NEW YORK, NY - Greystone, a leading national commercial real estate finance firm, provided $25,160,000 in Fannie Mae DUS® financing to refinance a two-property apartment complex comprising 293 units in Columbus, OH. The loan was originated by Avi Kozlowski, Managing Director at Greystone.
The non-recourse Fannie Mae financing carries a 7-year fixed-rate loan with a 30-year amortization and refinances the property that was acquired in 2021, enabling $1.9 million for renovations and upgrades. All units are two-bedroom/one-bath townhomes, with common amenities including a playground, BBQ area, and dog park, that are under construction.
About Greystone: 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 www.greystone.com