BRT Realty Trust provided a $31.5 million loan allowing the borrower to purchase 12 multifamily buildings. The properties were purchased in an off-market transaction. Due to BRT's understanding of the importance of moving quickly to take advantage of this opportunity, the firm was able to perform its due dilligence and issue a commitment letter within a week and get the loan closed within three weeks.
Wheeling, IL Greystone has provided a $47.49 million Freddie Mac loan to finance the acquisition of Foxboro Apartments, a 400-unit multifamily property. The financing was originated by