Greystone

August 2, 2016 Comments Off on Greystone’s $106M Finances Texas MF Portfolio Buy Views: 291 California, Dallas-Fort Worth, Illinois, Midwest, National News, Southwest, Texas, Texas News, West

Greystone’s $106M Finances Texas MF Portfolio Buy

Greystone has provided $106.9 million in Fannie Mae Delegated Underwriting and Servicing (DUS) loans for the acquisition of six Texas multifamily properties. Greystone’s Rob Russell secured the funds on behalf of buyer InterCapital Group LLC of Chicago. McDowell Properties, headquartered in San Francisco, sold the portfolio.

The properties, totaling 1,711 units, are in Lewisville, Benbrook, Euless and Irving, TX, all Dallas-Fort Worth suburbs. “We are pleased to have had the opportunity to leverage our deep Fannie Mae lending experience and knowledge of the Texas market on behalf of the borrower, and look forward to helping them continue to add value to their portfolio,” said Joe Mosley, Executive Managing Director and head of Agency lending at Greystone.

Join multifamily experts on September 15 at Connect Apartments to learn the latest industry news and trends!

Read More at Globe Newswire

Connect with Greystone’s Russell

For comments, questions or concerns, please contact Amy Sorter

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: , , , , ,

Comments are closed.