New Hires & Promotions
JVM Realty Corporation (JVM), a leading vertically integrated multifamily real estate investment and property management firm, today announced that it has named Ryan Lodes as vice president of capital markets.
Greystone, a real estate lending, investment, and advisory company, announced its Real Estate Advisors group has expanded its sales and marketing capabilities with the addition of an experienced team in Austin, TX.
Greystone, a real estate lending, investment and advisory company, today announced the expansion of its multifamily advisory platform in California’s Bay Area. Todd Vitzthum, formerly an Executive Director with Cushman & Wakefield, and Simon Hermann, previously a Director, recently joined Greystone as Senior Managing Director and Managing Director, respectively. Collectively, the two key hires, along with their team, bring to Greystone several hundred million dollars in transactional experience, along with a market-leading presence in the multifamily development sales advisory space.
Greystone, a real estate lending, investment and advisory company, announced Joseph Stepchuk has been named a Managing Director. Mr. Stepchuk joins from Fannie Mae, where he served as Director for the past 10 years overseeing $3 billion in annual multifamily loan production. At Greystone, he will support Greystone’s conventional business with Freddie Mac and Fannie Mae. Mr. Stepchuk will report directly to Joe Mosley, Executive Managing Director and head of Agency production, and will be based in the Philadelphia region.
As Doug Culkin retires from the National Apartment Association, the CEO Search Committee set out to name a successor as CEO. Today, we just received word that Robert "Bob" Pinnegar has been chosen. Here is the notice:
Greystone, a real estate lending, investment and advisory company, announced that Avrom Forman has joined as Director of Sales Strategy. In this newly created role, Mr. Forman will serve as a strategic advisor to the FHA origination team, reporting directly to Mordecai Rosenberg, head of Greystone’s FHA lending group.
Greystone, a real estate lending, investment and advisory company, announced that Tanya Eastwood, head of Greystone’s affordable housing development group, has been elected President of the Council for Affordable and Rural Housing (CARH) for the 2016-2018 term.
Greystone, a real estate lending, investment and advisory company, announced that David Varca has joined as a Managing Director for Healthcare Finance. Based in Chicago, Mr. Varca will report to Mordecai Rosenberg, head of Greystone’s FHA lending group. In his new role, Mr. Varca will be responsible for originating FHA-insured and bridge loans, with an emphasis on providing financing for skilled nursing facilities nationwide.
Mr. Varca brings to Greystone more than 15 years of healthcare lending experience. Prior to Greystone, he worked at Ares Management, L.P., where he served as Principal and was responsible for developing and managing senior housing and long term care balance sheet lending for the company. Before Ares Management, L.P., Mr. Varca was Senior Vice President & National Head of Senior Housing and Long Term Care Banking at Popular Community Bank. Prior to Popular Community Bank, he served as Client Manager at Bank of America, Vice President at LaSalle Bank, and Assistant Vice President at Bank One, among other positions. Mr. Varca received his Bachelor of Science in Economics and Bachelor of Arts in Communications from Purdue University.
“Healthcare lending is a specialized discipline that requires an incredible amount of diligence, fortitude and stellar client service skills,” said Mr. Rosenberg. “In addition to possessing these qualities, David brings an extensive amount of industry and finance experience. His contributions will prove to be invaluable as Greystone continues to grow its healthcare lending platform.”
