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

AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,