{"id":7368,"date":"2022-11-15T13:02:14","date_gmt":"2022-11-15T19:02:14","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-once-again-ranks-as-1-commercial-lender-for-huds-2022-fiscal-year\/7368\/"},"modified":"2022-11-16T07:02:14","modified_gmt":"2022-11-16T13:02:14","slug":"greystone-once-again-ranks-as-1-commercial-lender-for-huds-2022-fiscal-year","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-once-again-ranks-as-1-commercial-lender-for-huds-2022-fiscal-year\/7368\/","title":{"rendered":"Greystone Once Again Ranks as #1 Commercial Lender for HUD\u2019s 2022 Fiscal Year"},"content":{"rendered":"<div> Department of Housing and Urban Development (HUD) for the agency\u2019s 2022 fiscal year ending September 30, 2022. During this period, Greystone originated and obtained Firm Commitments for 177 multifamily and healthcare facility HUD-insured loans totaling $3.6 billion, representing 14.2% overall market share \u2013 the largest of such FHA lenders and nearly double the second-highest ranking lender \u2013 for HUD-insured multifamily and healthcare loans.  <\/p>\n<p align=\"left\">Greystone ranked highest based on dollar volume for Firm Commitments issued under HUD\u2019s multifamily MAP program with $2.88 billion in origination volume for 131 multifamily properties, as well as HUD\u2019s healthcare LEAN program, totaling $676 million in origination volume for 46 healthcare properties, which include skilled nursing and assisted living facilities.<\/p>\n<p align=\"left\">\u201cI want to congratulate our incredible team for their hard work in reaching this achievement and thank our clients for their loyalty and trust over the years, as well as thank HUD for their tremendous partnership,\u201d said Nikhil Kanodia, head of Greystone\u2019s FHA lending group. \u201cDespite the headwinds facing the CRE sector today, we continue to see demand for HUD-insured financing products, and Greystone\u2019s efforts to simplify and speed up the closing of this highly attractive debt financing, as well as adding a short-term bridge solution, has resulted in our consistent leadership position in the market.\u201d<\/p>\n<p align=\"left\"><strong>About Greystone<\/strong><br \/>Greystone is a leading national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and\/or other Greystone affiliates. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=iupwlAWWIrr1guyf37cFSpBvgK8thQE4aOgtDFxRRXeRqujyPG_3V2tdYMVa17tr-tQxAh1f6xtYyHJ5Fm76yQ==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.greystone.com\">www.greystone.com<\/a>.<\/p>\n<p align=\"left\">*For HUD\u2019s 2022 fiscal year. Based upon combined firm commitments of Greystone Funding Company LLC and Greystone Servicing Company LLC.<\/p>\n<p align=\"left\"><strong>PRESS CONTACT:<\/strong><br \/>Karen Marotta<br \/>Greystone<br \/>212-896-9149<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=PF9Ray0BnWjiHxYY1axCeEgvQCbvUL1I42e92QR1-WyX0tGoG3BMydDR9bsuj8stVrs7ko0Rdm5lkcn_zPscBE7ROitfpVGWU6aWI-q0vyA=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Karen.Marotta@greyco.com\">Karen.Marotta@greyco.com<\/a><\/p>\n<p><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/NzQ5N2VjZTktY2M0Yi00OTU0LWI1MWQtYzA3NTZkZTNkMTE3LTEwMzQ5NDg=\/tiny\/Greystone.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p>Greystone\u2019s FY2022 Volume for Multifamily and Healthcare Loan FirmCommitments Totals $3.6 Billion<\/p>\n<p align=\"left\">NEW YORK, Oct. 25, 2022 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance firm, announced it ranks #1* based on dollar volume of multifamily and healthcare Firm Commitments issued by the U.S.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/7368"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=7368"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/7368\/revisions"}],"predecessor-version":[{"id":7433,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/7368\/revisions\/7433"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=7368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=7368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=7368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}