Greystone Arranges HUD Loan for New Build in Metro Detroit

HUD is a government agency created to help make the American dream of homeownership a real possibility for everyone. Since 1934, HUD’s Federal Housing Administration (FHA) has helped millions of Americans unlock the door to homeownership and have a home of their own.

Greystone provided a million hud-insured loan for the. to be built blocks from the state's Capitol building in Lansing, Michigan.. Metro Place Apartments will be located at 301 W. Lenawee Street on the site. ON THE SCENE: Ariel tapped for largest site in new Queens hood, Cervelli sells five in NJ.

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The Bassuk Organization closes $73.5 million with TIAA-CREF for a luxury apartment community in New York; ARA arranges a 352-unit. Organization and CEO of The Greystone Bassuk Group. “We explored.

NEW YORK, June 02, 2016 (GLOBE NEWSWIRE) – Greystone, a real estate lending, investment and advisory company, today announced it has provided a $25,058,000 Fannie Mae DUS loan to refinance Hidden Lakes Apartments in Kentwood, MI. The transaction was originated by John Marr, a Managing Director at Greystone, on behalf of Alliance Management.

Detroit Housing Occupancy Level Tightens as Chrysler Opens New Office, Relocates Employees – More than one year has passed since the U.S. Department of Housing and urban development (hud) removed detroit from. MI-based Chrysler Group LLC has opened its new Detroit office at 719 Griswold.

Amenities of the 44-building asset include a picnic area. As a result, Arbor and Fannie Mae provided the aggressive loan terms that this sponsor and asset warranted,” said James Fiesel of Arbor’s.

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Walker & Dunlop provides $43.5 million for a New Orleans acquisition; Apartment REIT Home Properties acquires 252 units; and Johnson Capital arranges $5.4M loan for purchase of. Esplanade at City.