Greystone Provides $26.6M Fannie Mae Refinancing Loan for Multifamily Property in Newark, Delaware

NEWARK, DEL. — Greystone has provided a $26.6 million Fannie Mae refinancing loan for Liberty Square, a 297-unit multifamily property in Newark, Delaware,, located approximately 45 miles southwest of Philadelphia. The loan carries a 10-year term with a 30-year amortization schedule, as well as interest-only payments for the first three years. Liberty Square is a garden-style apartment community with amenities including a pool, playground, tennis court and laundry facilities. Dan Sacks of Greystone originated the debt.

Content Partners
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‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Walker & Dunlop

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