News: Brokerage

Greystone launches preferred equity platform

Manhattan, NY Greystone launched a preferred equity and joint venture advisory and production group, to be led by Matthew Zisler, senior managing director. The equity platform is intended to provide subordinate financing and help meet borrowers’ changing capital needs during today’s higher interest rate environment as financing transactions commonly yield lower senior loan proceeds.

Greystone Equity utilizes the firm’s balance sheet as well as existing market relationships to provide equity and preferred equity solutions to clients and is intended to be coupled with some of Greystone’s Agency or bridge financing solutions. Terms and requirements for preferred equity placed by Greystone varies depending on the senior loan product with which it is coupled.

“Our primary goal is to address and solve for borrowers’ pain points with their capital needs, and the growing amount of equity needed to close is a common concern in today’s market,” said Zisler. “With this complementary platform, we can provide our clients with the best in multifamily financing solutions while providing options to complete the capital stack.” 

Zisler, who joined Greystone earlier in 2023, has over 20 years of experience in commercial real estate acquisitions, capital raising, equity investments, and structured financing. He was previously a co-founder, principal, and COO of Zisler Capital Associates leading its equity and preferred equity transactions business, and served as a managing director at AckmanZiff Real Estate Group. Zisler is a registered real estate broker in the state of Colorado and a registered securities representative, holding FINRA Series 7 and 63 licenses.  

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
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,
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
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,