New York, NY, US View. NEW YORK, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $47 million in HUD-insured loans for five skilled nursing. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. Fred Levine is a Managing Director at Greystone, a commercial real estate lending, investment and advisory company. , whos spent nearly 20 years at the firm. Fred joined Greystone in 2001 and specializes in originating FHA-insured loans, Fannie Mae, Freddie Mac, CMBS and bridge financing, and a range of other solutions for the acquisition and refinancing of commercial real estate and healthcare facilities. All rights reserved. 2023 Greystone & Co. II LLC. Greystone Berry, 60, retired and departed HUD early in 2019 as director of production for. New York Skilled Nursing Facility Lands $10M Refi The transaction marks one of the largest-ever HUD loans for a skilled nursing facility, and caps over $200 . July 28, 2021 NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided a $15,800,000 million bridge loan for the acquisition of a skilled nursing, memory care, and personal care campus in Erie, Pennsylvania. delivered to your inbox. Greystone volunteers enjoyed creating birthday, caring and holiday cards to bring smiles and cheer to older adults throughout the year. Not the Fred Levine you were looking for? the residents of property," said Mr . The loans were originated by Fred Levine , managing director at Greystone. Learn more: https://bit.ly/3LlpPan View Fred Levine's email address (f*****@greyc***.com) and phone number. All Rights Reserved, Mailing: P.O. DOROTs mission to alleviate social isolation and loneliness has become even more important in recent years due to the pandemic. The long-term FHA financing for Pathways carries a 30-year term at a low, fixed rate, and enables . (business & personal). You can update your choices at any time in your settings. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and (except on the iOS app) to show you relevant ads (including professional and job ads) on and off LinkedIn. NEW YORK, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $50,100,000 bridge loan for the acquisition of a six-property. Greystone. Read more about this award here: https://spr.ly/6049OTCn7, Congratulations to Greystone's Jon Morales for being ranked by HousingWire as a 2023 rising star. Advertisement "We are thrilled to have helped our client complete this transaction to expand their SNF portfolio," Levine . 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. Greystone Centers In On New York Refinances Constructed by the borrower in 2000, Hampton Court Apartments consists of 19 garden-style apartment buildings offering two- and three-bedroom units with updated appliances, washer/dryer hook ups, and private outdoor living spaces. With HUDs full cooperation, and that of the buyer/borrower and the seller, both repeat Greystone clients, we were able to efficiently execute the financing and timing on favorable terms., HUDs partnerships with private lenders like Greystone are putting healthcare facilities across New York on firm financial footing for decades to come, said Lynne Patton, HUD Regional Administrator for New York and New Jersey. That's good for an almost 15 percent share of the market, which is the most among all HUD-qualified lenders. Working on behalf of skilled nursing operator Centers Health Care, Fred Levine of Greystone arranged over $100 million in HUD financing to refinance a couple of their New York SNFs. 1 healthcare lender for HUD-insured loans, Greystone has built a reputation for not only certainty of execution, but for creativity and sector expertise in the skilled nursing and assisted living world, Berry said in a statement. Find an expert by name, location, or specialty, discover the breadth and depth of our expertise, and get in touch to request a quote. Greystones longstanding commitment to the affordable housing market mirrors our own, and we value the teams expertise and finesse in getting these transactions to a quick close, said Mr. Elliott Stone, principal of Royal Castle Development. NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided a $15,800,000 million bridge loan for the acquisition of a skilled nursing, memory care, and personal care campus in Erie, Pennsylvania. Raleigh, North Carolina, United States . Years earlier, Centers had stepped in as the county-owned facilitys receiver, before purchasing it in December 2015 for nearly $9 million, including $3.8 million in liabilities. Greystone provided $75 million in FHA loans for the acquisition of the Optima Portfolio of skilled nursing facilities including Brookside Multicare in Smithtown, New York; White Plains Center for Nursing and Rehab in White Plains, New York; and Little Neck Nursing Center in Queens, New York. are not a party to, and are not liable for, any transactions with any party featured on this website. Zondas economists recently shared an update on the housing market. Learn more in our Cookie Policy. The $28,992,00 HUD-insured Section 223(f) financing carries a 35-year term and 35-year amortization, along with a low, fixed interest rate. His integrity is unparalleled, and his deep healthcare industry experience and insight into HUDs perspective will be invaluable to Greystone and our clients.. Top Greystone & Co. Employees Hafize Erkan Chief Executive Officer. 1 min read NEW YORK, April 21, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $24.9 million HUD-insured. NEW YORK, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Greystone, a leading commercial real estate lending, investment, and advisory company, announced it has provided a total of $46,510,000 in Fannie Mae. For more information, visit www.greystone.com, Harbert South Bay Partners Starts Construction on Luxury Assisted Living and Memory Care Senior Living Community in San Clemente, Mill Creek Breaks Ground on Its Second Arizona Community with 360-Unit Modera Reserve in Kierland Neighborhood of North Scottsdale, Aventon Companies Breaks Ground on 336-Unit Aventon Mikasa Luxury Apartment Community in Clements Ferry Corridor of Charleston, Greystar Launches New Renting Experience with 378-Unit Ltd. Med Center Apartment Community in Texas Medical Center District, The latest multifamily industry news
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