Danny Fishman Of Gaia Real Estate Secures $84M Refinance From Greystone For Multifamily Asset In Rhode Island

The asset involved in this transaction is a multifamily property located at 125 Village Green North in Riverside, RI, comprising 478 units. The property was refinanced for an amount of $84,000,000 through agency debt. The refinance replaced a previous loan obtained in 2018, enhancing the property's financial standing in the market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $84,000,000
• Market: Riverside, RI
• Lender: Greystone
• Landlord: Danny Fishman - Gaia Real Estate
• Units: 478
• Loan Type: Refinance

This transaction highlights the involvement of Greystone as the lender, providing a significant refinancing option for the existing loan structure originally established by a Fannie Mae loan. Danny Fishman represents Gaia Real Estate in this transaction, indicating the company's strategic focus on enhancing their portfolio through financial restructuring of their assets.