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$25M apartment loan.


Greystone Servicing Corporation, Inc., a top ten Fannie Mae Fannie Mae: see Federal National Mortgage Association.  Delegated Underwriting and Servicing, (DUS DUS Driving Under Suspension (criminal charge)
DUS Dwelling Unit (real estate)
DUS Dynamic Underground Stripping
DUS Dusseldorf, Germany - Dusseldorf (Airport Code) 
[TM]) lender, provided a $25,200,000 loan to Towson Crossing Associates, L.P. for the acquisition of Towson Crossing Apartments.

Located in Parkville, Maryland Parkville is an unincorporated community and a census-designated place in Baltimore County, Maryland, United States. As of the 2000 census, the CDP population was 31,118. Geography
Parkville is located at  (39.383039, -76.
, Towson Crossing Apartments were built in 1970.

The 22.8-acre site has been improved with fifty-seven 3 and 4-story garden-style apartment buildings containing 464 residential units with either a terrace or balcony, 583 surface level parking spaces, and 28 laundry rooms.

The property is located in the southwest portion of the Parkville/Carney/White Marsh submarket near the Baltimore city/county boundary line. It is situated in a residential neighborhood that contains a mixture of single-family homes, and multifamily properties built in the 1960's. Town homes and an elementary school elementary school: see school.  are adjacent to the property. Retail and shopping are nearby, as well as major roadways and public transportation.

The borrower was able to lock in a rate under the Fannie Mae DUSO DUSO Developing Understanding of Self and Others  Program.
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 14, 2005
Words:162
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