NEW YORK, Sept. 3, 2014 (GLOBE NEWSWIRE) -- Greystone, a leading national provider of multifamily and healthcare mortgage loans, announced that Jeffrey Levien has joined Greystone Bassuk Group as a Managing Director. Levien will report to Richard Bassuk, head of Greystone Bassuk Group, and will focus on providing strategic real estate consulting and advisory services, and assisting with the development of creative structured finance products for owners and developers of multifamily assets.
Jeff brings more than 20 years of diverse real estate experience with a background grounded in principal investing, public and private finance and partnership structuring, commercial development and leasing, distressed debt, and law. Throughout his career, Jeff has sourced, identified, and executed over $3 billion of real estate investments. Prior to joining Greystone, Jeff was a Partner at Street-Works Development, where he directed a variety of real estate investments and developments. He has also served as Co-Founder and Principal of Scott-Lawrence Realty & Development Corp., and as an attorney at Camhy Karlinsky & Stein LLP (now known as Greenberg Traurig).
"As our relationship with Greystone grows deeper and our capabilities expand, we are thrilled to have Jeff join the team. With his diverse background in multiple asset classes and work in other cities around the U.S., Jeff can help structure financing for developers as part of a more expansive and national effort," said Mr. Bassuk. "As developers continue to creatively mix uses within a project, face expanding local affordable housing requirements, and contend with increasing land prices, developers increasingly need access to innovative thinking and alternative debt and equity sources in order to see their projects come to fruition."
Greystone provides mortgage finance solutions across multiple platforms, including FHA, Fannie Mae, Freddie Mac, USDA, CMBS, bridge, mezzanine and other proprietary loan programs. In 2013, Greystone ranked #1 in combined multifamily and healthcare FHA lending, #3 in Affordable Housing as a Fannie Mae DUS lender, and as a top-5 Freddie Mac lender for seniors housing.
Greystone is a financial services and private investment group whose original core business is multifamily real estate lending. Over the years, Greystone has added business lines that are related to, and natural extensions of, its core business. Headquartered in New York with offices across the U.S., Greystone is active in three major business segments: Mortgage Finance, Healthcare and Real Estate. Greystone's mission is to apply unparalleled creativity while modeling corporate compassion. Loans are offered through Greystone Servicing Corporation, Inc., Greystone Funding Corporation and/or other Greystone affiliates. For more information about Greystone's multifamily and healthcare financing solutions please visit http://www.greyco.com.
About Greystone Bassuk Group
The Greystone Bassuk Group, a joint venture between The Bassuk Organization and Greystone, provides real estate and financial services, including creative debt and equity financing. For more information, visit http://www.greystonebassuk.com.
CONTACT: PRESS CONTACT: Karen Marotta PR Manager, Greystone 212-896-9149 KMarotta@Greyco.com