NEW YORK CITY—Greystone has provided a total of $86 million in two CMBS loans. One went to a multifamily portfolio in Atlanta while the other will fund a mixed-use property in Avon, CO.

The first loan, in the amount of $50 million, was for the acquisition of a two-property multifamily portfolio on behalf of a Midwest-based borrower. Comprising 588 total units, the multifamily properties—Rosemont City View and Dawson Forest—are located in suburban Atlanta. The 10-year CMBS loan includes a 30-year amortization and was originated by Robert Russell of Greystone.

"The fundamentals in Atlanta and its suburbs continue to improve," says Russell, who serves as head of production for Greystone's CMBS team. "Despite the recent volatility in the CMBS market, Greystone provided certainty of close and attractive terms to the client."

The second $36-million loan was for an upscale mixed-use project in the resort community of Avon, located at the base of Beaver Creek ski resort. Greystone did not identify the borrower.

The loan features a 10-year term and is interest-only for the first three years with a 30-year amortization. The property includes approximately 200,000 square feet of office/retail space. The proceeds of the loan refinanced two adjoining properties, Chapel Square and Benchmark Shopping Center, which were cross-collateralized as part of the fixed-rate structure. The property is currently 99.7% leased with 44 tenants. Ted Nasca of Greystone originated that loan.