MULTIFAMILY INFLUENCER: Greystone & Co. Inc.

Stephen Rosenberg, Chief Executive Officer, Greystone & Co. Inc.

Stephen Rosenberg is changing the way the industry approaches affordable housing. The CEO founded Greystone in 1988 as an independent investment banking firm and has since developed it into a mature CRE investment firm with a national reputation in the multifamily space, particularly on affordable housing, seniors housing and healthcare. In his own words: “Greystone’s essence is rooted in a singular human quality that has been championed since the company’s inception: humility.”

Based in New York City, Greystone is a national leader in FHA commercial mortgage lending with 8,000 employees, 34 offices and ownership or management of nearly $30 billion in assets. The company has developed more than $2 billion in properties nationwide, owns/manages more than 7,600 multifamily units and manages nearly 3,800 beds across 30 healthcare facilities. It is one of the largest providers of funding and financing to nursing homes and skilled-nursing facilities. Its total loan origination volume in 2017 was more than $9.5 billion. The company is the largest buyer of troubled/defaulted FHA-insured multifamily loans in the US, having restructured more than $3.2 billion of loans.