Hill International Inc
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Industrials : Professional Services | Small Cap ValueCompany profile

Hill International, Inc. is a professional services firm. The Company provides program management, project management, construction management and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets worldwide. It operates in Project Management Group segment. The Project Management Group segment provides construction and project management services to construction owners worldwide. Its services include project management oversight, troubled project turnaround, staff augmentation, project labor agreement consulting, commissioning, estimating and cost management, labor compliance services and facilities management services. The Company’s clients include the United States federal government, the United States state and local governments, foreign governments and the private sector.

Closing Price
$2.72
Day's Change
0.00 (0.00%)
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Day's High
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Volume
(Light)
Volume:
0

10-day average volume:
116,512
0

Greystone Provides $8 Million Fannie Mae DUS Loan to Refinance Manufactured Seniors Housing Community in Hemet, California

12:40 pm ET August 5, 2019 (Globe Newswire) Print

Greystone, a leading commercial real estate lending, investment, and advisory company, has provided an $8,000,000 Fannie Mae Delegated Underwriting and Servicing (DUS(R)) loan to refinance a 30-acre manufactured housing property in Hemet, California. The transaction was originated by Matt Stevens in Greystone's San Diego office, on behalf of James Vance DiMaria and Casa Del Rey Estates LLC.

The $8,000,000 Fannie Mae loan carries a 10-year term with a 30-year amortization period at a low, fixed rate, with interest-only payments for the first three years. The proceeds enable the borrower to continue making ongoing capital improvements and monetize their existing equity in the property.

Situated on 30.66 acres in San Jacinto Valley, Casa Del Rey Mobile Homes Estates is an age-restricted manufactured housing community offering 267 single- and double-wide pads. Residents have access to two community clubhouses, two pools and spas, recreational and exercise facilities, as well as on-site parking, laundry facilities and a carwash area. The property is close to the cities of San Jacinto, Lakeview, Riverside and San Bernardino, and is 85 miles from Los Angeles.

"The Greystone team combines equal parts tenacity and creativity to deliver every client a best-in-class experience, every time," said Mr. Stevens. "This property has been a staple in our client's portfolio since the 1970s; securing the right financing meant we were helping them monetize four decades of ownership for their future plans, which is certainly rewarding."

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, Fannie Mae, and Freddie Mac 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 Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit www.greyco.com.

PRESS CONTACT:

Karen Marotta

Greystone

212-896-9149

Karen.Marotta@greyco.com

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