NEW YORK CITY—The Greystone Bassuk Group has promoted Drew Fletcher to EVP. Previously a managing director at the firm, Fletcher will continue to work in conjunction with CEO Richard Bassuk in his new role.
In this new role, Fletcher is responsible for the management and growth of a fully-integrated real estate investment banking and capital advisory platform, which specializes in debt placement, equity/joint-venture transactions and strategic consulting services across all property types. Fletcher specializes in structuring creative equity and debt solutions for large-scale development transactions, with a particular focus on bond-financed multifamily projects and residential condominiums.
?“Since joining Greystone Bassuk in 2013, Drew's leadership has enabled significant growth of the Greystone Bassuk Group,” says Bassuk. “Going forward, I have tremendous confidence that he will steward expansion nationwide to complement the Greystone Bassuk Group's overall real estate finance and advisory capabilities.”
Adds Fletcher, “I am incredibly honored to work alongside Richard and continue his legacy as a trusted real estate finance advisor to developers in NYC and nationally as the Greystone Bassuk Group continues to grow.” Watch GlobeSt.com later this week for more commentary from Fletcher.
?Prior to joining Greystone Bassuk Group, Fletcher served as CFO at Edison Properties where he oversaw financial operations for a multi-generational real estate business with $200 million in revenue and total assets of $3 billion, including Manhattan Mini Storage and a portfolio of office and multifamily properties.
During his 14 years at Edison, Fletcher was involved with approximately $800 million in acquisitions, dispositions and development. Before serving as CFO, he held various leadership positions in finance, operations and real estate.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
