Scott Levine - Vice President - Greystone | LinkedIn The complex includes six buildings comprising 139 skilled nursing beds, of which 39 are for a dedicated for Memory Care residents; 131 licensed personal care beds; and 91 residential living units. Here are some key takeaways:https://bit.ly/3UTFN01 1 healthcare lender for HUD-insured loans, Greystone has built a reputation for not only certainty of execution, but for creativity and sector expertise in the skilled nursing and assisted living world, Berry said in a statement. Find an expert by name, location, or specialty, discover the breadth and depth of our expertise, and get in touch to request a quote. Greystone Provides a Total of $47 Million in HUD-Insured Submit. Not the Fred Levine you were looking for? NEW YORK, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Greystone, a leading commercial real estate lending, investment, and advisory company, announced it has provided a total of $46,510,000 in Fannie Mae. Greystone provided $75 million in FHA loans for the acquisition of the Optima Portfolio of skilled nursing facilities including Brookside Multicare in Smithtown, New York; White Plains Center for Nursing and Rehab in White Plains, New York; and Little Neck Nursing Center in Queens, New York. #housingmarket #mortgagerates, Earlier this year, GreystonesDEIteam and DEI committee leaders came together with our Human Resources and Marketing teams to serve Senior adultcommunities and help decrease social isolation through DOROTs card making volunteerwork. With Interstate 95 in close proximity, the property offers easy access to some of the areas top employers, medical facilities, downtown West Palm Beach shopping, golf courses and beaches, as well as Palm Beach International Airport. Required fields are marked *. Fred Levine - Managing Director - Greystone | ZoomInfo All Rights Reserved, Mailing: P.O. Fred Levine - Greystone Fred joined Greystone in 2001 and specializes in originating FHA-insured loans, Fannie Mae, Freddie Mac, CMBS and bridge financing, and a range of other solutions for the acquisition and refinancing of commercial real estate and healthcare facilities. The financing was originated by Fred Levine, Managing Director at Greystone. Greystone Monticello LLC, a bridge lending platform intended to serve as a one-stop shop provider of capital finance products and services for the senior housing, healthcare and multifamily. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. delivered to your inbox. Patrick Berry, a 35-year veteran of the U.S. Department of Housing and Urban Development (HUD), has joined one of the countrys largest and most prominent agency lending and servicing operations as a senior member within its healthcare lending group, Commercial Observer has learned. Located on opposite sides of the state, these facilities were each acquired a few years ago from not-for-profit owners. With HUDs full cooperation, and that of the buyer/borrower and the seller, both repeat Greystone clients, we were able to efficiently execute the financing and timing on favorable terms., HUDs partnerships with private lenders like Greystone are putting healthcare facilities across New York on firm financial footing for decades to come, said Lynne Patton, HUD Regional Administrator for New York and New Jersey. third parties, and we are not responsible for such. 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. That's good for an almost 15 percent share of the market, which is the most among all HUD-qualified lenders. Read more about this award here: https://spr.ly/6049OTCn7, Congratulations to Greystone's Jon Morales for being ranked by HousingWire as a 2023 rising star. Greystone Provides $46.5 Million in Fannie Mae Green (HUD), has joined one of the countrys largest and most prominent agency lending and servicing operations as a senior member within its healthcare lending group, Commercial Observer has learned. He sources debt and equity finance solutions for owners of multifamily,. Episode 3: Fred Levine, Managing Director, Greystone Healthcare Finance Greystone Provides $50 Million in Bridge Financing for No credit card required. All rights reserved. All Rights Reserved, Mailing: P.O. Greystone provides $50 million loan for skilled-nursing portfolio in If you're not automatically redirected, please click here. Up to 5 After operating the facility since 2013 and significantly improving performance, Centers acquired it in 2016. The Optima Portfolio includes 561 beds in total across the three New York skilled nursing facilities, which have each recently been renovated. Relationship Managers & Loan Originators | Greystone This diversity of backgrounds, languages, and traditions is rich, vibrant, and expansive. Built in 1974, the 475-bed facility in the Bronx was formerly owned by the Daughters of Jacob Nursing Home Company. #multifamilyfinancing #fanniemae #greenbuilding, Congratulations to Greystone's Tristan Golas for being awarded Stephen Rosenberg Founder's #Award for Caring in 2022. industry. Niskayuna, NY Greystone has provided a $27.048 million HUD-insured permanent loan to refinance Pathways Nursing and Rehabilitation Center, a 112-bed skilled nursing facility. 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 . Greystone Provides $28.9 Million in HUD-Insured Financing After a long career at HUD, covering all aspects of financing, Im looking forward to working alongside the experts at Greystone that Ive gotten to know over the last few decades.. The financing was originated by Fred Levine, Managing Director at Greystone. Fred Levine - Loan Originator at Greystone & Co. - Wiza When expanded it provides a list of search options that will switch the search inputs to match the current selection. Its 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. #Greystone #WherePeopleMatter #FoundersAwards. Advertisement "We are thrilled to have helped our client complete this transaction to expand their SNF portfolio," Levine . For more information, visit www.greystone.com. Berry, 60, retired and departed HUD early in 2019 as director of production for. The transaction marks one of the largest-ever HUD loans for a skilled nursing facility, and caps over $200 . Built in 1974, the 475-bed facility in the . The transaction was originated by Fred Levine, managing director in Greystone's Monsey office. 