Greystone Expands Lending in Texas with Additions to Houston Office
August 6, 2018
Greystone is expanding its lending footprint in Texas with the addition of managing directors Gill Dolan and Blake Willeford to its recently-established Houston office.
A full-service commercial real estate capital provider, Greystone offers investors access to a complete capital stack, including senior mortgage options such as Fannie Mae, Freddie Mac, Small Balance, Floating-Rate Bridge, and FHA/HUD, in addition to Mezzanine and JV Equity. Greystone established a Houston office earlier this year with an investment sales team.
“We’re thrilled that our new lending team will help Houston’s real estate investors get what they need through Greystone’s full-service lending capabilities,” said Mr. Billy Posey, head of Greystone’s lending operations.
“Greystone’s outstanding reputation precedes itself, and to join an organization of this caliber is truly exciting,” said Mr. Dolan. “With a full suite of capital products, combined with professionalism, efficiency, and certainty of execution, this is an established platform poised for tremendous growth in our market.”
“The timing couldn’t be better,” adds Mr. Willeford. “The Houston Multifamily market fundamentals are as strong as we’ve seen in the last three years. Being a part of a company that recognizes opportunity and proactively seeks out ways to capitalize on it is incredibly exciting.”
Mr. Dolan joins Greystone with over 10 years of experience in commercial real estate finance, completing more than $1.5 billion of commercial real estate loan transactions. Prior to Greystone, he handled loan originations at Grandbridge Real Estate Capital across a broad array of products, including Fannie Mae, Freddie Mac, insurance company, CMBS, bridge, and HUD-insured loans. Prior to GBRE, Mr. Dolan was an analyst at Prudential Mortgage Capital, originating, underwriting, and closing mortgages nationally across all property types.
Mr. Willeford joins with 20 years of experience in the commercial real estate industry and deep expertise in real estate finance transactions throughout the United States. He has handled capitalizations on a broad range of product types, including multifamily, retail, office, industrial, land and self-storage. He has experience originating, mezzanine and bridge loans utilizing all capital sources, including life insurance companies, banks, Fannie Mae, Freddie Mac, CMBS, and investment funds. Previously, Mr. Willeford served as a commercial loan officer at Grandbridge Real Estate Capital.