News: Brokerage

Greystone appoints co-chief officers, names new head of agency lending

Manhattan, NY  Greystone has named new co-chief operating officers, Chip Hudson and Greg Lyss. Hudson previously served as CEO of Greystone’s Agency lending platform, and Lyss as chief investment officer at Greystone. Together, they will oversee Greystone’s operating businesses, including its industry-leading lending, servicing and asset management platforms, in addition to the firm’s award-winning, innovation-driven technology operation.

Charlie Baxter, a 20-veteran of the firm previously serving as both chief operating officer and chief credit officer of Greystone’s Agency lending platform, has assumed the role of CEO for Greystone’s Agency lending platform, a critical touchpoint for the firm’s continued and successful collaboration with Fannie Mae and Freddie Mac. Greystone is currently the #3 overall multifamily lender for Fannie Mae and #6 overall multifamily lender for Freddie Mac, by loan volume, and maintains top five rankings for affordable housing, seniors housing, and small loan volume with both GSEs.

“Having such a dynamic and diversified business, Greystone will be positioned for long-term success by elevating both Chip and Greg to the COO position, working alongside me to guide the firm into our next phase of growth,” said Steve Rosenberg, founder and chief executive officer of Greystone. “No doubt, we have seen some market changes in CRE over the last few years, but the one constant is Greystone’s unwavering commitment to making an impact on others with our efforts, and ensuring we continue to honor the legacy of our founding and former COO, the late Curt Pollock.”

MORE FROM Brokerage

Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account