232
HOUMA, LA. — Greystone has provided $24.3 million in HUD financing for the Belmere Luxury Apartments, a 249-unit multifamily complex in Houma, about 60 miles southwest of New Orleans. The gated community features a resort-style pool, Jacuzzi, fitness center, jogging trail, barbecue area and a dog park. Nathan Schuss of Greystone’s New York office arranged the 40-year, fully amortizing HUD 223(a)7 loan on behalf of Robert Aiello, the borrower of record in partnership with Ronald Turner.