Greystone, a national provider of multifamily and commercial mortgage loans, and The Bassuk Organization, a provider of real estate investment banking services to owners and developers in the New York Tri-State area, has announced the formation of the Greystone Bassuk Group.
According to the companies, the joint venture is currently developing ‘highly innovative programs that take advantage of historically low interest rates, utilizing the vast experience and resources of both organizations.’ The venture will share office space within Greystone's New York headquarters.
‘By combining Greystone's and The Bassuk Organization's strengths, we plan to make cutting edge products available to our many clients, offering them an in-depth range of services, including providing bridge and permanent loans and other financial resources to facilitate acquisition financing, refinancing and restructuring,’ says Stephen Rosenberg, founder and CEO of Greystone. ‘We believe that Greystone's 500-plus financial services employees will broaden the joint venture's ability to provide a multi-faceted approach to commercial real estate financing nationwide.’
