Greystone has provided $18.3 million of financing under the U.S. Department of Housing and Urban Development's 223(f) program against the 150-unit Aspen Lofts Apartments in Grand Forks, N.D. The 35-year loan allowed the property's owner, Northridge Construction of Grand Forks, ...
Investors Real Estate Trust has sold four apartment properties with 691 units in Grand Forks, N.D., for $42.5 million, or $61,505/unit. NorthMarq originated $33.4 million of Freddie Mac financing to help fund the undisclosed buyer's acquisition. The four cross-collateralized loans ...
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