Greystone Refinance Multifamily Property With $25.24M Loan

The multifamily property located at 351 Andover Drive in Valparaiso, IN spans across 14.3 acres and consists of 240 units. The loan for this property was facilitated by Dan Sacks and Eric Rosenstock from greystone''>Greystone, amounting to $25,240,000. The financing was structured as a refinance with a 10-year term, amortizing over a 30-year schedule.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $25,240,000
• Units: 240
• Acres: 14.3
• Lender: Dan Sacks & Eric Rosenstock - Greystone
• Landlord: Bayshore Properties Inc.
• Loan Type: Refinance
• Loan Terms: 10-year term, amortizes over 30 years

Dan Sacks and Eric Rosenstock from Greystone facilitated the loan for this property transaction. The landlord for the multifamily property located in Valparaiso, IN is Bayshore Properties Inc.