Finance and Sales Advisory for Investors
Greystone has been a trusted multifamily lender for more than three decades. We have built strong relationships with government agencies allowing us to easily navigate the ever-changing and complex loan process.
35+ Years
Industry-Leading
National Coverage
Multifamily Financing in Houston, TX
THE SITUATION
The borrower sought to refinance a two-property multifamily portfolio totaling 674 units in Houston, Texas. The well-maintained, garden-style communities featured strong occupancy and ongoing renovations, with 65% of units already upgraded. The goal was to secure long-term financing to support continued improvements and stabilize operations amid strong demand for affordable housing in the Houston market.
THE SOLUTION
Greystone provided $46,972,000 in Freddie Mac financing to refinance the portfolio. The loan structure offered non-recourse, fixed-rate terms tailored to the properties’ performance and ongoing capital improvement plan.
THE RESULTS
The refinancing allowed the borrower to lock in favorable, long-term fixed-rate financing while maintaining operational flexibility. Proceeds supported continued renovations and capital improvements aimed at enhancing resident experience and property value. By securing permanent financing on stabilized assets with strong occupancy, the borrower reduced interest rate exposure and ensured predictable cash flow within a growing Houston submarket.
