Latest news with #Greystone
Yahoo
22-05-2025
- Business
- Yahoo
Greystone Named Commercial/Multifamily Educator of the Year by the Mortgage Bankers Association
NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, was recognized as the Commercial/Multifamily Educator of the Year by the Mortgage Bankers Association (MBA). The award was announced this week at MBA's annual Commercial/Multifamily Finance Servicing and Technology Conference, taking place in Hollywood, Florida. The Educator of the Year Award recognizes MBA commercial/multifamily member companies that exemplify a commitment to learning and development. Award nominees are evaluated on three key areas: the organization's culture of, and commitment to, learning and professional development; its curriculum of training programs tied to helping employees to achieve job-relevant accreditations and enhance career development; and its focus on outcomes-based learning programs that are innovative and holistic in their support of employee career growth and leadership development. 'Greystone exemplifies what it means to prioritize people and professional development in the commercial/multifamily space,' said David Upbin, MBA Vice President, Education and Strategy. 'Their holistic approach to education and emphasis on continuous learning create lasting value—not only for their employees, but for the broader real estate finance industry. We're proud to recognize Greystone as this year's Commercial/Multifamily Educator of the Year.' 'Greystone is thrilled to be recognized for our ingrained culture of learning, professional development and support,' said Ms. Pranika Uppal, Greystone's Managing Director of Organizational Development & Culture. 'At its foundation, Greystone is a place 'Where People Matter' and we intentionally strive to show this to our employees through programs that cultivate talent at all levels across our organization.' About GreystoneGreystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit PRESS CONTACT:Karen
Yahoo
21-05-2025
- Business
- Yahoo
Greystone Closes $901.3 Million Multifamily CLO
NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, today announced the closing on May 21, 2025 of Greystone CRE Notes 2025-FL4, LLC, a $901.3 million Commercial Real Estate Collateralized Loan Obligation (CRE CLO) backed by bridge loans on multifamily properties. Greystone CRE Notes 2025-FL4, LLC marks the firm's seventh overall CRE CLO and its largest CLO to date. The collateral pool for Greystone CRE Notes 2025-FL4 comprises 13 whole loans and 15 loan participations, totaling $901.3 million, secured by 28 multifamily properties in 16 states. Made up of solely multifamily assets, the largest concentrations of the collateral pool are located in Georgia (13.5%), New Jersey (11.6%), Texas (10.5%), North Carolina (10.1%), Idaho (6.4%), Maryland (6.4%), and Pennsylvania (6.4%). This actively managed CRE CLO has a 3-year reinvestment period. 'Amid market fluctuations over the last several months, Greystone has stayed the course in our commitment to providing financing for quality assets, which is evident by the strong interest from bond investors,' said Ross Gusler, Head of Corporate Finance and Capital Markets at Greystone. 'Greystone continues to invest in its growing bridge lending platform across both the multifamily and healthcare sectors, and we are thrilled with the recent addition of Richard Dugoff as Head of Bridge Lending to lead this path.' To date, Greystone's Bridge-to-Agency (including Fannie Mae, Freddie Mac, and HUD) lending platform has provided $15 billion in short-term bridge loans across the multifamily and healthcare sectors. As the #1 provider of HUD loans for commercial properties* and a top 10 Fannie Mae and Freddie Mac multifamily lender, Greystone's active participation in the broader commercial mortgage market extends beyond providing debt to include sales advisory services, CRE asset management, and ownership/operational activities. Wells Fargo Securities LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, ATLAS SP Securities, Natixis Securities Americas LLC, and UBS Securities LLC served as lead managers of Greystone CRE Notes 2025-FL4. Capital One Securities served as a co-manager. This press release is for informational purposes only. It shall not constitute an offer to sell or a solicitation of an offer to buy any securities. About GreystoneGreystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit *HUD rankings are as of September 30, 2024, and are based upon combined originations of Greystone Servicing Company LLC and Greystone Funding Company LLC. PRESS CONTACT:Karen while retrieving data Sign in to access your portfolio Error while retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Greystone Closes $901.3 Million Multifamily CLO
NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, today announced the closing on May 21, 2025 of Greystone CRE Notes 2025-FL4, LLC, a $901.3 million Commercial Real Estate Collateralized Loan Obligation (CRE CLO) backed by bridge loans on multifamily properties. Greystone CRE Notes 2025-FL4, LLC marks the firm's seventh overall CRE CLO and its largest CLO to date. The collateral pool for Greystone CRE Notes 2025-FL4 comprises 13 whole loans and 15 loan participations, totaling $901.3 million, secured by 28 multifamily properties in 16 states. Made up of solely multifamily assets, the largest concentrations of the collateral pool are located in Georgia (13.5%), New Jersey (11.6%), Texas (10.5%), North Carolina (10.1%), Idaho (6.4%), Maryland (6.4%), and Pennsylvania (6.4%). This actively managed CRE CLO has a 3-year reinvestment period. 'Amid market fluctuations over the last several months, Greystone has stayed the course in our commitment to providing financing for quality assets, which is evident by the strong interest from bond investors,' said Ross Gusler, Head of Corporate Finance and Capital Markets at Greystone. 