Greystone Arranges HUD Loan for New Build in Metro Detroit

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NEW YORK, July 17, 2017 (GLOBE NEWSWIRE) — Greystone, a real estate lending, investment and advisory company, announced it has provided $23,452,300 in HUD-insured financing for the construction.

HFF worked on behalf of the borrower, a venture between The Fallon Company and Massachusetts Mutual Life Insurance Company (MassMutual), as advised by Cornerstone Real Estate Advisers, to secure the.

The Three Biggest Advantages to a 203K Home Loan. 2. It’s Easier to Seal the Deal. Sellers who need to make improvements under some mortgages such as HUD 203 B may be required to make improvements before closing, but don’t have out of pocket expenses for those required fixes. When a buyer stipulates a 203K home loan in a purchase agreement,

The Graystone Hotel currently has one or more vacancies available.

Greystone provided a $17 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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Greystone Provides $79M FHA Loan for Michigan Portfolio. The portfolio includes both market-rate and affordable housing communities that will be renovated using the funds.

The three-story building will consist of approximately 55,000 rentable square feet and will offer 64 assisted living apartments and 32 memory care units. Common-area amenities will include: Solera’s.

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“The buyer has an opportunity to add value to the property in a market that is seeing new. firm Greystone has provided a $15.1 million bridge loan to Dallas-based Presidium Group for the.

Berkadia has arranged financing for the Magnolia Green. loan for the Moseley property through the company's HUD program and also. of a thriving new urbanism community in Chesterfield County,” Gay said, in prepared remarks.. access to the Wiehle-Reston East Station on the Metro Silver Line.

VA Builder ID is Required When Buying New Construction Using a VA Loan – OVM Financial VA Construction Loans: How to Build a Home with a VA Loan. This no-down payment program allows qualified borrowers to use their VA loan entitlement to obtain a mortgage for new construction. But it can be challenging to find lenders willing to make a true $0 down VA construction loan. The VA basically insures loans,