Last year was a time of expansion for Greystone, including the incredibly well-timed acquisition of C-III Asset Management in the fourth quarter.
Greystone announced its completed purchase of C-III and its $20.7 billion servicing portfolio in January.
“At the end of last year, we had the opportunity to purchase $20 billion of C-III’s servicing and special service [business], so that $20 billion added on to our existing $40 billion servicing portfolio,” said Stephen Rosenberg, Greystone’s chairman and CEO.
Read More in Commercial Observer.