NEW YORK, NY - Greystone, a leading national commercial real estate finance firm, provided a $23,484,000 Fannie Mae DUS® loan for the acquisition of a multifamily property comprising 200 units in Indianapolis, Indiana. The financing was originated by Avi Kozlowski, Managing Director at Greystone.
The non-recourse Fannie Mae Green Rewards financing is a 10-year loan with a fixed rate, and is interest-only with a 30-year amortization period. The property was built in 1972 and contains four one-bedroom/one-bath units; 115 two-bedroom/one-and-one-half bath townhome units; and 81 three-bedroom/one-and-one-half-bath townhome units. On-site amenities include a leasing office/clubhouse with fitness center, business center, playground, BBQ/picnic area and swimming pool.
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