Daniel Gillard, managing director, Greystone & Co.
PHILADELPHIA, PA—Greystone, a New York-based commercial real estate lending, investment, and advisory company, today announced that its Philadelphia-based transactions support team has helped to close more than $1 billion in loan originations since establishing in 2016.
Led by Dan Gillard, the team manages transactions for a range of Greystone originators nationwide.
“While we have proven our strengths as trusted loan stewards for many of Greystone's most valued clients, we are also thrilled to offer direct loan options for the local Philadelphia market and beyond,” says Gillard. “With another $500 million in the pipeline for this year, we are poised for a record year of loan originations support.”
Leveraging both in-house experience at the GSEs as well as leading national banks and private lenders, the Philadelphia-based team serves an integral role in Greystone's customer service strategy. By working in lockstep with the production and underwriting teams, Gillard and his team ensure a smooth experience for borrowers as they progress from application to closing of commercial real estate loans.
To date, the team has helped to close a $97.7 million multifamily portfolio acquisition in Frederick, MD and Atlanta, GA; an $82.3 million portfolio acquisition in Hempstead and Astoria, NY; and a three-property suburban Detroit refinance deal for $72.5 million, all of which were financed with Fannie Mae DUS loans.
“Dan's transaction team is an invaluable addition to Greystone's lending operations, and I congratulate them for reaching this milestone in support of Greystone's overall origination volume,” said Rick Wolf, senior managing director, Greystone.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
