Greystone has provided an $18.3 million Fannie Mae loan to refinance a 154-unit multifamily property in Bedford-Stuyvesant, Brooklyn. Located at 400 Herkimer Street, the property is a six-story residential building with studios to three-bedroom apartments. Anthony Cristi of Greystone originated the fixed rate financing with a 10 year term and 30 year amortization period for this refinancing transaction. This loan will help facilitate continued ownership of this multifamily asset located in Brooklyn’s historic Bedford Stuyvesant neighborhood.
“Owner of Hollywood Office Purchases Adjacent Property”
The property at 747 Seward St. in Hollywood has been purchased by Brian Ballard, founder of bipartisan lobbying and PR