In a strategic move that underscores the growing prominence of the build-to-rent (BTR) market, Greystone, a leading national commercial real estate finance company, has announced the successful arrangement of a $14 million debt placement for the refinancing of a newly-constructed BTR community in Tucson, Arizona. This transaction, facilitated by Greystone's seasoned team, highlights the company's ability to navigate the evolving capital markets and deliver tailored financing solutions to its clients.

Empowering Tucson's Rental Landscape with Luxury Living

Introducing Linda Vista Luxury Rentals

The Linda Vista Luxury Rentals community, a 64-unit BTR development completed in 2024, is currently in the midst of an active lease-up phase. Strategically situated to offer residents stunning mountain views, this property boasts an array of amenities, including a pool and spa/hot tub, catering to the discerning needs of modern renters. Greystone's expertise in the BTR space has enabled the successful refinancing of this quality asset, which is poised to meet the growing demand for high-end rental options in the Tucson market.

Navigating the Capital Markets with Precision

Greystone's debt placement team, led by Managing Director Thomas Wayda and Associate Dante DiStefano, played a pivotal role in securing the $14 million refinancing for the Linda Vista Luxury Rentals project. Leveraging their extensive industry knowledge and established lending partnerships, the team was able to source the most favorable financing solution for the client, ensuring a smooth and efficient transaction.

Greystone's Commitment to Client Success

According to Mr. Wayda, Greystone's dedication to helping borrowers navigate the ever-evolving capital markets is a hallmark of the company's approach. "Greystone's debt placement team strives to help borrowers navigate the current capital markets and source the best solution for whatever financing needs they may have," he stated. "We have fostered competitive lending partnerships which have proven to be an invaluable resource for our clients. The BTR space is an asset class that we continue to find this success."

Unlocking Opportunities in the BTR Sector

The successful refinancing of the Linda Vista Luxury Rentals project underscores Greystone's expertise in the BTR market, a rapidly growing segment of the commercial real estate industry. As the demand for high-quality rental options continues to rise, Greystone's ability to identify and capitalize on these emerging trends positions the company as a trusted partner for developers and investors alike.

Greystone's Multifaceted Expertise

Greystone's reputation as a leader in multifamily and healthcare finance, with a strong track record as a top FHA, Fannie Mae, and Freddie Mac lender, further enhances its credibility in the commercial real estate finance space. The company's diverse portfolio of services and its commitment to fostering competitive lending partnerships have proven to be invaluable assets for its clients, enabling them to navigate the complexities of the market with confidence.

Empowering Tucson's Rental Landscape

The refinancing of the Linda Vista Luxury Rentals project is a testament to Greystone's ability to identify and capitalize on emerging opportunities in the BTR market. By providing the necessary financing, Greystone has empowered the development to continue its active lease-up phase, ultimately contributing to the expansion of high-quality rental options in the Tucson area.