PRESS RELEASE

Greysteel Announces Sale of Fountain Terrace Apartments in Des Moines

Greysteel announces the sale of Fountain Terrace Apartments, a 146-unit multifamily community in West Des Moines, Iowa. Completed in 2024 and 94% occupied at closing, the property attracted high investor interest due to its quality construction and prime location.

Greysteel Advisory Expertise

Greysteel is a commercial real estate advisory firm specializing in investment sales and debt and structured finance, serving private investors, middle-market operators, and institutional clients nationwide.

The firm provides sector-focused advisory across multifamily, healthcare, and affordable housing and other commercial real estate asset classes, delivering market intelligence, capital markets expertise, and disciplined execution.