New York, New York, NY, United States, US, View Greystone Provides HUD Loan for Multifamily Complex in Michigan July 28, 2021 NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided a $15,800,000 million bridge loan for the acquisition of a skilled nursing, memory care, and personal care campus in Erie, Pennsylvania. Commercial lending across a variety of platforms such as Fannie Mae, Freddie Mac, CMBS, mezzanine, bridge, and proprietary loan products PRESS CONTACT:Karen MarottaGreystone212-896-9149Karen.Marotta@greyco.com. It's been the most active HUD multifamily and healthcare agency lender over that time, having doled out nearly $2.6 billion in commitments across 136 loans, per an update from Greystone. Brooklyn, NY Greystone has provided a $78.399 million HUD-insured permanent loan to refinance Boro Park Center for Nursing & Rehabilitation, a skilled nursing facility. Greystone is a real estate lending, investment and advisory company headquartered in New York City. Find contact details for 700 million professionals. Section 232 loans, a program that shields lenders from mortgage defaults and is geared to insure loans that facilitate the construction or rehabilitation of skilled nursing, intermediate care and assisted living facilities, among a couple other classifications; theres also the corresponding Section 232/223(f), which is available for purchases or refinancings of these asset types. October 04, 2021 12:33 ET Whether for seniors or children, these skilled nursing facilities will benefit from the stability that comes with low-interest federally-insured loans.. I may be getting old, but the excitement of helping quality operators acquire facilities so they can provide amazing care for their residents never gets old, said Mr. Levine. third parties, and we are not responsible for such. His integrity is unparalleled, and his deep healthcare industry experience and insight into HUDs perspective will be invaluable to Greystone and our clients.. For more information, visit www.greystone.com. Built in 1974, the 475-bed facility in the . Fred Levine - Greystone All Rights Reserved, Mailing: P.O. The financing was originated by Fred Levine, Managing Director at Greystone. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. This month is an opportunity to recognize the incredible contributions of AAPI communities and identities to our society, culture, and economy. The loans were originated by Fred Levine, managing director at Greystone. Real Estate Lending Fred Levine - Loan Originator - Greystone & Co. | LinkedIn Fred is one of the top health care originators in the country. Theres a value-add case study for you. Fred Levine, Greystone. New York-based multifamily and healthcare lender Greystone provided a $27.5 million HUD loan to Michigan and North Carolina-based multifamily developer Singh Development to refinance a 340-unit apartment community in Canton, Mich., Mortgage Observer has first learned.. Greystone's Fred Levine originated the 35-year, low-rate financing on Wyndchase Apartments, a luxury townhome and apartment . Required fields are marked *. Select Accept to consent or Reject to decline non-essential cookies for this use. Get contact details including emails and phone numbers Greystone Join us in taking the time to educate yourself and approach the AAPIumbrella with openness and curiosity to learn more about identities, history, and culture. Learn more: https://bit.ly/41OQUcG delivered to your inbox. HUD Veteran Joins Greystone, Focused on - Commercial Observer Fred Levine - Managing Director - Greystone | ZoomInfo Long Island Skilled Nursing Asset Snags $71M Refi He sources debt and equity finance solutions for owners ofmultifamily,seniors housingand healthcareproperties,in particularskillednursing and assisted living facilities. Zondas economists recently shared an update on the housing market. City University of New York-Brooklyn College, {{ userNotificationState.getAlertCount('bell') }}. The latest multifamily industry news delivered to your inbox. Managing Director Fred Levine of Greystone originated the permanent Federal Housing Administration (FHA) financing, which features a 30-year term and 30-year amortization as well as a low, fixed rate. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. Others Named Fred Levine. Box 1117, New Canaan, CT 06840. Fred is based out of New York, New York, United States and works in the Leasing Non-residential Real Estate industry. As the No. Working on behalf of skilled nursing operator Centers Health Care, Fred Levine of Greystone arranged over $100 million in HUD financing to refinance a couple of their New York SNFs. #affordablehousing #financingsolutions, Greystone welcomes Paul Donahue as a Managing Director! Greystone provides more than $34 million in loans to - REJournals Our expertise in the affordable housing space and our industry-leading HUD platform enables us to find solutions that meet the needs of our clients and, ultimately, the residents of property, said Mr. Levine. Search over 700 Gain access to the best healthcare and long-term care investment intelligence, data, and analysis. The facility features 54 semi-private units and 12 private units with a total of 120 beds. #WherePeopleMatter #Volunteer #Caring #Community#BuildingBelonging, Greystones Michael Zukerman spoke with Urban Land Institute about innovative strategies to address the #affordable housing crisis, including mixed-income developments, which can help address the supply issue. tenure will see him stationed in Detroit, Mich. as a senior production manager, working alongside Greystone managing director. Submit. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and (except on the iOS app) to show you relevant ads (including professional and job ads) on and off LinkedIn. Raleigh, North Carolina, United States . Sign up for a free account. Real Estate Investment The transaction marks one of the largest-ever HUD loans for a skilled nursing facility, and caps over $200 . Greystone Jul 2021 - Present1 year 10 months Co-Founder Cottonwood Funding Jan 2017 - Present6 years 4 months Monsey, New York Perform due diligence on investment opportunities in early stage. Find out the professional email of FRED LEVINE , Originador de prstamos, greystone servicing corporation, inc. GetEmail.io : get anyone's email address in seconds .

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