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Greystone Closes $96M CMBS Loan for Portfolio Acquisition
A 1,856-unit portfolio in Raleigh, N.C., & Dallas/Forth Worth trades hands; Capital One Multifamily Finance refinances a Sacramento apartment asset; and Berkeley Point Capital helps cut a borrower’s refinance interest rate by 50 percent.
Bascom Buys 222 Units in Las Vegas
The Bascom Group picks up a Vegas apartment asset for $22.5 million; Greystone closes $59.3 million for a multifamily portfolio in Texas; and HAP Investments is in contract to buy a downtown site in Jersey City, N.J.
Robert Russell Joins Greystone as Head of CMBS Production and Managing Director of Fannie Mae/Freddie Mac Originations
Greystone, a leading national provider of multifamily and healthcare mortgage loans, today announced it has appointed Robert Russell as the head of CMBS Production and managing director for the firm’s Fannie Mae and Freddie Mac platform.
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