Greystone Monticello announces Eric T. Baum has joined as Head of the Multifamily Bridge Sales Desk, working closely with the firms’ originators, including sizing, quoting, and issuing bridge loan applications. Formed in 2021, the Greystone Monticello joint venture provides a wide range of bridge financing options in the multifamily and seniors housing industries.
Mr. Baum brings more than 25 years of experience in commercial real estate lending, management and credit analysis to Greystone Monticello. Throughout the course of his career, he has originated, structured, underwritten and closed over $23.2 billion of commercial real estate debt products on all property types across the United States. Most recently, Mr. Baum was a Managing Director at Lument, where he originated new bridge loan opportunities for multifamily assets, including nearly stabilized and transitional properties. He has served as a Managing Director at Exantas Real Estate Funding, focusing on loan underwriting, credit analysis and closings, and has also held senior positions with CW Financial Services, Ventras and Capmark Financial Group/GMAC Commercial Mortgage.
Mr. Baum will be based out of Philadelphia, reporting to Mark R. Jarrell, Executive Vice President, Portfolio Lending at Greystone Monticello.
“Eric has incredibly deep expertise and long-standing industry relationships in commercial real estate finance, particularly in the multifamily space,” said Mr. Jarrell. “We are excited about the impact that he will have on the Greystone Monticello joint venture and look forward to his leadership in furthering our ability to serve our clients well, with solutions that make sense for their unique situations.”