Company Research Report: Greystone & Co. II LLC
Company Overview
- Name: Greystone & Co. II LLC
- Mission: Greystone is a real estate company committed to caring for people and delivering impactful solutions to its clients. The company's culture is grounded in decision-making rooted in a greater purpose beyond itself.
- Year Founded: 1988
- Founder: Stephen Rosenberg
- Key People:
- Steve Rosenberg, Founder & Executive Chairman
- Rich Martinez, Head of Agency Production
- Nikhil Kanodia, Head of FHA Lending Group
- Headquarters: No information is available
- Number of Employees: Over 1,200 commercial real estate experts nationwide
- Revenue: No specific revenue details available; however, in 2023, Greystone produced $13 billion in CRE transaction volume.
- Known For: Being a top-ranked commercial real estate finance and investment company with significant presence in agency lending and a strong focus on multifamily and healthcare lending.
Products and Services
Products Offered
- Fannie Mae Lending
- Description: Direct agency lender offering reliable financing options.
- Key Features: High ranking as a top lender, particularly for small loans.
- Freddie Mac Optigo® Loans
- Description: Comprehensive loan solutions for multifamily real estate.
- Key Features: Strong partnership; ranked #6 overall lender.
- FHA/HUD Loans
- Description: HUD-insured loan offerings for multifamily and healthcare properties.
- Key Features: #1 ranking for multifamily and healthcare lending by HUD.
- CMBS
- Description: Commercial Mortgage-Backed Securities for varied property financing.
- Key Features: Innovative solutions tailored to client needs.
- Bridge & Mezzanine Financing
- Description: Short-term financing solutions available for transitional properties.
- Key Features: Customized solutions to address unique client requirements.
- Tax-Exempt Bonds and Equity
- Description: Financing options leveraging tax exemptions to optimize client capital structures.
- Key Features: Flexible and creative capital structuring.
- LIHTC Syndication
- Description: Low-Income Housing Tax Credit financing to support affordable housing development.
- Key Features: Focus on social impact through affordable housing initiatives.
Property Types
- Multifamily
- Healthcare
- Seniors Housing
- Affordable Housing
- Commercial Real Estate
Recent Developments
- Recent Developments:
- Continued leadership in agency lending with a #4 overall ranking and $7.7 billion in total volume in 2023.
- Recognized as the #1 HUD multifamily and healthcare lender for the 8th consecutive year.
- Significant growth in market share, particularly in Fannie Mae Small Loans, Seniors Housing, and Student Housing financing sectors.
- New Products Launched: No specific new product launches mentioned.
- New Features Added to Existing Products: No specific new features mentioned.
- New Partnerships:
- In 2021, entered into a strategic joint venture with Cushman & Wakefield, enhancing full-service investment sales, advisory, and lending services capability.
Additional Insights
Greystone demonstrates a commitment to adapting to market changes, particularly in agency lending products, and has showcased resilience in maintaining leadership positions amid a challenging lending environment. The company is poised to leverage its expertise in preferred equity amidst evolving capital structures resulting from fluctuating interest rates.
This report provides an in-depth look at Greystone & Co. II LLC, focusing on its strengths in commercial real estate finance as well as its strategy and market positioning. The report consolidates existing data and insights to offer a comprehensive overview of the company's operations and recent achievements.
