Greystone and Harmony Housing paid $22 million for four affordable housing communities in Forsyth County. The Triad Business Journal reports the lending giant previously owned three of the properties. Three of the properties are in Winston-Salem and one in Kernersville. The portfolio added up to 212 units. Foresight Affordable Housing was the seller.

The company’s paid $8.3 million for Pine Valley, a 108-unit complex at 5300 Countryside Drive in Winston-Salem, $6.5 million for Whitford Place, a 76-unit complex at 400 Whitford Place Court in Winston-Salem, $5.33 million for Lyons Walk, a 72-unit complex at 500 Lyons Walk Drive in Kernersville and $2.15 million for Andrews Height, a 56-unit complex at 125 Ferrell Heights Court in Winston-Salem

Harmony Housing Affordable Development was formed in 2023 when it acquired the property development and advisory business of Greystone Affordable Development.

Find out what still pencils in Phoenix today and be part of the conversation shaping the region’s multifamily, SFR, and BTR landscape going forward. Don’t miss the event where capital leaders, strategy experts, and new opportunities converge on April 8.www.ConnectPHXMF2026.com | Connect Phoenix Multifamily, SFR & BTR | Wednesday, April 8^th at The Westin Kierland Resort & Spa, Scottsdale.