NEW YORK, Sept. 29, 2014 (GLOBE NEWSWIRE) -- Greystone, a leading national provider of multifamily and healthcare mortgage loans announced that Erik Edwards has joined Greystone as a Managing Director. Based in San Diego, Mr. Edwards will report to Robert Russell, head of production for Greystone's CMBS Group. In this role, Mr. Edwards will focus on originating new loans and establishing a stronger CMBS presence for Greystone in the Western United States.
With 12 years of real estate experience, Mr. Edwards has executed transactions in excess of $2 billion during his career. He brings diverse real estate experience to Greystone with a background in CMBS, construction and bridge lending, and distressed debt. Prior to joining Greystone, he was a Vice President with Wells Fargo's Real Estate Capital Markets Group where he led Wells' Small Loan CMBS program origination efforts in the Western United States. Prior to that, he managed over $250 million in distressed commercial real estate loans and facilitated multiple loan restructures. Erik previously held positions with iStar and Cushman & Wakefield.
"Erik's knowledge of the West Coast lending market – across all real estate asset classes – and his deep experience with CMBS is a fantastic complement to our growing team," said Mr. Russell.
Mr. Edwards earned a Bachelor's degree from the University of California at Santa Barbara and an MBA from the University of California at Irvine and is a licensed California Real Estate broker.
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.
CONTACT: PRESS CONTACT: Karen Marotta PR Manager, Greystone 212-896-9149 KMarotta@Greyco.com