Greystone Provides $19.8 Million in Fannie Mae DUS Financing for Build-to-Rent Community in McKinney, Texas

BY GlobeNewswire | AGENCY | 09/08/25 09:30 AM EDT

NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $19,764,000 Fannie Mae DUS? loan to refinance Legacy on Rockhill, a newly constructed 128-unit build-to-rent community in McKinney, Texas. The transaction was originated by John Sloot, Managing Director at Greystone.

Built in 2023 and situated on a 13.21-acre site, Legacy on Rockhill consists of one-, two-, and three-bedroom single-family and duplex rental homes with modern finishes and private backyards. Property amenities include a pool, fitness center, dog park, bocce ball court, and gated access. The community was 93.75% leased as of July 2025.

?This financing reflects Greystone?s ability to structure efficient capital solutions for sponsors delivering high-quality rental housing in key growth markets,? said Mr. Sloot. ?The Legacy on Rockhill community is well-positioned for long-term performance in the dynamic North Dallas region.?

About Greystone
Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit www.greystone.com.

PRESS CONTACT:
Fran Del Valle
fran@influencecentral.com

Image: https://www.globenewswire.com/newsroom/ti?nf=OTUyNDQwNyM3MTMzNDY3IzIwMjMzODA=
Image: https://ml.globenewswire.com/media/YTkzMDkxNjYtMzUwYS00ZTJjLTljYjktMTYwYWIwZmZiZTBkLTEwMzQ5NDgtMjAyNS0wOS0wOC1lbg==/tiny/Greystone.png

Image: Primary Logo

Source: Greystone

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article