Greystone’s Philadelphia-Based Lending Support Team Crosses $1 Billion Mark
November 20, 2018
Greystone announced that its Philadelphia-based transactions support team has helped to close over $1 billion in loan originations since establishing in 2016. Led by Dan Gillard, the team manages transactions for a range of Greystone originators nationwide.
Leveraging both in-house experience at the GSEs as well as leading national banks and private lenders, the Philadelphia-based team serves an integral role in Greystone’s customer service strategy. By working in lockstep with the production and underwriting teams, Mr. Gillard and his team ensure a smooth experience for borrowers as they progress from application to closing of commercial real estate loans. To date, the team has helped to close a $97.7 million multifamily portfolio acquisition in Frederick, MD and Atlanta, GA; an $82.3 million portfolio acquisition in Hempstead and Astoria, NY; and a three-property suburban Detroit refinance deal for $72.5 million, all of which were financed with Fannie Mae DUS loans.
“While we have proven our strengths as trusted loan stewards for many of Greystone’s most valued clients, we are also thrilled to offer direct loan options for the local Philadelphia market and beyond,” said Mr. Gillard. “With another $500 million in the pipeline for this year, we are poised for a record year of loan originations support.”
“Dan’s transaction team is an invaluable addition to Greystone’s lending operations, and I congratulate them for reaching this milestone in support of Greystone’s overall origination volume,” said Rick Wolf, Senior Managing Director, Greystone.