Associate

Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, with over $12 billion in loan originations in 2024. The firm consistently ranks in the Top 10 for Fannie Mae & Freddie Mac multifamily loan originations and is the #1 Overall HUD Multifamily and Healthcare Lender in the country. Greystone also ranks nationally as a top affordable housing, seniors housing, and small balance loan lender. At Greystone, charity is at the heart of who we are and what we do. 

At Greystone, everything we do is driven by our purpose of improving others’ lives. As we work hard to maintain our ranking as a top national commercial real estate lender, our culture of caring and support is just as important. We don’t just say “Where People Matter” – we lead with this mantra every day to guide our actions and behaviors. Greystone is committed to fostering and preserving a culture of inclusion. Belonging is at the heart of our culture of caring, integrity and excellence, and is a driving force behind our entrepreneurial spirit and creativity. 

We are seeking a Healthcare Associate in our Bridge Lending Group. The Greystone Bridge Lending Group is responsible for all balance-sheet lending activity at the firm, including Bridge and Mezzanine lending. The portfolio typically consists of $1-3 billion in loans at any given time, principally focused on transitional financing provided with a view towards exit via permanent financing provided by Greystone via its Fannie, Freddie, and FHA lending programs.

Primary Duties and Responsibilities: 

• Complete initial analysis of proposed transactions by analyzing risk and assessing factors such as market dynamics, tenant demand, financial performance, leverage, physical condition, and sponsor creditworthiness
• Identify potential risks and challenges associated with a transaction and provide ideas for solutions and risk mitigants
• Manage/oversee transactions from engagement through closing, helping to ensure the most timely process and most positive customer experience
• Keep client and originator apprised of transaction progress
• Prepare Loan Committee memoranda
• Facilitate review and approval of required legal documentation
• Complete hand-off of closed loans to Servicing and Asset Management

Experience, Skills, and Abilities Required: 

• Bachelor’s degree in Finance, Accounting, Business Administration or Related Field
• Minimum of 3 - 5 years of prior transactional experience
• Prior experience with underwriting of healthcare loans with FHA, Fannie Mae, Freddie Mac is strongly preferred. Experience with financing for Assisted Living and/or Skilled Nursing is preferred
• Experience managing teams
• Superb written and oral communication skills
• Ability to work independently or collaboratively on projects
• Proactively navigate special projects as assigned with minimal oversight
• Highly organized and capable of prioritizing and executing multiple assignments at the same time
• Works well under pressure and tight timelines
• Combines a customer-focused origination mentality with strong credit underwriting skills
• Proficient in Microsoft Office Products, with an emphasis on Excel, PowerPoint, and Word

At Greystone, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build an inclusive work environment that celebrates differences and empowers all individuals with opportunities to channel their entrepreneurial spirit. Greystone is an EEO employer. 

*The firm is the #1* overall HUD multifamily and healthcare lender by firm commitments, and a top 10 Fannie Mae and Freddie Mac multifamily real estate lender.*  

*For HUD's 2024 fiscal year ending September 30, 2024. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing Company LLC and excludes risk sharing and hospital loans.*