Greystone Arranges $14MM Debt Placement to Finance Build-to-Rent Community in Arizona

Greystone, a national commercial real estate finance company, arranged a $14 million debt placement for the refinancing of a newly-constructed build-to-rent community in Tucson, Arizona. The transaction was sourced by Shana Daby, managing director and Rebecca Reich, associate, at Greystone, with Thomas Wayda, managing director, and Dante DiStefano, associate, at Greystone handling the debt placement._x000D_
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“Greystone’s debt placement team strives to help borrowers navigate the current capital markets and source the best solution for whatever financing needs they may have,” Wayda said. “We have fostered competitive lending partnerships which have proven to be an invaluable resource for our clients. The BTR space is an asset class that we continue to find this success.”_x000D_
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“We are so thrilled to have helped our client refinance this quality asset, which is providing much-needed housing options in the Tucson market,” Daby said.