BOSTON—On the heels of landing a five-year contract with JLL to provide comprehensive real estate services to The Massachusetts Bay Transportation Authority and the Massachusetts Department of Transportation, New York City-based Greystone reports it has opened an office here.
The real estate finance and investment group's new office is located in the historic 20 Park Plaza office building near Back Bay.
“We are dedicated to serving Boston's mass transit system with a growing presence here and look forward to establishing a close working relationship with JLL and MBTA in the coming years,” says Charles Di Maggio, head of Greystone Management Solutions, the division of Greystone directly serving MBTA and MassDOT.
In addition to providing real estate asset management, property disposition, and consulting services to MBTA, Greystone's Boston office will also serve as a New England-based hub for its commercial lending and servicing capabilities. Mark R. Jarrell, corporate executive vice president and head of servicing and asset management at Greystone, will now be dually based in Boston and Warrenton, VA. Robert Culnane, head of Greystone's education funding business, will also be based in Boston.
“Greystone is committed to providing multifamily and healthcare property owners with access to our ever-growing platform of mortgage products, and we are thrilled to expand our lending capabilities in New England,” Jarrell says.
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