{"id":385289,"date":"2020-11-19T10:17:10","date_gmt":"2020-11-19T15:17:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=385289"},"modified":"2020-11-19T10:17:10","modified_gmt":"2020-11-19T15:17:10","slug":"greystone-provides-20-65-million-in-freddie-mac-financing-for-sanford-fl-multifamily-duo","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/greystone-provides-20-65-million-in-freddie-mac-financing-for-sanford-fl-multifamily-duo\/","title":{"rendered":"Greystone Provides $20.65 Million in Freddie Mac Financing for Sanford, FL Multifamily Duo"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">NEW YORK, Nov.  19, 2020  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=b61ERaSTvIoUW3dbc_ZuxIiY6PMwz9xcMWhJRVwXRdoX0ALOJuhy3OwtiFhxyoOgeTD3-4JwT5lpettR_h7z7Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Greystone<\/a>, a leading private national commercial real estate finance company, provided two refinancing loans for a multifamily portfolio in Sanford, Florida. The transactions were originated by Dan Sacks, Managing Director in Greystone\u2019s New York office.<\/p>\n<p align=\"left\">The properties include:<\/p>\n<ul>\n<li>\n          <strong>Aqua Link<\/strong>, a 140-unit property, which received a 10-year, variable-rate, $12,115,000 Freddie Mac mortgage. Renovated in 2020, the garden-style property spans 9 acres. Amenities for the two- and three-bedroom units include grilling area, coffee bar, common laundry, swimming pool, picnic area, playground, and clubhouse, with 321 surface parking spaces.<\/p>\n<\/li>\n<li>\n          <strong>Stoneridge<\/strong>, a 120-unit property, which received a 10-year, variable-rate, $8,541,000 Freddie Mac mortgage. Built in 1975 and renovated in 2020, the garden-style property consists of studio-, one-, two-, and three-bedroom units. Amenities include a grilling area, coffee bar, common laundry, picnic area, playground, and clubhouse, with 188 surface parking spaces.<\/li>\n<\/ul>\n<p align=\"left\">\u201cIt\u2019s been a pleasure working with this team as they grow their portfolio,\u201d said Mr. Sacks. \u201cWe are thrilled that clients rely on us time and again for their portfolios, and we can work to find new terms to help our clients.\u201d<\/p>\n<p align=\"left\">\n        <strong>About Greystone<\/strong><br \/>\n        <br \/>Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and\/or other Greystone affiliates. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ssmp8K1g3jdwz9dG0LkEZuPqYPVPQrXS3CH9S0Rz1sPA2YE90ch-b7uiqJrrQsm_KNffMDCm0hGdXadv9N9ewg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.greystone.com<\/a>.<\/p>\n<p align=\"left\">\n        <strong>PRESS CONTACT:<\/strong><br \/>\n        <br \/>Karen Marotta<br \/>Greystone<br \/>212-896-9149<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=J2AaL7KjfJAkmflAQ9ViCpXdaI5XpT18IpsAwjLZGhlRfbmTXwJLqZd_YNx0tZrAa8yt9mhP_pCiO8ThZHqIHaggxPucJUfw3mo4tFtjIJw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Karen.Marotta@greyco.com<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4OTMyMCMzODM2MDIwIzIwMjMzODA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/d9df9323-1afd-4a9c-92d5-4b5457b5fcf4\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) &#8212; Greystone, a leading private national commercial real estate finance company, provided two refinancing loans for a multifamily portfolio in Sanford, Florida. The transactions were originated by Dan Sacks, Managing Director in Greystone\u2019s New York office. The properties include: Aqua Link, a 140-unit property, which received a 10-year, variable-rate, $12,115,000 Freddie Mac mortgage. Renovated in 2020, the garden-style property spans 9 acres. Amenities for the two- and three-bedroom units include grilling area, coffee bar, common laundry, swimming pool, picnic area, playground, and clubhouse, with 321 surface parking spaces. Stoneridge, a 120-unit property, which received a 10-year, variable-rate, $8,541,000 Freddie Mac mortgage. Built in 1975 and renovated in 2020, the garden-style property consists of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/greystone-provides-20-65-million-in-freddie-mac-financing-for-sanford-fl-multifamily-duo\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Greystone Provides $20.65 Million in Freddie Mac Financing for Sanford, FL Multifamily Duo&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-385289","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Greystone Provides $20.65 Million in Freddie Mac Financing for Sanford, FL Multifamily Duo - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/greystone-provides-20-65-million-in-freddie-mac-financing-for-sanford-fl-multifamily-duo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Greystone Provides $20.65 Million in Freddie Mac Financing for Sanford, FL Multifamily Duo - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) &#8212; Greystone, a leading private national commercial real estate finance company, provided two refinancing loans for a multifamily portfolio in Sanford, Florida. The transactions were originated by Dan Sacks, Managing Director in Greystone\u2019s New York office. The properties include: Aqua Link, a 140-unit property, which received a 10-year, variable-rate, $12,115,000 Freddie Mac mortgage. Renovated in 2020, the garden-style property spans 9 acres. Amenities for the two- and three-bedroom units include grilling area, coffee bar, common laundry, swimming pool, picnic area, playground, and clubhouse, with 321 surface parking spaces. Stoneridge, a 120-unit property, which received a 10-year, variable-rate, $8,541,000 Freddie Mac mortgage. 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