Sherman Way station (Metro Rail)

Greystone Provides $15.6 Million in HUD-Insured Financing for California Multifamily Property

Retrieved on: 
Monday, October 18, 2021

NEW YORK, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, has provided a $15,658,900 HUD-insured loan to refinance a 49-unit multifamily property in San Fernando Valley, California.

Key Points: 
  • NEW YORK, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, has provided a $15,658,900 HUD-insured loan to refinance a 49-unit multifamily property in San Fernando Valley, California.
  • The transaction was originated by Dale Holzer of Greystone on behalf of Reseda 18860 LLC.
  • Sherman Way Apartments, located at 18840 Sherman Way in Reseda, Los Angeles County, is a mid-rise rental property constructed in 2018 containing 15 one-bedroom and 34 two-bedroom units.
  • Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates.