Greystone, a provider of multifamily and healthcare mortgage loans, has been approved by Freddie Mac as a National Senior Housing Seller/Servicer to originate and service multifamily seniors housing loans nationwide.
As a Seniors Housing Seller/Servicer, Greystone is one of a select number of firms approved to sell and service Freddie Mac loans for independent living, assisted living, memory care and rental continuing care properties located throughout the U.S. Greystone expects that the approval will allow the company to better meet the financing needs of the rapidly growing senior sector.
To be considered for the designation, lenders are evaluated by Freddie Mac based on several qualifications, including government-sponsored enterprise loan origination and underwriting experience for seniors housing properties, staff experience in the seniors housing market and a track record of seniors housing loan performance.