New York Skilled Nursing Facility Lands $10M Refi Built in 1974, the 475-bed facility in the Bronx was formerly owned by the Daughters of Jacob Nursing Home Company. Find contact details for 700 million professionals. Located on opposite sides of the state, these facilities were each acquired a few years ago from not-for-profit owners. Fred Levine - Loan Originator at Greystone & Co. - Wiza Real Estate Lending Located at 7 NY-25A in Smithtown, New York, Brookside Multicare houses 353 beds, and includes a pediatric unit and ventilator dependent beds. Fred Levine is a Managing Director at Greystone, a commercial real estate lending, investment and advisory company. We proudly celebratethe vast, multi-dimensional AAPI diaspora. Fred Levine, Greystone. Over the course of Berrys career at HUD, prior to assuming the role of director of production, the, Bailey Edelson Leaves JBG Smith for Buchanan Partners, U.S. Department of Housing and Urban Development. The latest multifamily industry news delivered to your inbox. We keep coming back to Greystone because they work tirelessly to uncover opportunities and secure the right resources to make this vision a reality.. DOROTs mission to alleviate social isolation and loneliness has become even more important in recent years due to the pandemic. The White Plains Center for Nursing and Rehab, located at 220 West Post Road, is a smaller-scale facility with 88 beds, while the Little Neck Nursing Center, located at 260-19 Nassau Blvd, has120 beds. Similar Profiles. Greystone has provided a $10.4 million bridge loan to refinance a 120-bed skilled nursing facility in Boonville, New York. are not a party to, and are not liable for, any transactions with any party featured on this website. Greystone Provides a Total of $47 Million in HUD-Insured Fred Levine - Loan Originator - Greystone & Co. | LinkedIn #multifamilyfinancing #fanniemae #greenbuilding, Congratulations to Greystone's Tristan Golas for being awarded Stephen Rosenberg Founder's #Award for Caring in 2022. Back . Acquisitions / management of Find contact details for 700 million professionals. First phase of construction wraps on 1.06-million-square-foot industrial building in Columbus, NAI Isaac closes sale of 6.15 acres of land in Kentucky, Partners Real Estate brokers sale of multi-tenant industrial property in Pasadena, JLL sells 87,858-square-foot retail center in Indiana. Fred Levine has been working as a Managing Director at Greystone for 22 years. the residents of property," said Mr . The $28,992,00 HUD-insured Section 223(f) financing carries a 35-year term and 35-year amortization, along with a low, fixed interest rate. 1 greyco.com; Tanya Eastwood President and CEO. His integrity is unparalleled, and his deep healthcare industry experience and insight into HUDs perspective will be invaluable to Greystone and our clients.. Greystone Provides $72 Million in Bridge Financing for If you're not automatically redirected, please click here. Congratulations to Fred Levine on closing a $10.4 million bridge loan on a 120-bed skilled nursing facility in Boonville, NY. In this conversation, Mordecai interviews Fred about his relentless pursuit for a sales position at American Express, how he applied unsuccessfully six years in a row for a sales role, and th. You can update your choices at any time in your settings. New York, New York, NY, United States, US, View We see a lot of potential in the former St. Marys East campus, partially due to the large number of private resident rooms, said Dov Braun, Key Principal of the borrowers. free lookups / month. He sources debt and equity finance solutions for owners of multifamily, seniors housing and healthcare properties, in particular skilled nursing and assisted living facilities. Fred works at Greystone & Co. as Loan Originator. 1 min read NEW YORK, April 21, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $24.9 million HUD-insured. The facility features 54 semi-private units and 12 private units with a total of 120 beds. Fred Levine - Levin Associates #wherepeoplematter #greystone, Greystone's Lorie Hanson recently closed $23.8M in Fannie Mae DUS Green Rewards financing for a 160-unit multifamily property in Nampa, Idaho. Congrats, Josh! Relationship Managers & Loan Originators | Greystone Here are some key takeaways:https://bit.ly/3UTFN01 Greystone Jul 2021 - Present1 year 10 months Co-Founder Cottonwood Funding Jan 2017 - Present6 years 4 months Monsey, New York Perform due diligence on investment opportunities in early stage. Episode 3: Fred Levine, Managing Director, Greystone Healthcare Finance Fred is based out of New York, New York, United States and works in the Leasing Non-residential Real Estate industry. Your email address will not be published. Greystone. Working on behalf of skilled nursing operator Centers Health Care, Fred Levine of Greystone arranged over $100 million in HUD financing to refinance a couple of their New York SNFs. Box 1117, New Canaan, CT 06840. Our areas of expertise include: 2023 Greystone & Co. II LLC. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. 5 free lookups per month. 