**Greystone Closes $19.7M Refinance for McKinney Build-to-Rent Community**
Greystone has successfully provided a $19.7 million Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance Legacy on Rockhill, a newly constructed build-to-rent community in McKinney, Texas. The financing was originated by John Sloot, Managing Director at Greystone, on behalf of Legacy Builders.
Completed in 2023, Legacy on Rockhill is situated on a 13.21-acre site and comprises 128 single-family and duplex rental homes. The property offers a mix of one-, two-, and three-bedroom units featuring modern interior finishes and private backyards.
Amenities at Legacy on Rockhill include a swimming pool, fitness center, dog park, bocce ball court, and gated access—enhancing the living experience for residents. As of July 2025, the community was 93.75% leased, underscoring strong demand for rental housing in the area.
“This financing reflects Greystone’s ability to structure efficient capital solutions for sponsors delivering high-quality rental housing in key growth markets,” said Sloot. “The Legacy on Rockhill community is well-positioned for long-term performance in the dynamic North Dallas region.”
