Greystone Structures $31.3M in Acquisition Financing for Multifamily Property in Merrillville, Indiana

9/16/2025

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REBusinessOnline

• Subcategory: Capital Markets: Debt, Capital Markets: Equity, MF: Market Rate

• Tag: Closing

• Additional Filters-Subcategory: Capital Markets: Agency Loan, Capital Markets: Preferred Equity, MF: Garden

• Company: Greystone, Freddie Mac, Morgan Properties

Greystone has provided a $26.3 million Freddie Mac loan to finance the acquisition of Tiberon Trails Apartments in Merrillville. Additionally, Greystone Equity Services brought in MORE Capital, an affiliate of Morgan Properties, as a preferred equity provider. MORE Capital supplied a nearly $5 million preferred equity loan in conjunction with the Freddie Mac financing. Eric Rosenstock of Greystone originated the Freddie Mac loan on behalf of the borrower, Bayshore Properties.