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Greystone closes $30m loan for new partnership.


Greystone Servicing Corporation, Inc., a top ten Fannie Mac 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 $30,548,000 loan to New Boston New Boston is the name of some places in the United States of America:
  • New Boston, Illinois
  • New Boston, Massachusetts, the name of several communities including:
 Muirfield Limited Partnership for the refinance of Muirfield at Montpelier.

Muirfield at Montpelier is located in Laurel, Maryland Laurel is a Maryland, U.S. city located midway between Washington, D.C. and Baltimore. Incorporated in 1870, the city maintains a historic district including its Main Street. The official population estimate for Laurel city was 21,945 as of 2006. . The property was originally built as two separate complexes in 1966-1969. They were combined into one property with 13 garden-style and townhouse town·house or town house  
n.
1. A residence in a city.

2. A row house, especially a fashionable one.
 buildings and 591 open parking spaces on a 17.52-acre site.

The buildings contain 386 units consisting of one studio, 122 one-bedroom units, 209 two-bedroom units, 30 three-bedroom units and 24 three-bedroom townhouses. Unit amenities consist of washer/ dryer hook-ups in the townhouse units, washer dryers in 62 of the units, storage, balconies, and patios.

Project amenities include 13 laundry rooms A laundry room (also called a utility room) is a room where clothes are washed. In a modern home, a laundry room would be equipped with an automatic washing machine and clothes dryer,and often a large basin, called a laundry tub, for hand-washing delicate articles of clothing such , an outdoor pool, a tot lot, and a to-be-completed clubhouse.

Laurel, Maryland is approximately 17 miles northeast of downtown Washington, DC. Land uses within the neighborhood consist of a mixture of commercial and residential development. The area immediately surrounding the property is comprised of older multifamily developments and retail shopping centers shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into . The most notable site in the area is the Fort Meade military base, home to the National Security Agency. The property is well located near the Baltimore/Washington Parkway with good access to major roads. Retail and recreations facilities are conveniently located near the property.

The borrower was able to lock in a rate under the Fannie Mac DUS program.
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Title Annotation:Greystone Servicing Corp., New Boston Muirfield Limited Partnership
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:Jun 7, 2006
Words:237
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