NEW YORK, April 20, 2015 (GLOBE NEWSWIRE) -- Greystone, a real estate lending, investment and advisory company, announced that Steve Cho has joined Greystone as a Managing Director. Based in Chicago, Mr. Cho will report to Robert Russell, head of production for Greystone's CMBS Group. In his new role, Mr. Cho will focus on building Greystone's CMBS presence in the central states through Texas.
Mr. Cho brings to Greystone over 17 years of diverse real estate experience in CMBS originations, distressed loan restructurings and dispositions, and private equity acquisitions. Just prior to joining Greystone, he was a Managing Director at Royal Bank of Scotland and the sole CMBS originator in the Central region. Serving there for 12 years he also managed to resolution, during the most recent economic downturn, a $1.7 billion portfolio of legacy loans and REO.
Prior to RBS, Mr. Cho worked in the private equity acquisitions and financial engineering groups at Fortress Investment Group. Mr. Cho earned a Bachelor's degree from Harvard University.
"Steve will serve as an incredible complement to our growing origination team in the central region, as we see a tremendous amount of CMBS transaction opportunity building there," said Mr. Russell.
Greystone provides mortgage finance solutions across multiple platforms, including FHA, Fannie Mae, Freddie Mac, USDA, CMBS, bridge, mezzanine and other proprietary loan programs. In 2014, Greystone ranked in the top 10 for Fannie Mae's largest DUS lenders.
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