Greystone has provided a $16.97 million Fannie Mae Delegated Underwriting Services loan to refinance a 258-unit multifamily property in Hopkinsville, Kentucky.
The transaction was originated by Lorie Hanson, managing director at Greystone.
The 10-year, fixed-rate Fannie Mae loan for Aspen Meadow includes interest-only payments for the full term of the loan.
Acquired in October of 2020, the property has received nearly $1 million in capital expenditures including both interior and exterior upgrades and to the common amenities.
