CHICAGO—Greystone, a New York-based firm that provides multifamily and healthcare mortgage loans, has just hired Ted Nasca as a Chicago-based managing director. Nasca will report to Robert Russell, head of production for Greystone's CMBS Group. In his new role, Nasca will focus on establishing a stronger CMBS presence for Greystone in the central states through Texas.
Prior to joining Greystone, Nasca was responsible for originating life company, CMBS and agency loans in the for Guggenheim Commercial Real Estate's central region. Prior to Guggenheim, he worked at Cantor Fitzgerald and Credit Suisse, where he spent 10 years originating CMBS loans. Nasca began his career at Sumitomo Bank of California as a real estate loan officer.
Greystone arranges debt for borrowers by working with agency partners such as Fannie Mae, Freddie Mac and the FHA. The company also offers its own capital for bridge and mezzanine loans. In 2013 company officials said Greystone was the top-ranked firm in combined multifamily and healthcare FHA lending and ranked third in affordable housing as a Fannie Mae DUS lender. As reported in GlobeSt.com, the firm is also a top Freddie Mac lender for seniors housing.
“We are thrilled that Ted has joined our rapidly growing CMBS team,” says Russell. “His roots in the central states will be extremely valuable as regions such as Texas continue to show increased demand for CMBS lending.”
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
