NEW YORK CITY—Greystone Real Estate Advisors has added Brown Realty Advisors of Atlanta to its network. The new joint venture, Greystone Brown Real Estate Advisors, will provide multifamily advisory services to clients in the Southeast for both market-rate and affordable housing properties. It will capitalize on Greystone's financial platform and Brown Realty Advisors' multifamily sales expertise in the region.

Greystone's national debt and advisory platform is expected to enhance Brown Realty Advisors' investment sales presence in the Southeast and allow the joint entity to offer multifamily owners and investors an array of agency and proprietary debt options.

"We are thrilled to team up with Greystone and leverage its national brand and reputation, not to mention their robust platform of debt options that our clients will find to be a seamless component of our newly expanded offerings," says Bo Brown, president, Greystone Brown Real Estate Advisors. "We have long known that Greystone and Brown Realty Advisors were like-minded organizations with a commitment to excellent client service and look forward to amplifying our combined strengths in the multifamily sales market."

"Brown's team of multifamily sales professionals present the perfect complement to Greystone's desire to offer sound sales advisory services for the private capital market," adds Jim McDevitt, president, Greystone Real Estate Advisors. "With our affordable and seniors housing teams already in place, the addition of a market-rate focus poises Greystone to be a leader in comprehensive multifamily advisory services going forward."

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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.