Greystone Provides $107M Acquisition Financing for Multifamily Portfolio in Metro Dallas

by Haisten Willis

DALLAS — Greystone has provided $107 million in Fannie Mae DUS loans for the acquisition of six multifamily properties in the Dallas suburbs of Irving, Lewisville, Benbrook and Euless. Rob Russell of Greystone originated the loans on behalf of the borrower, Chicago-based Intercapital Group. The properties, which total 1,711 residential units, include:

  • Wimbledon in Lewisville
  • Greenwood Creek in Benbrook
  • Catalina Apartments in Lewisville
  • Summer Gate Apartments in Irving
  • Oaks of Lewisville in Lewisville
  • Parc Plaza Apartments in Euless

The 10-year Fannie Mae loans include 30-year amortization schedules and three years of interest-only payments.

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