New York, New York, NY, United States, US, View 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. Over the course of Berrys career at HUD, prior to assuming the role of director of production, the Central Michigan University alum had worked as an operations officer, an analyst, a policy specialist, a loan Specialist and an auditor, per information from Greystone. #wherepeoplematter #AAPI #BuildingBelonging #AAPIHeritageMonth, Congratulations to Greystone's Josh Butler for being awarded Stephen Rosenberg Founder's #Award for Integrity in 2022. February 08, 2021 11:43 ET The purchase of Saint Marys East renamed Nightingale Nursing and Rehab Center, was secured by a short-term two-year floating rate, interest-only loan, which Greystone will work to transition to permanent HUD-insured financing. Greystones extensive lending platform is here to meet client needs through every phase of a projects lifecycle. 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. He sources debt and equity finance solutions for owners of multifamily,. All Rights Reserved, Mailing: P.O. Those who are helping move markets forward, each and every day. Read more in Urban Land magazine: https://bit.ly/3nbBwZ9 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. Berrys Greystone tenure will see him stationed in Detroit, Mich. as a senior production manager, working alongside Greystone managing director Fred Levine, whos spent nearly 20 years at the firm. . 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. Greystone is a national commercial real estate finance company with an . Located at 7 NY-25A in Smithtown, New York, Brookside Multicare houses 353 beds, and includes a pediatric unit and ventilator dependent beds. Greystone Provides $72 Million in Bridge Financing for 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. We keep coming back to Greystone because they work tirelessly to uncover opportunities and secure the right resources to make this vision a reality.. City University of New York-Brooklyn College, {{ userNotificationState.getAlertCount('bell') }}. Not the Fred Levine you were looking for? You can update your choices at any time in your settings. After operating the facility since 2013 and significantly improving performance, Centers acquired it in 2016. Scott Levine - Vice President - Greystone | LinkedIn Others Named Fred Levine. 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. Congratulations to Fred Levine on closing a $10.4 million bridge loan on a 120-bed skilled nursing facility in Boonville, NY. NYREJ : The commercial real estate media source. Greystone Managing Director Fred Levine originated the loans insured by the U.S. Housing and Urban Development. Your email address will not be published. I may be getting old, but the excitement of helping quality operators acquire facilities so they can provide amazing care for their residents never gets old, said Mr. Levine. #wherepeoplematter #greystone, Greystone's Lorie Hanson recently closed $23.8M in Fannie Mae DUS Green Rewards financing for a 160-unit multifamily property in Nampa, Idaho. Greystone The transaction marks one of the largest-ever HUD loans for a skilled nursing facility, and caps over $200 . (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. Gain access to the best healthcare and long-term care investment intelligence, data, and analysis. His integrity is unparalleled, and his deep healthcare industry experience and insight into HUDs perspective will be invaluable to Greystone and our clients.. #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. 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. New York, NY, US View. the residents of property," said Mr . Both transactions were originated by Fred Levine, managing director in Greystone's Monsey, NY office, on behalf of longtime client Singh Development Company. For more information, visit www.greystone.com. The transaction was originated by Fred Levine, Managing Director on behalf of Sunset PropCo LLC and Sunset Operating LLC. Fred Levine - Loan Originator - Greystone & Co. | LinkedIn 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. Carver Living Center, located at 303 E. Carver St. in Durham, is the largest . Greystone is part of the Finance industry, and located in New York, United States. Greystone Centers In On New York Refinances Our expertise in the affordable housing space and our industry-leading HUD platform enables us to find solutions that meet the needs of our clients and, ultimately, the residents of property, said Mr. Levine. PRESS CONTACT:Karen MarottaGreystone212-896-9149Karen.Marotta@greyco.com. #Greystone #WherePeopleMatter #FoundersAwards. Fred Levine - Greystone 2023 Irving Levin Associates LLC. Freds origination volume exceeds $1B annually. 