News: Brokerage

Rosewood Realty Group enters into correspondent relationship with Greystone

New York, NY Rosewood Realty Group, a New York-based commercial property investment sales firm, announced it has entered into a correspondent relationship with Greystone, a national commercial real estate finance company. This new relationship enables Rosewood to provide its clients with greater certainty of execution and access to Greystone’s debt offerings.

Rosewood’s approach to dispositions and acquisitions have helped the firm establish itself as a commercial broker. Rosewood’s clients will have more direct access to a broad range of 

Aaron Jungreis

capital solutions, particularly debt options, as part of their real estate portfolio activities.

Aaron Jungreis, founder and CEO, Rosewood Realty Group, said, “Working closely with Greystone is the missing capital markets puzzle piece our clients have been looking for, so we can bring full-services to them throughout the entire real estate lifecycle. Greystone’s offerings are more comprehensive than any other lender, but their approach to business and customer-first attitude is what truly aligns with Rosewood.”

“Aaron and his team are known for their tenacity and hands-on approach to achieving their clients’ goals. Greystone is excited to offer Rosewood our debt products to help further Rosewood’s industry-leading client offerings,” said Steve Rosenberg, CEO, Greystone.

In 2019, Jungreis brought Greg Corbin to Rosewood to serve as president of the bankruptcy & restructuring division. With over 20 years of experience in the distressed sector, Corbin and his team will offer a full spectrum of services for real estate creditors and debtors in Chapter 7 and Chapter 11. By year end, during their time with Rosewood, the division will have sold approximately 45 buildings or their membership interests through bankruptcy or foreclosure proceedings. Corbin said, “The platform expansion will benefit clients and enhance the services we offer to real estate creditors and debtors. In addition to selling properties through liquidation, we will be better equipped to provide capital, arrange joint ventures, and structure preferred equity transactions, allowing debtors to remain involved in distressed deals.”

In 2020, Rosewood launched a National Division to expand its reach throughout the country, and has already completed over $1.9 billion in transactions across 10 states since its launch. “We are looking forward to further growing the division and increasing our footprint and presence in additional targeted markets,” said Jonathan Brody, president of national investment sales at Rosewood. 

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
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
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
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,
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.