Greystone, which is a lending and loan firm, joined The Bassuk Organization, a real estate investment banking services, to form Greystone Bassuk Group.
Greystone Bassuk Group will provide real estate and financial services, such as creative debt and equity financing, to commercial real estate clients.
Founder and CEO Stephen Rosenberg of Greystone said the joint venture gives clients options to various products, including bridge and permanent loans.
“We believe that Greystone's 500+ financial services employees will broaden the joint venture's ability to provide a multi-faceted approach to commercial real estate financing nationwide,” he said.
CEO and chairman Richard Bassuk of The Bassuk Organization added, “The Greystone Bassuk Group will combine the national reach, expanded platform, financial strength and creative programs of Greystone with The Bassuk Organization's presence in the New York marketplace and its decades of experience providing financing and consulting services."
Greystone offers various multifamily and healthcare financing solutions, including Fannie Mae and Freddie Mac. The firm manages more than $15 billion in assets.