Allegiant, Greystone Partner on Debt Products

Randy Reiff is founder, CEO and CIO of Allegiant Real Estate Capital

NEW YORK CITY—Allegiant Real Estate Capital, the investment management company launched this past fall by Randy Reiff, said Tuesday it would partner with Greystone & Co. on a suite of commercial real estate debt products. The initial focus will be on the multifamily and skilled nursing sectors, although the partnership’s ultimate reach will extend across asset classes.

It’s also intended to span the compass of the capital structure, from mortgage and mezzanine debt to private equity. Allegiant will have access to Greystone’s multifamily and skilled nursing product offerings via the partnership, along with tapping into its capital for co-investment opportunities. For its part, Greystone will be able to capitalize on Allegiant’s sourcing, underwriting, asset management and capital markets capabilities to enhance its own product offerings and capabilities.