Greystone has provided a total of $21.8 million in loans to refinance three multifamily properties in Tampa, Fla.
The properties include the 33-unit Palms at Humphrey, the 36-unit Oaks at University and the 95-unit Uptown Gardens community. The Greystone loans, featuring a private-label offering, with competitive, shorter loan terms and flexible prepayment options, carry five-year terms with fixed rates and 30-year amortizations, and include interest-only payments for periods ranging from one to five years.