Greystone Provides $28.9 Million in Fannie Mae DUS® Financing for Multifamily Community in Richmond, Virginia

Core Insights - Greystone has provided a $28,946,000 Fannie Mae DUS® loan for the acquisition of Sphere Apartments in Richmond, Virginia [1][2] - The loan features a five-year term with interest-only payments throughout the term [2] - Sphere Apartments consists of 224 units across two mid-rise buildings, offering high-end amenities and is rated in excellent condition with strong occupancy trends [2] Company Overview - Greystone is a national commercial real estate finance company recognized as a leader in multifamily and healthcare finance, ranking as a top lender for FHA, Fannie Mae, and Freddie Mac [4] - The financing was facilitated by Reuben Dolny and Alex Basile on behalf of Conserve Holdings and Calibogue Capital [1][3] - Greystone aims to support clients' strategic growth with tailored acquisition financing that aligns with their investment strategies [3]