'Greystone continues to invest in its growing bridge lending platform across both the multifamily and healthcare sectors, and we are thrilled with the recent addition of Richard Dugoff as Head of Bridge Lending to lead this path.' To date, Greystone's Bridge-to-Agency (including Fannie Mae, Freddie Mac, and HUD) lending platform has provided $15 billion in short-term bridge loans across the multifamily and healthcare sectors. As the #1 provider of HUD loans for commercial properties* and a top 10 Fannie Mae and Freddie Mac multifamily lender, Greystone's active participation in the broader commercial mortgage market extends beyond providing debt to include sales advisory services, CRE asset management, and ownership/operational activities. Wells Fargo Securities LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, ATLAS SP Securities, Natixis Securities Americas LLC, and UBS Securities LLC served as lead managers of Greystone CRE Notes 2025-FL4. Capital One Securities served as a co-manager. This press release is for informational purposes only. It shall not constitute an offer to sell or a solicitation of an offer to buy any securities. About GreystoneGreystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit *HUD rankings are as of September 30, 2024, and are based upon combined originations of Greystone Servicing Company LLC and Greystone Funding Company LLC. PRESS CONTACT:Karen in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Greystone Closes $30 Million Debt Placement for Office Property in New Jersey
NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, closed a $30,000,000 debt placement for the acquisition of an office and mixed-use property in Tinton Falls, NJ. The financing was sourced by the Greystone Capital Advisors team led by Drew Fletcher, President, and Miryam Reinitz-Kops, Vice President, on behalf of Inspired by Somerset Development. One Commvault Way is a 277,000 square foot asset serving as the corporate headquarters of cybersecurity firm Commvault. The new owner intends to reimagine the space with added coworking, restaurants, retail, and recreation. The acquisition debt arranged by Greystone Capital Advisors is structured as a 3-year, interest-only, bridge loan with future funding to cover tenant improvement and leasing costs to execute the Sponsor's business plan. 'Our goal is to help clients grow, expand, and realize their plans for their diverse portfolios,' said Ms. Reinitz-Kops. 'The options for financing are vast, but it takes a skilled team to identify and hone in on the best solutions for a long-term vision.' 'Building on the success of our vision for the Bell Works complexes in Holmdel and Chicagoland, we are excited to provide a best-in-class offering for tenants and visitors at this Tinton Falls location,' said Ralph Zucker, President, Inspired by Somerset Development. 'Greystone Capital Advisors helped us expeditiously in securing the right debt solution while we execute on our vision for Bell Works Fort Monmouth.' About GreystoneGreystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit About Inspired by Somerset DevelopmentInspired by Somerset Development is a leading real estate developer focusing on large-scale transit-oriented and brownfield redevelopment projects, led by a team of principals with more than 40 years of development experience. The company has positioned itself as one of the nation's foremost real estate firms specializing in innovative mixed-use and adaptive reuse projects, including the planning and development of Traditional Neighborhood Design communities that evoke a strong sense of place and reflect a distinctive character. With several high-profile, large-scale redevelopment and development projects under construction or in the planning stages, Inspired has earned a quality reputation for its unwavering commitment to excellence through responsible development practices. For more information on Inspired by Somerset Development, contact the company by calling (732) 367-2828 or via the company's new website at PRESS CONTACT:Karen
Yahoo
20-05-2025
- Business
- Yahoo
Greystone Closes $30 Million Debt Placement for Office Property in New Jersey
NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, closed a $30,000,000 debt placement for the acquisition of an office and mixed-use property in Tinton Falls, NJ. The financing was sourced by the Greystone Capital Advisors team led by Drew Fletcher, President, and Miryam Reinitz-Kops, Vice President, on behalf of Inspired by Somerset Development. One Commvault Way is a 277,000 square foot asset serving as the corporate headquarters of cybersecurity firm Commvault. The new owner intends to reimagine the space with added coworking, restaurants, retail, and recreation. The acquisition debt arranged by Greystone Capital Advisors is structured as a 3-year, interest-only, bridge loan with future funding to cover tenant improvement and leasing costs to execute the Sponsor's business plan. 'Our goal is to help clients grow, expand, and realize their plans for their diverse portfolios,' said Ms. Reinitz-Kops. 'The options for financing are vast, but it takes a skilled team to identify and hone in on the best solutions for a long-term vision.' 'Building on the success of our vision for the Bell Works complexes in Holmdel and Chicagoland, we are excited to provide a best-in-class offering for tenants and visitors at this Tinton Falls location,' said Ralph Zucker, President, Inspired by Somerset Development. 'Greystone Capital Advisors helped us expeditiously in securing the right debt solution while we execute on our vision for Bell Works Fort Monmouth.' About GreystoneGreystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit About Inspired by Somerset DevelopmentInspired by Somerset Development is a leading real estate developer focusing on large-scale transit-oriented and brownfield redevelopment projects, led by a team of principals with more than 40 years of development experience. The company has positioned itself as one of the nation's foremost real estate firms specializing in innovative mixed-use and adaptive reuse projects, including the planning and development of Traditional Neighborhood Design communities that evoke a strong sense of place and reflect a distinctive character. With several high-profile, large-scale redevelopment and development projects under construction or in the planning stages, Inspired has earned a quality reputation for its unwavering commitment to excellence through responsible development practices. For more information on Inspired by Somerset Development, contact the company by calling (732) 367-2828 or via the company's new website at PRESS CONTACT:Karen in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
