TSMC Japan's Second Fab to Produce 3nm Chips by 2028 
SoftwareONE Posts 22.5% Revenue Surge in 2025 on Crayon Acquisition 
Samsung Electronics Eyes Record Q1 Profit Amid AI-Driven Chip Boom 
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure 
Paramount Skydance Secures $24B from Gulf Sovereign Wealth Funds for Warner Bros. Discovery Takeover 
Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk 
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
UPS and Teamsters Reach Agreement to Limit Driver Severance Program 
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit 
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage 
Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions 
SpaceX Eyes Historic IPO at $1.75 Trillion Valuation 
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports 
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman 
Norma Group Posts Revenue Decline in 2025, Eyes Modest Recovery in 2026 
LG Electronics Posts Record Q1 Revenue Amid Strong Demand and Cost Improvements 
NEW YORK, June 28, 2017 -- Greystone, a real estate lending, investment and advisory company, today announced it has provided the last of 13 total FHA loans for The Altman Companies, representing $79 million in financing. Lisa Fischman, originator in Greystone’s Monsey, NY office, completed the portfolio refinancing.
The Altman Companies’ communities are a blend of market rate and Section 8 multifamily properties located throughout Michigan from as far north as the Upper Peninsula to the south east in Roseville.
In addition to The Altman Companies-owned properties, the refinanced portfolio includes one property owned by a private real estate group and two affordable housing communities, Charter Square and Green Hill apartments, that are owned by The Boys & Girls Club Non-Profit Housing Corporation, with the proceeds going to The Boys & Girls Club of Lansing. Mr. Kerbawy, chairman of The Boys & Girls Club of Lansing, stated, “Greystone was truly remarkable. The professional quality of cooperation and focus on this mission makes them a highly-valued partner.”
Ms. Fischman noted that, “The timing for each refinance was ideal, as we were able to take advantage of low interest rates while providing a tremendous amount of funding for beautiful upgrades and restorations.”
Carol Loveless, Senior Vice President, Midwest Division, Altman Management Company, added, “Mr. Altman developed and built all of these communities. I know the families will be very pleased with the extensive renovations, including new windows, exterior doors, playgrounds, kitchens and HVAC systems.”
“Over the years, Greystone has proven to be a nimble and reliable partner for both us and the Boys & Girls Club of Lansing,” said Joel Altman, chairman of The Altman Companies. “Being able to secure long-term, fixed-rate financing for these communities ensures that The Boys & Girls Club assets that we developed will be excellently financially positioned for 30-plus years and will provide important cash flow for their programs serving local boys and girls.”
About Greystone
Greystone is a real estate lending, investment and advisory company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA and Fannie Mae lender in these sectors. Our range of services includes commercial lending across a variety of platforms such as Fannie Mae, Freddie Mac, CMBS, FHA, USDA, bridge and proprietary loan products. Loans are offered through Greystone Servicing Corporation, Inc., Greystone Funding Corporation and/or other Greystone affiliates. For more information, visit www.greyco.com.
PRESS CONTACT: Karen Marotta Greystone 212-896-9149 [email protected]
