Home Around the state Greystone refinances luxury Florida complex for $32.5M

Greystone refinances luxury Florida complex for $32.5M

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Greystone, which provides multifamily and healthcare mortgage loans, said it provided $32.5 million in HUD financing for a multifamily property in Port St. Lucie, Florida.

The firm provided a 35-year fully amortizing FHA loan for K&J Residential Group to refinance Kitterman Woods, a 396-unit luxury rental community. The property boasts two swimming pools; a fitness center; tennis, basketball, and volleyball courts; garage parking; and pet-friendly amenities.

The firm provides mortgage finance solutions across multiple platforms, including FHA, Fannie Mae, Freddie Mac, USDA, CMBS, bridge, mezzanine and other proprietary loan programs.

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