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Helping Village people.


Greystone Servicing Corporation, Inc. provided a $1 t,900,000 loan for the refinance of Covenant Woods Village, a 172 unit Independent Living (IL) and Assisted Living as·sist·ed living
n.
A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication.
 (AL) facility located in Columbus, Georgia Columbus is a city in Muscogee County, Georgia, United States. It is the primary city of the Columbus, Georgia Metropolitan Statistical Area, an MSA which encompasses all of Columbus, Georgia, Chattahoochee, Harris, Marion, and Muscogee counties, Georgia, and Russell County, .

The Covenant Woods property was originally developed as 83 "for sale' condos and duplexes in the mid-1980s. In 1991, the current owner purchased the service building that housed the common areas and a small Assisted Living facility and eight of the condos. In 1992, he added an IL building, and 10 AL units were added to the service building. The property now consists of three buildings on a 10-acre site.

The borrower was able to utilize Fannie Mae's Early Rate Lock Product as part of the Fannie Mae Fannie Mae: see Federal National Mortgage Association.  DUS DUS Driving Under Suspension (criminal charge)
DUS Dwelling Unit (real estate)
DUS Dynamic Underground Stripping
DUS Dusseldorf, Germany - Dusseldorf (Airport Code) 
 Program.
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Article Details
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Jan 18, 2006
Words:123
Previous Article:Program gains traction.(CBA Commercial L.L.C partnered with 35 lenders)(Brief Article)
Next Article:Financing woes to blame for delayed Harlem project.(Construction & DESIGN)
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