NEW YORK--(BUSINESS WIRE)--
Greystone, a leading national provider of multifamily and healthcare mortgage loans, today announced it has closed a $60.5 million bridge loan for a 664-unit multifamily property in Roswell, GA.
“We are grateful to have had the opportunity to perform for the borrower and the correspondent on this transaction,” said Martin Lanigan, head of Greystone’s Portfolio Lending Group. “As we knew from the beginning, time was of the essence and we were able to get the execution done in a very efficient manner,” he added.
Greystone provides mortgage finance solutions across multiple platforms, including FHA, Fannie Mae, Freddie Mac, USDA, CMBS, bridge, mezzanine and other proprietary loan programs. In 2013, Greystone was ranked #1 in combined multifamily and healthcare FHA lending, ranked #1 in Small Loans and #3 in Affordable Housing as a Fannie Mae DUS lender in 2013, and is a top-5 Freddie Mac lender for seniors housing.
Greystone is a financial services and private investment group whose original core business is multifamily real estate lending. Over the years, Greystone has added business lines that are related to, and natural extensions of, its core business. Headquartered in New York with offices across the U.S., Greystone is active in three major business segments: Mortgage Finance, Healthcare and Real Estate. Greystone’s mission is to apply unparalleled creativity while modeling corporate compassion. Loans are offered through Greystone Servicing Corporation, Inc., Greystone Funding Corporation and/or other Greystone affiliates. For more information, please visit www.greyco.com.
Karen Marotta, 212-896-9149