1 min read NEW YORK, April 21, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $24.9 million HUD-insured. Fred is based out of New York, New York, United States and works in the Leasing Non-residential Real Estate industry. Greystones extensive lending platform is here to meet client needs through every phase of a projects lifecycle. FRED LEVINE , Originador de prstamos, greystone servicing corporation Box 1117, New Canaan, CT 06840. They have since turned around the operations (with 90% occupancy) and turned to Mr. Levine to receive a $28.87 million ($144,000 per bed) HUD loan to refinance the facility. Greystone intends to move the financing to a permanent exit with a HUD-insured loan as soon as possible. Name: Fred Levine Company: Greystone servicing corporation, inc. Job title: Originador de prstamos Country of Residence: United States Precise location . this website is subject to our Terms of Use Agreement. The latest multifamily industry news delivered to your inbox. 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. This is the first step in the bridge-to-HUD process and a continuation of our commitment to provide liquidity to healthcare providers, said Mr. Levine. Greystone Provides $15.8 Million Bridge Loan for Acquisition of Skilled New York, NY, US View. Congratulations, Tristan! Greystones longstanding commitment to the affordable housing market mirrors our own, and we value the teams expertise and finesse in getting these transactions to a quick close, said Mr. Elliott Stone, principal of Royal Castle Development. The $28,992,00 HUD-insured Section 223(f) financing carries a 35-year term and 35-year amortization, along with a low, fixed interest rate. Fred Levine is a Managing Director at Greystone, a commercial real estate lending, investment and advisory company. Its incredibly exciting to have Patrick join our team; Ive known Patrick for almost 20 years, Levine said in a statement. The $75 million in HUD-insured loans carry a low fixed rate, 35-year terms and amortization periods, and were funded via the HUD 232 program for financing of skilled nursing and assisted living facilities. The financing was originated by Fred Levine, Managing Director in Greystones New York office, on behalf of long-term client Royal Castle Development. Get contact details including emails and phone numbers . Top Greystone & Co. Employees Hafize Erkan Chief Executive Officer. 2023 Irving Levin Associates LLC. The transaction was originated by Fred Levine, Managing Director on behalf of Sunset PropCo LLC and Sunset Operating LLC. Congrats, Josh! Check out this great listen on Audible.com. His integrity is unparalleled, and his deep healthcare industry experience and insight into HUDs perspective will be invaluable to Greystone and our clients.. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Gain access to the best healthcare and long-term care investment intelligence, data, and analysis. You can update your choices at any time in your settings. About GreystoneGreystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Greystone Provides $72 Million in Bridge Financing for Your use of Greystone Box 1117, New Canaan, CT 06840. 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. MultifamilyBiz.com is an information, advertising, and content display platform focused on the multifamily housing | Source: 5 free lookups per month. free lookups / month. tenure will see him stationed in Detroit, Mich. as a senior production manager, working alongside Greystone managing director. PRESS CONTACT:Karen MarottaGreystone212-896-9149Karen.Marotta@greyco.com. Fred Levine . Find out the professional email of FRED LEVINE , Originador de prstamos, greystone servicing corporation, inc. GetEmail.io : get anyone's email address in seconds . 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. Search. Learn more: https://bit.ly/3LlpPan Greystone has provided a $50.1 million bridge loan for the acquisition of a six-property skilled-nursing portfolio in Ohio. The transaction was originated by Fred Levine, Managing Director on behalf of Sunset PropCo LLC and Sunset Operating LLC. Commercial lending across a variety of platforms such as Fannie Mae, Freddie Mac, CMBS, mezzanine, bridge, and proprietary loan products Greystone Managing Director Fred Levine originated the loans insured by the U.S. Housing and Urban Development. Optima Skilled Nursing Facility Portfolio - Greystone 2023 Greystone & Co. II LLC. Fred Levine - Loan Originator - Greystone & Co. | LinkedIn NEW YORK, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $28,992,000 HUD-insured loan to refinance a 288-unit affordable housing property in Mangonia Park, Florida. The facility features 54 semi-private units and 12 private units with a total of 120 beds. Fred Levine has been working as a Managing Director at Greystone for 22 years. Greystone Centers In On New York Refinances Find contact details for 700 million professionals. Fred works at Greystone & Co. as Loan Originator. Greystone has provided a $50.1 million bridge loan for the acquisition of a six-property skilled-nursing portfolio in Ohio. This month is an opportunity to recognize the incredible contributions of AAPI communities and identities to our society, culture, and economy. Cultures of over 75 countries from the Asian continent East, Southeast, and South Asia as well as the Pacific Islands of Melanesia, Micronesia, and Polynesia contribute to the remarkable achievements and helped shape our nations history. Fred Levine's Post Fred Levine reposted this Fred Levine Managing Director/ Loan Originator 3y Report this post Report Report. We are actively seeking to acquire stabilized skilled nursing, memory care, assisted living and independent living properties, said Eric Mendel, CEO of Avenir Healthcare Group and managing member of the Optima Care portfolio. with Greystone's Fred Levine leading the deal for the lender. Greystone is part of the Finance industry, and located in New York, United States. Carver Living Center, located at 303 E. Carver St. in Durham, is the largest . Years earlier, Centers had stepped in as the county-owned facilitys receiver, before purchasing it in December 2015 for nearly $9 million, including $3.8 million in liabilities. The transaction was originated by Fred Levine, Managing Director on behalf of Sunset PropCo LLC and Sunset Operating LLC. 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.
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