Two new developments point to signs of financial distress at Mainstreet. First, a former Mainstreet executive is suing the Carmel, Indiana-based organization, alleging that it terminated him in November 2017—“in plain violation” of his employment contract and “without cause”. The move, the plaintiff claims, was made so that Mainstreet could save money, as it was facing […]
AVANA Capital
Greystone Secures $19 Million in Refinancing for Dallas-Based Senior Housing Properties Greystone, a New York-based real estate lending, investment and advisory firm, has secured $19 million in refinancing of two undisclosed seniors housing assets located in Dallas and in nearby suburb DeSoto, according to REBUSINESS. Both loans were secured through Freddie Mac’s Targeted Affordable Housing (TAH) […]