Greystone, a leading national commercial real estate finance company, announced that banking industry veteran Steven Caligor has joined the firm as a Senior Managing Director of Structured Finance. In this new role, he will focus on managing and expanding client relationships and channels of loan origination for Greystone within the banking sector. Mr. Caligor is based in Greystone’s New York office.

Prior to joining Greystone, Mr. Caligor was an Executive Vice President at BHI (Bank Hapoalim) USA, where he managed the bank’s national commercial real estate and healthcare verticals with total loans in excess of $4 billion. With nearly 30 years of industry experience, Mr. Caligor has held a variety of executive positions overseeing sales, credit, and portfolio monitoring at Signature Bank, Monticello Asset Management, and Bank Leumi.

“This is an exciting new challenge for me to leverage my commercial banking, real estate, and healthcare experience within Greystone’s diverse product platform,” said Mr. Caligor. “The banking sector is invaluable to private lenders like Greystone and there is so much opportunity for new avenues of capital access, client acquisition and financial partnerships. I’m thrilled to join the team and help expand the platform.”

“Steve’s long tenure in banking, proven history in growing businesses, and his strategic background is going to be invaluable to our team as we continue to invest in ways to best service our existing and new client base and help them grow and succeed,” said Ms. Debby Jenkins, Executive Managing Director and to whom Mr. Caligor reports.

Greystone, a leading national commercial real estate finance company, has provided a total of $21,808,000 in loans to refinance three multifamily properties in Tampa, Florida. The financing was originated by Anthony Cristi, Managing Director at Greystone.

The properties include the 33-unit Palms at Humphrey, the 36-unit Oaks at University, and the 95-unit Uptown Gardens community. The Greystone loans, featuring a private-label offering, with competitive, shorter loan terms and flexible pre-payment options, carry 5-year terms with fixed rates and 30-year amortizations, and include interest-only payments for periods ranging from one to five years.

“It’s gratifying to be able to offer a solution that fits the client’s needs to refinance this collection of multifamily properties,” said Mr. Cristi. “We’re always seeking ways to develop new financing options for our clients as the market evolves, and are pleased to offer a private-label solution when banks or other debt options may not fit the bill.”

Greystone, a leading national commercial real estate finance firm, provided $25,200,000 in Fannie Mae DUS® financing to refinance a 208-unit property in Columbus, OH. The loan was originated by Avi Kozlowski, Managing Director at Greystone.

The non-recourse Fannie Mae financing is a 10-year loan with a fixed rate, and is interest-only for five years. The property, comprising 13 two-story buildings, was built in 1999 and is 97.12% occupied. Property amenities include a clubhouse/leasing office, swimming pool, grilling station, dog park, covered parking, and pond.

Greystone, a leading national commercial real estate finance firm, provided a $23,484,000 Fannie Mae DUS® loan for the acquisition of a multifamily property comprising 200 units in Indianapolis, Indiana. The financing was originated by Avi Kozlowski, Managing Director at Greystone.

The non-recourse Fannie Mae Green Rewards financing is a 10-year loan with a fixed rate, and is interest-only with a 30-year amortization period. The property was built in 1972 and contains four one-bedroom/one-bath units; 115 two-bedroom/one-and-one-half bath townhome units; and 81 three-bedroom/one-and-one-half-bath townhome units. On-site amenities include a leasing office/clubhouse with fitness center, business center, playground, BBQ/picnic area and swimming pool.

Greystone, a leading national commercial real estate finance firm, provided a $25,160,000 Fannie Mae DUS® loan to refinance a two-property apartment complex comprising 293 units in Columbus, OH. The loan was originated by Avi Kozlowski, Managing Director at Greystone.

The non-recourse Fannie Mae financing carries a 7-year fixed-rate loan with a 30-year amortization and refinances the property that was acquired in 2021, enabling $1.9 million for renovations and upgrades. All units are two-bedroom/one-bath townhomes, with common amenities including a playground, BBQ area, and dog park, that are under construction.

Experienced Multifamily Debt Origination Team Brings Deep Industry Relationships to Expand Greystone’s Presence in the Southeast

Greystone, a leading national commercial real estate finance company, announced that Charlie Mentzer and Brad Waite have joined the firm as Senior Managing Directors, working across the lending platforms to originate financing for multifamily properties nationwide. The pair, each with over 20 years of industry experience, join Greystone from Capital One, where they were both Senior Vice Presidents, and will be based in Atlanta, enabling close collaboration with Cushman & Wakefield.

Since 2012, Charlie Mentzer had been responsible for new loan origination out of Capital One's Atlanta, Georgia office, having originated over $6 billion in transactions nationally during his career. He was previously a Vice President at Walker & Dunlop, and also served in loan origination roles at Primary Capital and Column Guaranteed.

Prior to his most recent role at Capital One, where he joined in 2015, Mr. Waite was a Vice President at Walker & Dunlop (previously CW Capital), and garnered experience with Agency and Balance Sheet underwriting across $5 billion in loan transactions. In addition to his experience and product knowledge, Mr. Waite is known for his unique ability to structure complex transactions through his years of both underwriting and origination experience.

“Charlie and Brad are a well-regarded multifamily deal team that will be an integral part of our continued growth strategy for loan origination, as well as our joint venture with Cushman & Wakefield,” said Rich Martinez, head of Agency lending production at Greystone. “They will add immense value to our clients from a debt perspective and will serve as important team leaders at Greystone – we are thrilled for their arrival.”