GlobeNewswire·Nov 10, 2026, 11:24 AM ET

Cushman & Wakefield and Greystone Close Sale and $39.2 Million in Fannie Mae Financing for a Multifamily Property in Mansfield, Texas

Cushman & Wakefield & Greystone arranged the sale of Evolv, a 334-unit multifamily property in Mansfield, Texas, providing $39.237 million in Fannie Mae financing for Greybrook Realty Partners.
The transaction involves a five-year fixed-rate loan with three years of interest-only payments followed by a 35-year amortization schedule.
Evolv, built in 2012, spans 18.6 acres & features 334 residences equipped with stainless steel appliances, granite countertops, & private patios or balconies.
Community amenities at Evolv include a resort-style pool, 24-hour fitness center, clubhouse, outdoor kitchen, playground, dog park, & garage parking.
This acquisition marks the third asset in Greybrook's U.S. Multifamily Income & Growth Fund, following two properties in the Atlanta metropolitan area.
Cushman & Wakefield's Grant Raymond & Asher Hall represented the seller, while Greystone's Richard Kourbage, Garvin Lee, & Gillian McIlroy handled the financing.
Mansfield's location offers access to major employment centers via State Highway 360 & U.S. Highway 287, situated near retail, dining, & schools.
Greybrook Realty Partners is a Toronto-based private equity firm with over two decades of experience managing real estate investments across North America.

Company: Greystone
Keywords: Greystone, Greystone, Fannie Mae financing, multifamily, Cushman & Wakefield, Mansfield, Texas, Evolv, Dallas-Forth Worth, agency financing