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Greystone, a leading national commercial real estate finance company, announced it has arranged $35.2 million in financing for the acquisition of a multifamily community in College Station, TX. The transaction was sourced on behalf of Partin Development by Eric Rosenstock, Senior Managing Director at Greystone, with Greystone’s Thomas Wayda, Managing Director, and Dante DiStefano, Associate, handling the debt placement.

1720 at Harvey is a 288-unit Class-A multifamily community consisting of 1-, 2-, and 3-bedroom units. The community offers residents a robust collection of amenities, including a fitness center with a yoga and spin studio, an expansive resort-style pool and lounge area, BBQ grilling areas, an outdoor dining pavilion, a pet spa, a game room, and a dog park. The non-recourse bridge loan, provided by a private debt fund, carries a 2-year term and 12-month extension and is full-term interest only.