Greystone Closes Over $210 Million in Seniors Housing Lending Transactions
December 9, 2015
Seniors Housing Debt and Structured Finance Team Exhibits Depth and Breadth in Financial Advisory for Acquisitions, Construction and Refinancing with Record Volume
Greystone announced it has closed $210,545,331 in previously unannounced financing for seniors housing properties since August 2015. The financing for 11 transactions includes a range of loan products and debt placements, including Fannie Mae, Freddie Mac, life companies and bank financing.
The properties range in location across the country and in size and service make-up, including age restricted, independent living, assisted living, Alzheimer’s care, as well as buildable land.
“Having focused on broadening Greystone’s capabilities for financial advisory in the seniors housing sector, the results clearly show that we’re nimble and able to execute on a variety of debt and lending platforms,” said Scott Kavel, Managing Director at Greystone.
“The most critical component of our success is the credibility and trust we have built with our clients and capital partners to ensure the best options are available for any financing scenario,” added Cary Tremper, Managing Director at Greystone.