Greystone 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.”