The office has an active pipeline of $55 million plus another $30 million in pending deals that look positive. Boyle is currently working on funding development and acquisition transactions in New York City that total more than $40 million. There are also two mid-sized deals in the Chicago suburbs totaling $10 million to $15 million. Much of the $30 million in transactions are based in the south, he says.
Like its Bethesda office, Green Park's Baltimore operations will be originating loans nationally. Boyle's rolodex is heavy on contacts in the Northeast, New York City, Boston and Connecticut markets. He also has contacts in Texas, Florida and Georgia. Chicago is another market in which he is expecting to originate deals. Besides market rate transactions, Boyle--as part of Green Park's mandate to expand--will be looking to build a book of business in the senior, student and manufactured housing categories.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
