Bayshore Properties Refinances Hidden Creek Apartments With $40.3M Loan From Greystone

Greystone has provided a $40.3 million Freddie Mac Optigo loan to refinance the 432-unit Hidden Creek Apartments in Crown Point, Indiana. The loan follows the property's 2021 purchase and substantial capital improvements. The loan is a non-recourse, fixed-rate loan with a 10-year term.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $40,309,000
• Units: 432
• Address: 8118 South International Drive, Crown Point, Indiana
• Market: Crown Point, Indiana

Eric Rosenstock and Dan Sacks from Greystone facilitated the loan on behalf of Bayshore Properties, the landlord of Hidden Creek Apartments.