Real Estate Weekly - Greystone Servicing Corporation, Inc. provided a $11,827,300 loan to Underbruckner Realty Co., LLC for the refinance of Bronx Center For RehabilitationGreystone Servicing Corporation, Inc. provided a $11,827,300 loan to Underbruckner Realty Co., LLC for the refinance of Bronx Center For Rehabilitation and Health Care.
Bronx Center For Rehabilitation and Health Care is a skilled nursing facility located on Underhill Avenue in Bronx, New York. The property was built in 1974 and was acquired by the current owner in 1998. It consists of one six-story elevator building on a 2.16-acre site, and contains 200 beds/units.
The financing was provided under the FHA Insurance program 232 Pursuant to 223(f).
* A $1,950,000 loan to Stanley G. Anton and Jennifer J. Anton, as Trustees of The Stanley G. Anton Family Trust, for the acquisition of Larado and Hi-Line Apartments, Aurora, Colorado.
The borrower was able to lock in a rate under the Fannie Mae 3MaxExpress product as part of the Fannie Mae DUS program.
* A $7,136,000 loan to Summer Green II, LLC for the refinance of Summer Green II Apartments, Longview, Texas. The borrower was able to lock in a rate under the Fannie Mae DUS program.
* A $1,119,800 loan to Shepherd House, Inc. for the refinance of a HUD 202 loan on Shepherd House Apartments, Greensboro, North Carolina. The financing was provided under the FHA Insurance program 207 Pursuant to 223(f).
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