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Gregory Krafcik to Lead Southeast CMBS Production for Greystone

NEW YORK, Nov. 18, 2014 (GLOBE NEWSWIRE) -- Greystone, a leading national provider of multifamily and healthcare mortgage loans, announced that Gregory Krafcik has joined Greystone as a Managing Director. Based in Atlanta, GA, Mr. Krafcik will report to Robert Russell, head of production for Greystone's CMBS Group. In this role, Mr. Krafcik will focus on originating new loans and establishing a stronger CMBS presence for Greystone in the Southeast.

Mr. Krafcik joins Greystone from Prudential Mortgage Capital Company, where he led the Southeast commercial mortgage originations team across CMBS, life insurance, and agency loan platforms. While there, he led origination of over $1 billion in commercial mortgages. Prior to his tenure at Prudential, Greg worked as a business strategy consultant for the financial services sector at Accenture.

"The appetite for CMBS continues to grow nationwide, and we are thrilled to expand our team in the Southeast with the addition of Greg," said Mr. Russell. "His leadership, track record and expertise in CMBS originations will all serve as valuable assets to Greystone for years to come."

Mr. Krafcik earned a Bachelor's degree from Northwestern University and an MBA from the Kellogg School of Management with concentrations in Real Estate, Finance, and Marketing.

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.

About Greystone

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

Source: Greystone