Greystone Capital Advisors Arranges $166.2 Million Freddie Mac Loan for The Core at Station Yards

Greystone Capital Advisors Arranges $166.2 Million Freddie Mac Loan for The Core at Station Yards

Benzinga
August 7, 2025

NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has announced it has provided a $166,205,000 Freddie Mac-backed permanent loan on behalf of TRITEC Real Estate Company and The Olayan Group to refinance The Core at Station Yards, a newly delivered, 388-unit, mixed-use residential, office and retail complex in Ronkonkoma, NY. The 10-year, fixed-rate loan was arranged by Greystone Capital Advisors and originated by Greystone Servicing Company LLC as it was a previous refinance construction financing from ING.

Located at 3 Hawkins Avenue, The Core defines the next chapter of Station Yards, introducing the first retail and office spaces within the +2 million square foot, transit-oriented master development directly adjacent to the Ronkonkoma Long Island Rail Road station. The Property features 388 Class A rental units, approximately 83,500 square feet of office and retail space, and 1,229 parking spaces. Since its delivery in September 2024, The Core has quickly emerged as Long Island's premier live-work-play destination, adding critical housing options in a supply-constrained market ...

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