NEW YORK, Oct. 31, 2016 (GLOBE NEWSWIRE) -- Greystone Brown Real Estate Advisors today announced that Steve Mack has joined as Director, Multifamily Investment Sales. Mr. Mack previously worked at Brown Realty Advisors prior to its forming a joint venture with Greystone, which added national, institutional resources and a robust debt and equity platform for existing and new clients. Based in Hilton Head Island, South Carolina, Mr. Mack will head Greystone Brown’s team in the Carolinas and Coastal Georgia with a focus on conventional multifamily investment sales, business development and debt and equity placement.
Mr. Mack brings nearly 15 years of multifamily sales advisory experience to Greystone Brown. Prior to joining the firm, he was co-founder and Partner of Coastal Apartment Advisors from 2004 to 2016, where he was directly involved with transactions totaling $1.2 billion. Before forming Coastal Apartment Advisors, he worked with Brown Realty Advisors in Atlanta in multifamily sales.
“I’m thrilled to work again with the original Brown Realty Advisors team and excited for the wealth of opportunities and resources as part of Greystone,” said Mr. Mack. “My roots in South Carolina are an invaluable opportunity to continue expanding the presence of Greystone Brown and our unique offering as multifamily advisors.”
“The conventional multifamily sales team at Greystone Brown Real Estate Advisors has been a solid venture to capitalize on our strengths in advisory and debt and equity capabilities, and Steve’s experience and regional reach in the South will surely be an asset to our team,” said Greystone Real Estate Advisors President, Jim McDevitt.
About Greystone Brown Advisors
In 2016, Greystone and Brown Realty Advisors created a joint venture combining Greystone’s comprehensive financial platform and Brown Realty’s sales expertise in multifamily and retail properties throughout the southeast. In 2015, Brown Realty was #1 for sales of multifamily assets larger than 85 units built previous to 1995. Established in 1975, Brown Realty is one of the largest and oldest privately-held apartment brokerage firms in the South having closed more than $5 billion in acquisitions and dispositions.
Greystone is a real estate lending, investment and advisory company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA and Fannie Mae lender in these sectors. Our range of services includes commercial lending across a variety of platforms such as Fannie Mae, Freddie Mac, CMBS, FHA, USDA, bridge and proprietary loan products. Loans are offered through Greystone Servicing Corporation, Inc., Greystone Funding Corporation and/or other Greystone affiliates. For more information, visit www.greyco.com.
PRESS CONTACT: Karen Marotta Greystone 212-896-9149 Karen.Marotta@Greyco.com