Greystone Structures $31.3M in Acquisition Financing for Multifamily Property in Merrillville, Indiana

Greystone Structures $31.3M in Acquisition Financing for Multifamily Property in Merrillville, Indiana

MERRILLVILLE, IND. — Greystone has provided a $26.3 million Freddie Mac loan to finance the acquisition of Tiberon Trails Apartments in Merrillville. Additionally, Greystone Equity Services brought in MORE Capital, an affiliate of Morgan Properties, as a preferred equity provider. MORE Capital supplied a nearly $5 million preferred equity loan in conjunction with the Freddie Mac financing. Eric Rosenstock of Greystone originated the Freddie Mac …

Greystone Provides $31M in Financing for Multifamily in Indiana

Greystone has provided a $26.32 million Freddie Mac loan to finance the acquisition of Tiberon Trails apartments, a multifamily property in Merrillville, Indiana. The financing was originated by Eric Rosenstock, Senior Managing Director at Greystone, on behalf of Bayshore Properties, a long-time Greystone client. In addition, Greystone Equity Services brought in MORE Capital (an affiliate of Morgan Properties) as a preferred equity provider, whi…

Greystone Leads $31M Financing for Indiana Apartments Acquisition

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