NEW YORK, Dec. 13, 2016 (GLOBE NEWSWIRE) -- Greystone, a real estate lending, investment and advisory company, today announced that Ken Weber has joined as a Managing Director of Underwriting in its Agency lending group. Bringing over 20 years of experience and overseeing more than $3 billion in transactions in 2016, Mr. Weber will contribute to Greystone’s rapidly growing Fannie Mae and Freddie Mac lending businesses.

Prior to joining Greystone, Mr. Weber served as Chief Underwriter at Arbor Commercial Mortgage, where he managed operations for its Fannie Mae and Freddie Mac underwriting platforms. Previously, Mr. Weber held various credit/underwriting positions at RCG Longview; Gramercy Capital; and JP Morgan/Chase. At Greystone, Mr. Weber is based in the New York office and reports to Charlie Baxter, Chief Lending Officer.

“Fannie Mae and Freddie Mac continue to offer an excellent permanent financing solution for a variety of borrower needs, whether it be to refinance a large multifamily portfolio or acquire affordable housing, and we are certainly seeing an increase in demand for Agency loans,” said Mr. Baxter. “Ken’s deep and varied underwriting experience will surely be an asset to Greystone as we continue expansion of our capabilities in Agency lending.”

About Greystone
Greystone is a real estate lending, investment and advisory company which consistently ranks as a top commercial lender, such as #1 by HUD in multifamily loan commitments for FY 2016. Our range of services includes commercial lending across a variety of platforms such as Fannie Mae, Freddie Mac, CMBS, FHA, USDA, bridge and proprietary loan products. Loans are offered through Greystone Servicing Corporation, Inc., Greystone Funding Corporation and/or other Greystone affiliates. For more information, visit www.greyco.com.

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