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New York, NY, US View. Fred Levine - Greystone Name: Fred Levine Company: Greystone servicing corporation, inc. Job title: Originador de prstamos Country of Residence: United States Precise location . Constructed by the borrower in 2000, Hampton Court Apartments consists of 19 garden-style apartment buildings offering two- and three-bedroom units with updated appliances, washer/dryer hook ups, and private outdoor living spaces. Greystone Provides a Total of $47 Million in HUD-Insured Required fields are marked *. Greystone Originates $37M for Skilled Nursing Facilities Fred Levine posted on LinkedIn Search over 700 Fred Levine, managing director at Greystone, originated the transaction. The transaction was originated by Fred Levine of Greystone. He sources debt and equity finance solutions for owners ofmultifamily,seniors housingand healthcareproperties,in particularskillednursing and assisted living facilities. Congratulations to Fred Levine on closing a $10.4 million bridge loan on a 120-bed skilled nursing facility in Boonville, NY. NEW YORK, May 21, 2019 (GLOBE NEWSWIRE) -- Greystone, a leading commercial real estate lending, investment, and advisory company, announced it has provided $71,920,000 in financing for the. 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. All Rights Reserved, Mailing: P.O. MultifamilyBiz.com is an information, advertising, and content display platform focused on the multifamily housing Congratulations, Tristan! are not a party to, and are not liable for, any transactions with any party featured on this website. Greystone Provides $10.4 Million Bridge Loan to Refinance Skilled May 27, 2021 Fred Levine Greystone has provided $34.946 million in HUD-insured loans to refinance a portfolio of five skilled nursing facilities across southeastern Wisconsin comprising 558 beds.. Earlier this year, Levine secured HUD financing for Center Health Care's skilled nursing portfolio in upstate New York . 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. Greystone is a real estate lending, investment and advisory company headquartered in New York City. Fred Levine, Greystone. Check out this great listen on Audible.com. Acquisitions / management of Find contact details for 700 million professionals. 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. 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. Section 232 loans, a program that shields lenders from mortgage defaults and is geared to insure loans that facilitate the construction or rehabilitation of skilled nursing, intermediate care and assisted living facilities, among a couple other classifications; theres also the corresponding Section 232/223(f), which is available for purchases or refinancings of these asset types. #Greystone #WherePeopleMatter #FoundersAwards. Raleigh, North Carolina, United States . 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. Up to 5 Berry, 60, retired and departed HUD early in 2019 as director of production for Federal Housing Administration Section 232 loans, a program that shields lenders from mortgage defaults and is geared to insure loans that facilitate the construction or rehabilitation of skilled nursing, intermediate care and assisted living facilities, among a couple other classifications; theres also the corresponding Section 232/223(f), which is available for purchases or refinancings of these asset types. 5 free lookups per month. Gain access to the best healthcare and long-term care investment intelligence, data, and analysis. The transaction was originated by Fred Levine, Managing Director on behalf of Sunset PropCo LLC and Sunset Operating LLC. Zondas economists recently shared an update on the housing market. Fred Levine - Levin Associates The portfolio, totaling 719 beds, is secured by a floating rate, interest-only loan funded through our uniquely non-recourse bridge loan program. 2023 - MULTIFAMILYBIZ.COM - ALL RIGHTS RESERVED, PropTech Innovator 365 Connect Celebrates Twenty-Years of Delivering Leading Edge Solutions to The Multifamily Housing Industry. Commercial lending across a variety of platforms such as Fannie Mae, Freddie Mac, CMBS, mezzanine, bridge, and proprietary loan products Find an expert by name, location, or specialty, discover the breadth and depth of our expertise, and get in touch to request a quote. Real Estate Lending Not the Fred Levine you were looking for? Greystone intends to move the financing to a permanent exit with a HUD-insured loan as soon as possible. Greystone Provides $28.9 Million in HUD-Insured Financing 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. 2023 Irving Levin Associates LLC. Greystone has provided a $50.1 million bridge loan for the acquisition of a six-property skilled-nursing portfolio in Ohio. 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. Box 1117, New Canaan, CT 06840. All Rights Reserved, Mailing: P.O. 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. Whether for seniors or children, these skilled nursing facilities will benefit from the stability that comes with low-interest federally-insured loans.. This field is for validation purposes and should be left unchanged. When expanded it provides a list of search options that will switch the search inputs to match the current selection. . Get contact details including emails and phone numbers 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. 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 Managing Director Fred Levine originated the loans insured by the U.S. Housing and Urban Development. Read the latest edition of the Commercial Observer online! Your use of City University of New York-Brooklyn College, {{ userNotificationState.getAlertCount('bell') }}. Scott Levine - Vice President - Greystone | LinkedIn New York, New York, NY, United States, US, View 1 greyco.com; Tanya Eastwood President and CEO. Theres a value-add case study for you. Greystone. 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. 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. 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. Josh has been at Greystone for sixteen years and has been described as someone who works tirelessly behind the scenes. by Steve Monroe | Nov 30, 2018 7:00 am | Financings | 0 comments. Greystone 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. million verified professionals across 35 million companies. Sign up for a free account. He sources debt and equity finance solutions for owners of multifamily, seniors housing and healthcare properties, in particular skilled nursing and assisted living facilities. 