Greystone grants $ 9.35 million DUS loan to Fannie Mae to refinance 300-unit multi-family community in Oak Creek, Wisconsin


NEW YORK, NY – Greystone, a leading national commercial real estate finance company, has provided a loan of $ 9,350,000 to Fannie Mae Delegated Underwriting and Servicing (DUS®) to refinance a multi-family property in Oak Creek, Wisconsin. The transaction was initiated by Clint Darby, Managing Director of Greystone.

Fannie Mae’s $ 9.35 million loan has a fixed rate and a 10-year term with 30-year amortization. The Non-Recourse Loan refinances Country Oaks Apartments, a community of 300 units located in the Milwaukee metro area. The property includes amenities such as a swimming pool and a stackable washer / dryer in each unit.

“It has been a pleasure working with this team as they develop their portfolio,” said Mr. Darby. “We are delighted when customers choose to come back to Greystone time and time again, and we can work to find new financing terms to help our customers. “

“Greystone’s commitment and knowledge is the reason we continue to use Clint and his team,” said Mr. Deshur, Principal Borrower. “Greystone has been our trusted advisor as we have grown our portfolio, and we look forward to future projects together. “

About Greystone: Greystone is a national private commercial real estate finance company with an established reputation as a leader in multi-family and healthcare finance, having been ranked among the top lenders by FHA, Fannie Mae and Freddie Mac in these industries. Loans are offered by Greystone Servicing Company LLC, Greystone Funding Company LLC and / or other companies affiliated with Greystone. For more information, visit www.greystone.com

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