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Greystone Expands Presence in Houston with Addition of Senior Loan Originators

NEW YORK, April 29, 2019 (GLOBE NEWSWIRE) -- Greystone, a leading commercial real estate lending, investment, and advisory company, announced that it has expanded its Houston-based team with the addition of Ed Gray as a Managing Director and Brooks Steele as a Director.

Joining from Sabal Capital Partners, LLC, Messrs. Gray and Steele will help drive loan origination efforts in the Houston, TX region across a range of lending platforms, including Fannie Mae, Freddie Mac, FHA, CMBS, bridge and mezzanine. They join Greystone’s growing lending and sales advisory group based in the Bayou City, expanding its integrated and seamless offering for property investors across various stages of the real estate investment lifecycle.

Mr. Gray brings to Greystone over 15 years of real estate industry experience with positions in originating Agency and bridge loans, evaluating debt, CMBS underwriting, and managing due diligence teams. In addition to Sabal, he has held roles at CBRE, Citi, Beal Bank, and Spring11 LLC. He earned a Master’s degree from Texas A&M University and a Bachelor’s degree from The University of Texas at Austin.

As a Director, Mr. Steele brings five years of underwriting and lending experience, including nearly four years at J.P. Morgan managing a $1.2 billion portfolio of assets across the multifamily, office, retail, and industrial sectors. He earned a Bachelor’s degree in Finance from the University of Texas at Austin.

“The addition of Edward and Brooks greatly strengthens Greystone’s end-to-end expertise, capable of providing significant depth in any product or service desired by a real estate investor, including acquisitions or refinancing of assets for the short or long term across a variety of product options,” said Rick Wolf, Executive Managing Director at Greystone. “We believe the Texas market, and Houston in particular, is ripe for opportunity and we are thrilled they have joined us.”

About Greystone
Greystone is a real estate lending, investment, and advisory 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. Our range of services includes commercial lending across a variety of platforms such as Fannie Mae, Freddie Mac, CMBS, FHA, USDA, bridge and proprietary loan products. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit www.greyco.com.

Karen Marotta