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. Built in 1974, the 475-bed facility in the . industry. The facility features 54 semi-private units and 12 private units with a total of 120 beds. HousingWires Rising Stars program recognizes industry professionals who have become leaders in their respective fields. Fred Levineis a Managing Director at Greystone, a commercial real estate lending, investment and advisory company. First phase of construction wraps on 1.06-million-square-foot industrial building in Columbus, NAI Isaac closes sale of 6.15 acres of land in Kentucky, Partners Real Estate brokers sale of multi-tenant industrial property in Pasadena, JLL sells 87,858-square-foot retail center in Indiana. Real Estate Investment #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. 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. 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. Box 1117, New Canaan, CT 06840. HUD Veteran Joins Greystone, Focused on - Commercial Observer Implementing our operational plans and enhanced resident care programs to continue and build on Saint Marys reputation of exceptional resident care is our priority., About Greystone:Greystone 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. free lookups / month. Learn more: https://bit.ly/41OQUcG No credit card required. The financing was originated by Fred Levine, Managing Director at Greystone. 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. The transaction was originated by Fred Levine, Managing Director on behalf of Sunset PropCo LLC and Sunset Operating LLC. Located at 7 NY-25A in Smithtown, New York, Brookside Multicare houses 353 beds, and includes a pediatric unit and ventilator dependent beds. Select Accept to consent or Reject to decline non-essential cookies for this use. This Website features information, materials,products, content, images, links,and services provided by Here are some key takeaways:https://bit.ly/3UTFN01 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. The transaction marks one of the largest-ever HUD loans for a skilled nursing facility, and caps over $200 . the residents of property," said Mr . Greystone Centers In On New York Refinances 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 skilled nursing portfolio in Ohio. For more information, visit www.greystone.com. If you're not automatically redirected, please click here. tenure will see him stationed in Detroit, Mich. as a senior production manager, working alongside Greystone managing director. 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. . New York Skilled Nursing Facility Lands $10M Refi Greystone's $72M Portfolio Deal; Formation's 12-SNF Sale in VA Optima Skilled Nursing Facility Portfolio - Greystone #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. The . 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. Greystone is a national commercial real estate finance company with an . 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. Located on opposite sides of the state, these facilities were each acquired a few years ago from not-for-profit owners. PRESS CONTACT:Karen MarottaGreystone212-896-9149Karen.Marotta@greyco.com. The financing was originated by Fred Levine, Managing Director at Greystone. 2023 Greystone & Co. II LLC. We keep coming back to Greystone because they work tirelessly to uncover opportunities and secure the right resources to make this vision a reality.. This button displays the currently selected search type. 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. Greystone Provides $50 Million in Bridge Financing for Congrats, Josh! Advertisement "We are thrilled to have helped our client complete this transaction to expand their SNF portfolio," Levine . Tristan is the type of person who goes out of his way to help others, often putting the needs of others before his own. Greystone Provides $15.8 Million Bridge Loan for Acquisition of Skilled 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. 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. Both transactions were originated by Fred Levine, managing director in Greystone's Monsey, NY office, on behalf of longtime client Singh Development Company. His integrity is unparalleled, and his deep healthcare industry experience and insight into HUDs perspective will be invaluable to Greystone and our clients.. 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. #wherepeoplematter #AAPI #BuildingBelonging #AAPIHeritageMonth, Congratulations to Greystone's Josh Butler for being awarded Stephen Rosenberg Founder's #Award for Integrity in 2022. NEW YORK, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $47 million in HUD-insured loans for five skilled nursing. 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.. Greystone volunteers enjoyed creating birthday, caring and holiday cards to bring smiles and cheer to older adults throughout the year. 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. The latest multifamily industry news delivered to your inbox. They have been an incredible partner in this journey, said Mr. Levine. Your email address will not be published. Submit. 2023 Irving Levin Associates LLC. Fred Levine is a Managing Director at Greystone, a commercial real estate lending, investment and advisory company. Read more in Urban Land magazine: https://bit.ly/3nbBwZ9 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 . Fred Levine has been working as a Managing Director at Greystone for 22 years. 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. Berry, 60, retired and departed HUD early in 2019 as director of production for. Fred works at Greystone & Co. as Loan Originator. Save my name, email, and website in this browser for the next time I comment. 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. 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. For more information, visit www.greystone.com. Episode 3: Fred Levine, Managing Director, Greystone Healthcare Finance Fred is based out of New York, New York, United States and works in the Leasing Non-residential Real Estate industry. Freds origination volume exceeds $1B annually. Now that the facility is fully stabilized with a 96% occupancy rate, Greystone provided a $71.78 million loan, or $151,000 per bed, with a 35-year term, to both refinance it and fund a cosmetic renovation. 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.