real estate finance and investment company with unmatched experience in debt, equity, investment sales and loan servicing solutions. The firm is the #1* overall HUD multifamily and healthcare lender by firm commitments, and a top 10 Fannie Mae and Freddie Mac multifamily real estate lender. In 2022, Greystone produced $16 billion in CRE transaction volume and currently manages a combined primary and special loan servicing portfolio of over $89 billion across a wide variety of commercial property types. In addition, last year Greystone entered into a strategic joint venture with Cushman & Wakefield, the number two ranked brokerage in the nation as reported by Commercial Property Executive. Together, the partners provide full-service investment sales, advisory and lending services.

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