Top Seniors Housing Finance Executive Cary Tremper Joins Greystone to Boost Healthcare Lending Production
April 28, 2014
Greystone announced that Cary Tremper has joined its senior housing finance team. As a Managing Director, Tremper will focus on origination across Greystone’s FHA, Fannie Mae, Freddie Mac, bridge and mezzanine platforms for independent and assisted living, skilled nursing, and memory care / Alzheimers properties.
Tremper brings career loan origination of more than $3 billion and over 15 years of real estate finance experience to Greystone, and will report to Joe Mosley, Executive Vice President and Head of Agency Production. Tremper most recently led KeyBank’s Healthcare Mortgage Banking and FHA lending platforms, pushing KeyBank to the top for Fannie Mae and Freddie Mac seniors housing production for the last three years. He previously served as Managing Director for BBVA Compass Healthcare Real Estate Lending Group.
“We are beyond thrilled that Cary has joined the team to elevate Greystone’s production capabilities in seniors housing,” said Mosley. “His track record speaks for itself, and we know he will add immediate value to our healthcare platform.”
“Greystone’s entrepreneurial culture genuinely aligns with my personal goal to grow an industry-leading healthcare finance business, and I look forward to the opportunity to put all of Greystone’s finance tools to use,” said Tremper.
Tremper received a B.B.A. at the Texas Christian University M.J. Neely School of Business and serves as an Executive Board Member of the American Seniors Housing Association (ASHA). He is also active as a speaker and member of the conference planning committee for National Investment Council (NIC).
Greystone’s Healthcare Reach Continues to Grow
Tremper will join forces with Scott Kavel, Managing Director and Greystone’s head of seniors housing finance, to build a preeminent lending and seniors housing finance group specializing in advising owners of independent living properties, “private pay” assisted living communities, and memory care facilities on refinancing or repositioning their assets.
Over time, Greystone has been systematically building a dynamic healthcare finance platform and reaching industry milestones, including having closed the first Freddie Mac revolving credit facility for seniors housing for $150 million in January 2014. According to the Mortgage Bankers Association, Greystone originated the most loans in 2013 for seniors housing with 517 transactions.
Greystone provides mortgage finance solutions across multiple platforms, including FHA, Fannie Mae, Freddie Mac, USDA, CMBS, bridge, mezzanine and other proprietary loan programs. In 2013, Greystone ranked #1 in combined multifamily and healthcare FHA lending, #3 in Affordable Housing as a Fannie Mae DUS lender, and as a top-5 Freddie Mac lender for seniors housing.