Greystone Provides $22.3 Million in Fannie Mae Financing for Ogden Apartment Complex

Multifamily property Canyon View Living on 12th refinanced with 5-year fixed-rate loan.

Published on Feb. 25, 2026

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Greystone, a leading national commercial real estate finance company, has provided a $22,336,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan to refinance Canyon View Living on 12th, a 108-unit multifamily property in Ogden, Utah. The financing carries a five-year term and amortization, with full-term interest-only payments.

Why it matters

This transaction highlights Greystone's expertise in the multifamily finance space and its ability to secure the right financing for clients across market cycles. The refinancing of the Ogden property also demonstrates the continued investment and development activity in Utah's growing real estate market.

The details

The $22,336,000 non-recourse, fixed-rate financing was originated by Lorie Hanson, Managing Director at Greystone, with Johnny Clawson from The Clawson Group, Inc. acting as correspondent. Constructed in 2024, Canyon View Living on 12th is a 4-story apartment building with one- and two-bedroom units set across 6.2 acres. The property features amenities such as a swimming pool, clubhouse, pet play area, fitness center, EV charging station and covered parking.

  • The financing was provided on February 25, 2026.

The players

Greystone

A leading national commercial real estate finance company.

Lorie Hanson

Managing Director at Greystone who originated the financing.

Johnny Clawson

From The Clawson Group, Inc. who acted as correspondent on the transaction.

Douglas Durbano

Principal of the borrower.

Canyon View Living on 12th

A 108-unit multifamily property in Ogden, Utah that was refinanced.

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What they’re saying

“At Greystone, our number one priority is serving our clients well, which means we are committed to securing the right financing in any market cycle.”

— Lorie Hanson, Managing Director at Greystone (Press Release)

“We chose Greystone because of the company's reputation for exceptional work—and the depth of knowledge and care from our team far exceeded our expectations.”

— Douglas Durbano, Principal of the borrower (Press Release)

The takeaway

This transaction demonstrates Greystone's leadership in the multifamily finance space, as the company was able to secure a favorable refinancing for the Ogden property amid continued investment and development activity in Utah's growing real estate market.