Deals & Dealmakers
Blackstone assumes $200M Fannie Mae mortgage for Kips Bay Court buy
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Blackstone Group will finance its reported $620 million purchase of Kips Bay Court by assuming the property’s existing $200.1 million Fannie Mae mortgage
Debt & Equity
Greystone antes up $17M Williamsburg loan
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Greystone has provided a $17 million Fannie Mae DUS loan to exit construction financing for 152 Manhattan Avenue in Williamsburg, Brooklyn.
Debt & Equity
Staten Island Urby refinanced with $133M Fannie Mae loan
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Greystone has provided a $132,965,000 Fannie Mae loan for Staten Island Urby, a two-building, 571-unit 80/20 mixed-income multifamily rental apartment
Debt & Equity
Jersey buyer closes $33M loan for CT acquisition
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Greystone provided a $33,660,000 Fannie Mae DUS loan for the acquisition of Park Square West, a multifamily community located in Stamford, CT.
Construction & Design
Fannie Mae launches $10M challenge to build healthy houses
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Fannie Mae has issued a call for ideas on healthy affordable housing as part of it part of its Innovation Challenge to build homes that are good for you.
Debt & Equity
Jersey buyer secures $33M for Stamford multifamily acquisition
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Greystone announced it has provided a $33,660,000 Fannie Mae DUS loan for the acquisition of Park Square West, a multifamily community in Stamford, CT.
Debt & Equity
Arbor streamlines process
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Arbor Realty Trust funded a Fannie Mae Streamlined Rate Lock (SRL) loan in Dallas, TX. Alexan Riveredge, a 309-unit multifamily property, received $29.
Deals & Dealmakers
WHO’S NEWS: GPG gets new director, Fannie Mae names successor to board
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Building Engines announced the appointment of Scott Morey, Executive Director of GPG Advisers, to the company’s Board of Directors. Moray has 30 years
Banking and Finance
Fannie Mae reducing portfolio, now selling re-performing loans
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Fannie Mae on Tuesday has begun marketing its thirteenth sale of re-performing loans as part of the company’s ongoing effort to reduce the size of
Debt & Equity
Green rewards program affords developer some loan flexibility
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Arbor Realty Trust, a real estate investment trust and national direct lender, announced the combined funding of $20,190,000, under the Fannie Mae DUS
Deals & Dealmakers
Eastern Union Funding app the ‘next big disruptor’
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Eastern Union Funding is set to blow the roof off commercial mortgage business with a new app that will put previously unavailable information in the hands of brokers.
Banking and Finance
Greystone stacks up $164M for multifamily investment group
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Greystone has provided $125,200,000 in Fannie Mae financing as part of a recapitalization effort for a $163,500,000 portfolio of multifamily properties