1 greyco.com; Tanya Eastwood President and CEO. Then in Buffalo, Greystone refinanced the original bridge loan provided by Popular Bank (and arranged by Greystone) for Centers acquisition of a 200-bed skilled nursing facility. He sources debt and equity finance solutions for owners ofmultifamily,seniors housingand healthcareproperties,in particularskillednursing and assisted living facilities. Search over 700 Over the first nine months of HUDs fiscal year starting in Oct. 2019 Greystone has been ahead of the pack. Fred is based out of New York, New York, United States and works in the Leasing Non-residential Real Estate industry. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. The transaction was originated by Fred Levine of Greystone. The financing was originated by Fred Levine, Managing Director in Greystone's New York office, on behalf of long-term client Royal Castle Development. About GreystoneGreystone is a 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. Greystones bridge lending group is stepping up its efforts to provide financing solutions to our borrowers so they can continue to focus on resident care.. Subscribe to our email list to read all news first. He sources debt and equity finance solutions for owners of multifamily, seniors housing and healthcare properties, in particular skilled nursing and assisted living facilities. 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. Greystone Provides $10.4 Million Bridge Loan to Refinance Skilled 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. 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. 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. Mortgage servicing Theres a value-add case study for you. Greystone volunteers enjoyed creating birthday, caring and holiday cards to bring smiles and cheer to older adults throughout the year. Learn more: https://bit.ly/41OQUcG Learn more in our Cookie Policy. The facility features 54 semi-private units and 12 private units with a total of 120 beds. 2023 - MULTIFAMILYBIZ.COM - ALL RIGHTS RESERVED, PropTech Innovator 365 Connect Celebrates Twenty-Years of Delivering Leading Edge Solutions to The Multifamily Housing Industry. Real estate development 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. 2023 Irving Levin Associates LLC. Greystone is a real estate lending, investment and advisory company headquartered in New York City. This Website features information, materials,products, content, images, links,and services provided by We are always guided by our core value of caring and encourage employees to take volunteer time off (VTO) to support and care for the communities in which we live and work. Over the course of Berrys career at HUD, prior to assuming the role of director of production, the, Bailey Edelson Leaves JBG Smith for Buchanan Partners, U.S. Department of Housing and Urban Development. Commercial lending across a variety of platforms such as Fannie Mae, Freddie Mac, CMBS, mezzanine, bridge, and proprietary loan products HUD Veteran Joins Greystone, Focused on - Commercial Observer Greystone. 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 transaction was originated by Fred Levine of Greystone. Raleigh, North Carolina, United States . Greystone Provides a Total of $47 Million in HUD-Insured Greystone provides $50 million loan for skilled-nursing portfolio in 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. July 28, 2021 NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided a $15,800,000 million bridge loan for the acquisition of a skilled nursing, memory care, and personal care campus in Erie, Pennsylvania. Optima Skilled Nursing Facility Portfolio - Greystone They have been an incredible partner in this journey, said Mr. Levine. After a hiatus to take some time off after his time at HUD, hes jumping back into the space in a different setting with Greystone. 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. New York Skilled Nursing Facility Lands $10M Refi The property has a LIHTC land use restriction agreement (LURA) that requires limits on tenant income and rent restrictions for all units. In this conversation, Mordecai interviews Fred about his relentless pursuit for a sales position at American Express, how he applied unsuccessfully six years in a row for a sales role, and th. Earlier this year, Levine secured HUD financing for Center Health Care's skilled nursing portfolio in upstate New York . Fredearned aBachelorsdegree at City University of New York Brooklyn College. #WherePeopleMatter #Volunteer #Caring #Community#BuildingBelonging, Greystones Michael Zukerman spoke with Urban Land Institute about innovative strategies to address the #affordable housing crisis, including mixed-income developments, which can help address the supply issue. | Source: Fred Levine is a Managing Director at Greystone, a commercial real estate lending, investment and advisory company. 