Greystone Lends $35M on Chicago-Area Apartments Acquisition

Isn’t life grand. Multifamily developer Grand Lifestyles has secured $35.4 million of acquisition financing to purchase a multifamily asset in suburban Chicago, Commercial Observer has learned., Greystone closed the Freddie Mac-backed loan to facilitate Grand Lifestyle’s $51.3 million acquisition of The Ponds of Naperville property in Naperville, Ill. from DRA Advisors The financing was originated by […]