Cushman & Wakefield and Greystone Close Sale and $39.2 Million in Fannie Mae Financing for a Multifamily Property in Mansfield, Texas
Key Highlights
- ➤$39.2 million Fannie Mae financing arranged for 334-unit Evolv multifamily property
- ➤Five-year fixed-rate loan includes three years of interest-only payments
- ➤Greybrook adds Evolv as third asset in its U.S. Multifamily Income & Growth Fund
- ➤Cushman & Wakefield marketed Evolv’s sale to support Greybrook’s acquisition
Expert Statements
Richard Kourbage, Senior Managing Director at Greystone
“We are pleased to have delivered a financing solution through Fannie Mae that supports Greybrook's acquisition of Evolv”
Richard Kourbage, Senior Managing Director at Greystone
“The property's established performance, strong sponsorship and location within the Dallas-Fort Worth metroplex made it a compelling candidate for agency financing.”
Richard Kourbage, Senior Managing Director at Greystone
“Our execution provides Greybrook with a competitive, long-term capital structure as it continues to expand its U.S. multifamily portfolio.”
Grant Raymond, Senior Director at Cushman & Wakefield
“Evolv represents an attractive investment opportunity in the Dallas-Fort Worth multifamily market, supported by its established operating history, desirable amenities and location in the growing Mansfield community.”
Grant Raymond, Senior Director at Cushman & Wakefield
“We are pleased to have worked with the parties involved to complete this transaction and support continued investment in the region.”
NEW YORK, Nov. 10, 2026 (GLOBE NEWSWIRE) -- Cushman & Wakefield, a global real estate services firm, and Greystone, a leading national commercial real estate finance company, announced they have arranged the sale and provided $39,237,000 in Fannie Mae financing for Evolv, a 334-unit multifamily property located in Mansfield, Texas, within the Dallas-Fort Worth metropolitan area. Cushman & Wakefield marketed the property for sale, and Greystone provided the acquisition financing on behalf of Greybrook Realty Partners.
Greystone's financing team included Richard Kourbage, Garvin Lee, and Gillian McIlroy, Vice President. Cushman & Wakefield's Investment Sales team Grant Raymond and Asher Hall represented the seller in the transaction. Cushman & Wakefield's debt professionals included Chase Johnson & Caleb Riebe.
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