News: Brokerage

Provident Bank hires Green as a vice president, commercial lender

According to Provident Bank, Melissa Green has joined the company as a VP, commercial lender and will work as part of the Rockland team. With 30 years of experience as a financial services professional with proven sales, credit, underwriting and financial analysis skills, she brings a wealth of valuable knowledge to the bank. "Melissa Green brings a wealth of knowledge to the commercial lending team,'' said George Strayton, president and CEO of Provident National Bank. "We are privileged to have her here at Provident bank." Most recently, Green worked for the consulting firm of Ed Tristram Associates. Prior to that, she served as regional credit administrator, first VP of commercial mortgage lending for Washington Mutual Bank. Green is also the creator of "The Tile Quilt Project," a permanent 9/11 memorial of 300 mosaic tiles designed by students and staff at the Intermediate School 89 in Manhattan, where it is on display. She holds a Master's of Arts degree from New York University and is a member of Women in Housing and Finance and Real Estate Lenders Association.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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
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
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,