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Atlanta & Southeast  + Carolinas + Charlotte  + Apartments  | 
Greystone has provided a $24.1 million HUD 223(f) loan to refinance a 216-unit multifamily property in Charlotte, NC

Greystone Provides $24.1M for Charlotte Multifamily Refi

Greystone has provided a $24.1 million HUD 223(f) loan to refinance a 216-unit multifamily property in Charlotte, NC. The financing was originated by Lisa M. Fischman, Managing Director at Greystone, on behalf of Pressly Development Company.

Argyle Place Apartments in Hickory has 20 buildings consisting of one-, two- and three-bedroom units constructed in 1987 and 2001, and renovated in 2018. The loan carries a 35-year term and amortization along with a low, fixed rate. In addition to refinancing, loan proceeds enable the borrower to make renovations to the property and fund new construction projects.

“At Greystone, we rise to the challenge of helping clients navigate complex circumstances to secure the right financing for the multifamily properties in their portfolios,” said Ms. Fischman. “Clients choose Greystone for our significant multifamily expertise, our deep lending platform, and our commitment to helping them bring the vision for their properties to life.”

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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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