Multifamily V Michigan

Greystone provides $2 million in financing for Michigan apartment community

Greystone, a real estate lending, investment and advisory company, has provided $2.35 million in Freddie Mac financing for a multifamily community in Holt, Michigan. The loan was originated by Cary Belovicz, Austin Hull and John Marr of Greystone.

The 104-unit property, Whispering Pines, received a 10-year fixed-rate Freddie Mac Small Balance Loan for a long-term refinance. The asset is 10 miles south of Lansing, Michigan.