Congressional Bank

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    The firm worked on behalf of a private buyer to secure the Freddie Mac loan for the acquisition of Lincoln Green, a 636-unit property in Philadelphia.

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    Both Fannie Mae Green Rewards loans include a 10-year term and a low fixed rate. Greystone originated the refinancing on behalf of Singh Development Co.

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    The property encompasses more than 250 units and is located in the northern part of the city. The deal was subject to a $22.1 million Fannie Mae loan.

    27 November 2018 13:49