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. All rights reserved. Fred Levine is a Managing Director at Greystone, a commercial real estate lending, investment and advisory company. We proudly celebratethe vast, multi-dimensional AAPI diaspora. We do not own or manage any properties featured on this website, Fred Levine posted on LinkedIn 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 portfolio, totaling 719 beds, is secured by a floating rate, interest-only loan funded through our uniquely non-recourse bridge loan program. Find contact details for 700 million professionals. Greystone Provides $24.9 Million in HUD-Insured Financing for Skilled PRESS CONTACT:Karen MarottaGreystone212-896-9149Karen.Marotta@greyco.com. DOROTs mission to alleviate social isolation and loneliness has become even more important in recent years due to the pandemic. 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. 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. #risingstar #housing #leader, Join Greystone and Greystones Asian Pacific Islanders Employee Resource Group as we honor and celebrate Asian American Pacific Islanders (AAPI) throughout May and beyond. | Source: Sunset Nursing and Rehabilitation Center is a one-story brick facility built over three phases, in 1964, 1971, and 1985, which was renovated in 2008. The Optima Portfolio includes 561 beds in total across the three New York skilled nursing facilities, which have each recently been renovated. Check out this great listen on Audible.com. Greystone provides more than $34 million in loans to - REJournals Greystone Jul 2021 - Present1 year 10 months Co-Founder Cottonwood Funding Jan 2017 - Present6 years 4 months Monsey, New York Perform due diligence on investment opportunities in early stage. #Greystone #WherePeopleMatter #FoundersAwards, The main question is the following: is housing back for good, and what does that mean for multifamily demand going forward? 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. 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. Mr. Donahue brings over 35 years of real estate capital markets expertise to Greystones lending platform, and is based in Boston, MA: bit.ly/3oB8TVS Welcome, Paul! Greystone has been a trusted and reliable partner as we continue to build our portfolio of assets across the long term care continuum, and I am thrilled with the outcome and Greystones ability to execute long-term HUD financing straight away., We are thrilled to have led a record three closings in one day with HUDs New York office. Name: Fred Levine Company: Greystone servicing corporation, inc. Job title: Originador de prstamos Country of Residence: United States Precise location . Save my name, email, and website in this browser for the next time I comment. Submit. Box 1117, New Canaan, CT 06840. , whos spent nearly 20 years at the firm. Fred works at Greystone & Co. as Loan Originator. The . Learn more about our bridge financing solutions here: https://bit.ly/35WSYp0, Congratulations to Greystone, winner of our Excellence in Operations AND Excellence in Duty to Serve awards. The White Plains Center for Nursing and Rehab, located at 220 West Post Road, is a smaller-scale facility with 88 beds, while the Little Neck Nursing Center, located at 260-19 Nassau Blvd, has120 beds. 2023 Greystone & Co. II LLC. NEW YORK, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $50,100,000 bridge loan for the acquisition of a six-property. Located on opposite sides of the state, these facilities were each acquired a few years ago from not-for-profit owners. Residents have access to the gated communitys clubhouse and business center, swimming pool and fitness center, tennis court, picnic and playground area, laundry facility and on-site parking. No credit card required. NYREJ : The commercial real estate media source. Built in 1974, the 475-bed facility in the . Top Greystone & Co. Employees Hafize Erkan Chief Executive Officer. Fred Levine . 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. The transaction was originated by Fred Levine, managing director in Greystone's Monsey office. Fred Levine - Managing Director - Greystone | ZoomInfo The loans were originated by Fred Levine, managing director at Greystone. Congrats, Josh! Greystone's $72M Portfolio Deal; Formation's 12-SNF Sale in VA 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. 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. Fred Levine's Post Fred Levine reposted this Fred Levine Managing Director/ Loan Originator 3y Report this post Report Report. This diversity of backgrounds, languages, and traditions is rich, vibrant, and expansive. Real Estate Lending Box 1117, New Canaan, CT 06840. Greystone Provides $10.4 Million Bridge Loan to Refinance Skilled million verified professionals across 35 million companies. Get contact details including emails and phone numbers That's good for an almost 15 percent share of the market, which is the most among all HUD-qualified lenders. 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. Built in 1974, the 475-bed facility in the Bronx was formerly owned by the Daughters of Jacob Nursing Home Company. Fred is one of the top health care originators in the country. Greystone. delivered to your inbox. Up to 5 Similar Profiles. Greystone on LinkedIn: Congratulations to Fred Levine on closing a $10.