Greystone Provides Fannie Mae Refi on San Diego Mixed-Income
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. San Diego life sciences vacancy remains the lowest in the major life-science clusters, and multifamily fundamentals continue to be supported by a coastal supply ceiling. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 34th San Diego story tracked on the wire in August 2026. All San Diego coverage →
- Disclosed multifamily deal value tracked in August 2026: $16.4B across 160 reported transactions. All Multifamily coverage →
- 12 stories mentioning Greystone on the wire in the past 90 days. Greystone coverage →
Computed from Real Estate Trail’s own tracked coverage
Greystone provided a $46.79-million Fannie Mae loan to refinance The Nash, a 190-unit multifamily property located at 4135 Park Boulevard in San Diego’s North Park neighborhood. Greystone’s Clint Darby and Andre…
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