Dealmaker: Greystone Provides $15.4M for Midwest Multifamily Portfolio

Greystone, New York, provided a total of $15.4 million in Fannie Mae Delegated Underwriting and Servicing (DUS) financing to refinance two properties in Wisconsin and Illinois.

The financing was originated by Greystone’s Kyle Jemtrud, Managing Director, and Wilson Molitor, Director.

Each of the portfolio’s non-recourse, fixed-rate financings carry a seven-year term and 30-year amortization schedule, with interest-only payments for the entire term of the loan.

The transactions include $7.7 million for Geneva Meadows Apartments, a 108-unit multifamily property in Lake Geneva, Wis., and 7.7 million for Antioch Manor Apartments, a 145-unit multifamily community in Antioch, Ill.