Scott Kavel joined provider of multifamily and commercial mortgage loans Greystone as the firm's seniors housing group as managing director.
The seniors housing group seeks to arrange debt and equity for borrowers across the nation, working with agency partners such as Fannie Mae and the Federal Housing Adminstration, as well as offering its own capital for bridge and mezzanine loans.
Kavel brings more than two decades of experience to Greystone and has arranged $5 billion in seniors housing finance throughout his career. He will work closely with his team to develop and expand client relationships and origination of new seniors housing businesses as managing director.
"Scott’s success in the seniors housing market is unparalleled," said executive managing director Joe Mosley of Greystone Servicing Corporation.
He added, "His insight and expertise are invaluable as we further develop our seniors offerings, and we are thrilled to welcome him to the Greystone team."