NEW YORK, Sept. 20, 2017 (GLOBE NEWSWIRE) -- Greystone Real Estate Advisors today announced Payton Banks has joined as a Managing Director for multifamily sales advisory efforts in the Mid-Atlantic. Mr. Banks brings over 15 years of multifamily investment management experience to Greystone, and reports to Jim McDevitt, President, Greystone Real Estate Advisors’ multifamily group.

Prior to joining Greystone, Mr. Banks was Vice President of Investments at Marcus & Millichap where he built a highly specialized team covering the Mid-Atlantic region including Virginia, Maryland and the District of Columbia. His team, focused on investment sales, asset repositioning, development and portfolio valuations, was involved in over $1 billion in multifamily investment transactions. In addition to brokerage services, Mr. Banks has recruited, trained and managed top investment brokerage talent.

“Payton’s passion and drive to customize the overall experience for real estate investors and exceed expectations are a natural fit for Greystone,” said Mr. McDevitt. “His thorough research and hands-on approach give owners complete confidence in evaluating and optimizing their portfolios, and we are thrilled to have him on the team to expand our reach in the Mid-Atlantic.”

About Greystone
Greystone is a real estate lending, investment and advisory company headquartered in New York. Its Multifamily Real Estate Advisors team provides services in sales, acquisitions, and a full spectrum of advisory services including debt, equity, acquisition, and investment sales to multifamily owners and investors of affordable and market rate housing. For more information, visit www.greycoadvisors.com.  

PRESS CONTACT:
Karen Marotta
Greystone
212-896-9149
Karen.Marotta@Greyco.com