Greystone Provides $79.1M Loan For Refinance Of Three Tucson Multifamily Properties

In a recent transaction, Greystone has provided $79,125,000 in Fannie Mae Delegated Underwriting & Servicing loans to refinance three multifamily properties totaling 939 units in and around Tucson, Arizona. The properties are located at 720 West O'neil Drive, 600 North Pantano Road, and 9000 East Speedway Boulevard. These multifamily assets, owned by HSL Properties, Inc, offer a valuable investment opportunity in the Casa Grande and Tucson markets.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $79,125,000
• Units: 939
• Lender: Greystone - Dan Wolins
• Landlord: Omar Mireles - HSL Properties, Inc

The financing arrangement provided by Greystone represents a significant milestone for the multifamily properties. Through the Fannie Mae Delegated Underwriting & Servicing loans, HSL Properties, Inc has secured the necessary funds to optimize the properties' potential and support ongoing operations. This loan will contribute to the continued growth and success of the multifamily assets, enhancing the residential offerings in the Casa Grande and Tucson markets.