NEW YORK CITY—With its acquisition of ARA National Seniors Housing Group, locally-based Greystone reports it has launched a senior housing real estate sales and investment advisory group entitled Greystone Real Estate Advisors, Inc. that will be headquartered in Atlanta.

The new entity will be led by Mike Garbers and Cody Tremper, who bring to Greystone more than 20 years of combined experience in the seniors housing industry. Working together with Greystone Managing Directors Scott Kavel and Cary Tremper, who lead Greystone’s seniors housing finance group, the Greystone Real Estate Advisors team will provide a range of services related to sales and acquisitions of seniors housing property types, company officials say. No financial terms of the transaction between Greystone and ARA National Seniors Housing Group, Ltd. were released.

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