Greystone Secures $19.8 Million for New Rental Project Financing
Greystone's Significant Financing Achievement
Greystone, a prominent name in the commercial real estate finance sector, has successfully secured a substantial loan of $19.764 million through Fannie Mae DUS financing. This financial support is aimed at refinancing Legacy on Rockhill, an impressive newly constructed 128-unit build-to-rent community. With an emphasis on creating modern living spaces, this development reflects the company’s commitment to meeting the growing demand for quality rental homes in vibrant markets.
Details of the Build-to-Rent Community
Located on an expansive 13.21-acre site, the Legacy on Rockhill community was built in 2023. It features a mix of one-, two-, and three-bedroom single-family homes and duplexes, all designed with modern finishes and private backyards to enhance residents' lifestyles. Moreover, the community offers a range of amenities including a swimming pool, fitness center, dog park, bocce ball court, and secure gated access, catering to a diverse demographic of renters. As of mid-2025, the property was notably leased at 93.75%, indicating strong demand.
Greystone’s Financing Strategy
John Sloot, Managing Director at Greystone, highlighted the company’s ability to provide flexible financing options tailored for developers of high-quality rental housing. This financing showcases Greystone's expertise in structuring capital solutions that drive growth in key areas, particularly in the thriving North Dallas region. The company’s dedicated approach positions such projects for successful long-term performance.
About Greystone
Greystone stands out as a private commercial real estate finance company recognized for its leadership in multifamily and healthcare financing. With a solid track record, Greystone has ranked amongst the top lenders for programs by FHA, Fannie Mae, and Freddie Mac. This esteemed positioning enables the company to offer competitive loan options through its various affiliates. The commitment to facilitating housing finance aligns with the current trends in property demands, reflecting Greystone's strategic vision.
Contact Information
For media inquiries, Fran Del Valle is available for contact. Those interested can reach out through email for more details about Greystone’s portfolio and ongoing projects. Email: fran@influencecentral.com. Greystone encourages potential investors and residents to connect for further insights into their innovative developments.
Frequently Asked Questions
What is the focus of Greystone's financing initiatives?
Greystone primarily focuses on multifamily and healthcare finance, providing tailored solutions to meet the needs of these sectors.
How many units does Legacy on Rockhill include?
The Legacy on Rockhill community comprises 128 units, offering a variety of one-, two-, and three-bedroom homes.
What amenities are available at Legacy on Rockhill?
The community features a pool, fitness center, dog park, bocce ball court, and gated access, enhancing the living experience for residents.
What is Greystone's reputation in the real estate finance industry?
Greystone is recognized as a leader, frequently ranking among the top lenders in multifamily and healthcare finance, showcasing its reliability and expertise.
How can I learn more about Greystone and its offerings?
For more information about Greystone, you can visit their official website or reach out directly to their media contact for detailed inquiries.
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