1 healthcare lender for HUD-insured loans, Greystone has built a reputation for not only certainty of execution, but for creativity and sector expertise in the skilled nursing and assisted living world, Berry said in a statement. About GreystoneGreystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Greystone Provides $24.9 Million in HUD-Insured Financing for Skilled Name: Fred Levine Company: Greystone servicing corporation, inc. Job title: Originador de prstamos Country of Residence: United States Precise location . Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. Whether for seniors or children, these skilled nursing facilities will benefit from the stability that comes with low-interest federally-insured loans.. Fred Levine - Managing Director - Greystone | ZoomInfo Then in Buffalo, Greystone refinanced the original bridge loan provided by Popular Bank (and arranged by Greystone) for Centers acquisition of a 200-bed skilled nursing facility. With HUDs full cooperation, and that of the buyer/borrower and the seller, both repeat Greystone clients, we were able to efficiently execute the financing and timing on favorable terms., HUDs partnerships with private lenders like Greystone are putting healthcare facilities across New York on firm financial footing for decades to come, said Lynne Patton, HUD Regional Administrator for New York and New Jersey. 2023 Irving Levin Associates LLC. Niskayuna, NY Greystone has provided a $27.048 million HUD-insured permanent loan to refinance Pathways Nursing and Rehabilitation Center, a 112-bed skilled nursing facility. Greystone intends to move the financing to a permanent exit with a HUD-insured loan as soon as possible. Residents have access to the gated communitys clubhouse and business center, swimming pool and fitness center, tennis court, picnic and playground area, laundry facility and on-site parking. The Optima Portfolio includes 561 beds in total across the three New York skilled nursing facilities, which have each recently been renovated. For more information, visit www.greystone.com. Cultures of over 75 countries from the Asian continent East, Southeast, and South Asia as well as the Pacific Islands of Melanesia, Micronesia, and Polynesia contribute to the remarkable achievements and helped shape our nations history. Located in Boonville, 20 miles north of Rome, NY, Sunset Nursing and Rehabilitation Center is growing its occupancy and is the only nursing home in a 15-mile radius. The complex includes six buildings comprising 139 skilled nursing beds, of which 39 are for a dedicated for Memory Care residents; 131 licensed personal care beds; and 91 residential living units. Check out this great listen on Audible.com. #affordablehousing #financingsolutions, Greystone welcomes Paul Donahue as a Managing Director! Mr. Donahue brings over 35 years of real estate capital markets expertise to Greystones lending platform, and is based in Boston, MA: bit.ly/3oB8TVS Welcome, Paul! Theres a value-add case study for you. The financing was originated by Fred Levine, Managing Director in Greystone's New York office, on behalf of long-term client Royal Castle Development. 2023 Greystone & Co. II LLC. Greystone Provides $46.5 Million in Fannie Mae Green Its been the most active HUD multifamily and healthcare agency lender over that time, having doled out nearly $2.6 billion in commitments across 136 loans, per an update from Greystone. Fred Levine, Greystone. Greystone Provides $10.4 Million Bridge Loan to Refinance Skilled The $10,370,000 non-recourse bridge loan enables the owner to refinance existing recourse senior debt and continue to stabilize the SNF asset until it is ready for permanent financing with low, fixed-rate financing through FHAs 232(f) program. All Rights Reserved, Mailing: P.O. October 04, 2021 12:33 ET Greystone volunteers enjoyed creating birthday, caring and holiday cards to bring smiles and cheer to older adults throughout the year. Greystone Managing Director Fred Levine originated the loans insured by the U.S. Housing and Urban Development. with Greystone's Fred Levine leading the deal for the lender. Others Named Fred Levine. NYREJ : The commercial real estate media source. No credit card required. I may be getting old, but the excitement of helping quality operators acquire facilities so they can provide amazing care for their residents never gets old, said Mr. Levine. Implementing our operational plans and enhanced resident care programs to continue and build on Saint Marys reputation of exceptional resident care is our priority., About Greystone:Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. He sources debt and equity finance solutions for owners ofmultifamily,seniors housingand healthcareproperties,in particularskillednursing and assisted living facilities. FRED LEVINE , Originador de prstamos, greystone servicing corporation Read the latest edition of the Commercial Observer online! Your email address will not be published. May 27, 2021 Fred Levine Greystone has provided $34.946 million in HUD-insured loans to refinance a portfolio of five skilled nursing facilities across southeastern Wisconsin comprising 558 beds.. PRESS CONTACT:Karen MarottaGreystone212-896-9149Karen.Marotta@greyco.com. 2023 - MULTIFAMILYBIZ.COM - ALL RIGHTS RESERVED, PropTech Innovator 365 Connect Celebrates Twenty-Years of Delivering Leading Edge Solutions to The