In early 2021, when Cushman & Wakefield decided it wanted to add a debt platform to complement its longstanding brokerage business, the choice quickly became clear.
C&W hired a consultant to gauge the market for firms that would provide it direct agency lending capabilities. C&W quickly honed in on Greystone, an established multifamily lender, which in turn saw its own benefits to creating an alliance. A deal ultimately came together in less than six months, culminating in C&W and Greystone forming a strategic joint venture last October that set up both firms for commercial real estate growth.
Read the full article on Commercial Observer.