CRE Industry Veteran Eric T. Baum Joins Greystone Monticello

NEW YORK, NY/ACCESSWIRE/August 1, 2022/ Greystone Monticello announces that Eric T. Baum has joined the Multi-Family Bridge Sales Office, working closely with business originators, including sizing, quoting and issuing bridging loan applications. Formed in 2021, the Greystone Monticello joint venture offers a wide range of bridge financing options in the multi-family housing and senior housing sectors.

Mr. Baum brings to Greystone Monticello over 25 years of experience in commercial real estate lending, credit management and analysis. During his career, he originated, structured, underwrote and closed over $23.2 billion in commercial real estate debt products on all property types in the United States. Most recently, Mr. Baum was Managing Director at Lument, where he created new bridge loan opportunities for multi-family assets, including near-stabilized and transitional properties. He was Managing Director at Exantas Real Estate Funding, focusing on loan underwriting, credit analysis and closings, and also held senior positions at CW Financial Services, Ventras and Capmark Financial Group/GMAC Commercial Mortgage .

Mr. Baum will be based in Philadelphia and will report to Mark R. Jarrell, Executive Vice President, Portfolio Lending at Greystone Monticello.

“Eric has incredibly deep expertise and longstanding relationships with the commercial real estate finance industry, particularly in the multifamily space,” Mr. Jarrell said. “We are excited about the impact he will have on the Greystone Monticello Joint Venture and look forward to his leadership in strengthening our ability to serve our customers well, with solutions tailored to their unique situations.”

About Greystone Monticello

Greystone Monticello is a joint venture formed in 2021 between Greystone and MONICELLOAM to provide comprehensive bridge financing solutions to healthcare and multifamily investors.

Greystone is a national, privately held commercial real estate finance company with an established reputation as a leader in multifamily and healthcare financing, having been ranked among the top FHA, Fannie Mae and Freddie Mac lenders in these sectors. Loans are offered by Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit www.greystone.com.

MONTICELLOAM subsidiaries offer variable rate term loans, 5, 7 and 10 year fixed rate term loans, and working capital lines of credit. MONTICELLOAM subsidiaries fund skilled nursing facilities, assisted living facilities, independent living facilities, and other health care facilities or senior living facilities throughout the United States. years of industry experience as lenders, investors, developers and owner-operators. For more information, visit www.monticelloam.com.

PRESS CONTACT:

Karen Marotta
gray stone
212-896-9149
[email protected]

THE SOURCE: Gray Stone & Co

See the source version on accesswire.com:
https://www.accesswire.com/710431/CRE-Industry-Veteran-Eric-T-Baum-Joins-Greystone-Monticello

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