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Stock impact report

Greystone Closes $22.9 Million in Total Debt Placement and Preferred Equity Financing for Fort Worth, Texas Multifamily Property [Yahoo! Finance]

Federal National Mortgage Association (FNMA) 
Company Research Source: Yahoo! Finance
loan debt placement and preferred equity component to refinance a 248-unit multifamily property located in Fort Worth, Texas. The financing, $22.9 million in total, was originated by Lance Wright, Managing Director at Greystone, with Greystone's Thomas Wayda, Managing Director, and Dante Distefano, Analyst, handling the debt placement and Matthew Zisler, Senior Managing Director, securing the preferred equity on behalf of the client, MBP Capital Partners. The Barcelona on Chisolm Trail is a 17-building community spanning over 10 acres of land, and includes community amenities such as a swimming pool, playground, dog park, outdoor lounge areas, business center, fitness center, and clubhouse. The property is located in one of the most retail dense areas of Fort Worth and is within a one-mile radius of 5.2 million square feet of retail space, including the Hulen Mall within walking distance. The financing package placed by Greystone includes a $19.5 million 3-year bridge loan provide Show less Read more
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