Multifamily Housing Industry. Greystone has provided a $10.4 million bridge loan to refinance a 120-bed skilled nursing facility in Boonville, New York. All rights reserved. Those who are helping move markets forward, each and every day. Fred Levine is a Managing Director at Greystone, a commercial real estate lending, investment and advisory company. Join us in taking the time to educate yourself and approach the AAPIumbrella with openness and curiosity to learn more about identities, history, and culture. industry. Required fields are marked *. Berry, 60, retired and departed HUD early in 2019 as director of production for Federal Housing Administration Section 232 loans, a program that shields lenders from mortgage defaults and is geared to insure loans that facilitate the construction or rehabilitation of skilled nursing, intermediate care and assisted living facilities, among a couple other classifications; theres also the corresponding Section 232/223(f), which is available for purchases or refinancings of these asset types. The transaction was originated by Fred Levine, Managing Director on behalf of Sunset PropCo LLC and Sunset Operating LLC. Box 1117, New Canaan, CT 06840. The transaction was originated by Fred Levine, Managing Director on behalf of Sunset PropCo LLC and Sunset Operating LLC. Built in 1974, the 475-bed facility in the . New York, NY, US View. NYREJ : The commercial real estate media source. He sources debt and equity finance solutions for owners of multifamily,. Fredearned aBachelorsdegree at City University of New York Brooklyn College. Working on behalf of skilled nursing operator Centers Health Care, Fred Levine of Greystone arranged over $100 million in HUD financing to refinance a couple of their New York SNFs. Subscribe to our email list to read all news first. . This is the first step in the bridge-to-HUD process and a continuation of our commitment to provide liquidity to healthcare providers, said Mr. Levine. Fred Levine - Greystone After operating the facility since 2013 and significantly improving performance, Centers acquired it in 2016. Optima Skilled Nursing Facility Portfolio - Greystone Read more about this award here: https://spr.ly/6049OTCn7, Congratulations to Greystone's Jon Morales for being ranked by HousingWire as a 2023 rising star. They have since turned around the operations (with 90% occupancy) and turned to Mr. Levine to receive a $28.87 million ($144,000 per bed) HUD loan to refinance the facility. NEW YORK, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $47 million in HUD-insured loans for five skilled nursing. All rights reserved. Berrys Greystone tenure will see him stationed in Detroit, Mich. as a senior production manager, working alongside Greystone managing director Fred Levine, whos spent nearly 20 years at the firm. Find an expert by name, location, or specialty, discover the breadth and depth of our expertise, and get in touch to request a quote. Greystone Provides $46.5 Million . #risingstar #housing #leader, Join Greystone and Greystones Asian Pacific Islanders Employee Resource Group as we honor and celebrate Asian American Pacific Islanders (AAPI) throughout May and beyond. Raleigh, North Carolina, United States . View Fred Levine's email address (f*****@greyc***.com) and phone number. 2023 Irving Levin Associates LLC. Fred joined Greystone in 2001 and specializes in originating FHA-insured loans, Fannie Mae, Freddie Mac, CMBS and bridge financing, and a range of other solutions for the acquisition and refinancing of commercial real estate and healthcare facilities. Greystones bridge lending group is stepping up its efforts to provide financing solutions to our borrowers so they can continue to focus on resident care.. Thats good for an almost 15 percent share of the market, which is the most among all HUD-qualified lenders. Greystone on Tuesday announced the successful closing of a nearly $72 million bridge loan used in the acquisition and refinance of a seven-building . Learn more about our bridge financing solutions here: https://bit.ly/35WSYp0, Congratulations to Greystone, winner of our Excellence in Operations AND Excellence in Duty to Serve awards. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. Search. Constructed by the borrower in 2000, Hampton Court Apartments consists of 19 garden-style apartment buildings offering two- and three-bedroom units with updated appliances, washer/dryer hook ups, and private outdoor living spaces. February 08, 2021 11:43 ET The transaction was originated by Fred Levine of Greystone. After a long career at HUD, covering all aspects of financing, Im looking forward to working alongside the experts at Greystone that Ive gotten to know over the last few decades.. Carver Living Center, located at 303 E. Carver St. in Durham, is the largest . Your use of Greystone Provides HUD Loan for Multifamily Complex in Michigan Real estate development , whos spent nearly 20 years at the firm. Fred Levine . Greystones extensive lending platform is here to meet client needs through every phase of a projects lifecycle. Its incredibly exciting to have Patrick join our team; Ive known Patrick for almost 20 years, Levine said in a statement.

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