tenure will see him stationed in Detroit, Mich. as a senior production manager, working alongside Greystone managing director. Greystone intends to move the financing to a permanent exit with a HUD-insured loan as soon as possible. NYREJ : The commercial real estate media source. Carver Living Center, located at 303 E. Carver St. in Durham, is the largest . About GreystoneGreystone is a 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. by Steve Monroe | Nov 30, 2018 7:00 am | Financings | 0 comments. The transaction was originated by Fred Levine, managing director in Greystone's Monsey office. , whos spent nearly 20 years at the firm. Long Island Skilled Nursing Asset Snags $71M Refi Greystone is a national commercial real estate finance company with an . Your email address will not be published. 2023 Greystone & Co. II LLC. No credit card required. Over the course of Berrys career at HUD, prior to assuming the role of director of production, the, Bailey Edelson Leaves JBG Smith for Buchanan Partners, U.S. Department of Housing and Urban Development. He sources debt and equity finance solutions for owners ofmultifamily,seniors housingand healthcareproperties,in particularskillednursing and assisted living facilities. New York, New York, NY, United States, US, View Now that the facility is fully stabilized with a 96% occupancy rate, Greystone provided a $71.78 million loan, or $151,000 per bed, with a 35-year term, to both refinance it and fund a cosmetic renovation. Mr. Donahue brings over 35 years of real estate capital markets expertise to Greystones lending platform, and is based in Boston, MA: bit.ly/3oB8TVS Welcome, Paul! 2023 Greystone & Co. II LLC. We are actively seeking to acquire stabilized skilled nursing, memory care, assisted living and independent living properties, said Eric Mendel, CEO of Avenir Healthcare Group and managing member of the Optima Care portfolio. Your email address will not be published. #wherepeoplematter #greystone, Greystone's Lorie Hanson recently closed $23.8M in Fannie Mae DUS Green Rewards financing for a 160-unit multifamily property in Nampa, Idaho. The long-term FHA financing for Pathways carries a 30-year term at a low, fixed rate, and enables . PRESS CONTACT:Karen MarottaGreystone212-896-9149Karen.Marotta@greyco.com. Greystone has been a trusted and reliable partner as we continue to build our portfolio of assets across the long term care continuum, and I am thrilled with the outcome and Greystones ability to execute long-term HUD financing straight away., We are thrilled to have led a record three closings in one day with HUDs New York office.
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