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Greystone's word is its $13m bond.


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 $13,660,000 Bond Forward loan to Village Park Apartments Partners, Ltd. for the acquisition and renovation of Village Park Apartments.

The loan was underwritten in conformance with the Fannie Mae Multifamily Affordable Housing (MAH See ampere-hour. ) Guidelines as the property will operate under the Low Income Housing Tax Credit Program post-acquisition. Village Park Apartments are located in Houston, Texas and were constructed in 1972 on a 12.70-acre site.

The garden and townhome-style complex contains 17 three-story residential buildings, 10 two-story residential buildings, a one-story leasing office, two one-story maintenance / storage buildings, a one-story clubhouse, and 627 carport CARPORT Cardiology A clinical trial–Coronary Artery Restenosis Prevention on Repeated Thromboxane-Antagonism Study that evaluated thromboxane A2-receptor blockade in preventing restenosis after PCTA in Pts with CAD.  parking spaces.

The borrower was able to lock in a rate under the Fannie Mae DUS[TM] Program.
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Sep 13, 2006
Words:133
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