Greystone Provides $54.6M Loan For Multifamily Property In Bloomingdale

A multifamily property located at 348 Glenwood Drive in Bloomingdale has been involved in a recent transaction. The property consists of 360 units and is owned by Paul Chernawsky. The deal was facilitated by brokers Clint Darby and Phiet Nguyen from greystone''>Greystone. The transaction was financed by Greystone, with a loan amount of $54,600,000. The loan terms are set for a 35-year fixed-rate.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $54,600,000
• Address: 348 Glenwood Drive
• Market: Bloomingdale
• Units: 360
• Landlord: Paul Chernawsky
• Brokers: Clint Darby & Phiet Nguyen - Greystone

The key individuals involved in this transaction include Paul Chernawsky as the landlord and Clint Darby and Phiet Nguyen from Greystone as the brokers. They played a crucial role in facilitating the deal between the parties. The loan provided by Greystone with a 35-year fixed-rate term enabled the successful completion of this multifamily property transaction.