Transactions

The floating rate, interest-only bridge financing from Greystone features a 24-month term with two six-month extension options, with the intention to transition to permanent HUD-insured financing. Belmont Daniel Apartments comprises two six-story buildings in the St. George waterfront neighborhood of Staten Island. Constructed in 1966, the 130,000-square-foot property features a mix of one-, two-, and three-bedroom units.