News

Greystone Continues West Coast Expansion With Opening of Newport Beach Office

August 27, 2013

Greystone, a leading national provider of multifamily and healthcare mortgage loans, opened the firm’s new West Coast Headquarters in Newport Beach, California. Greystone’s West Coast expansion is advancing at a tremendous pace under the direction of Rick Wolf, Senior Managing Director.

Four professionals will join the Newport Beach officeincluding Leah Purvis, a 10 year veteran at Greystone, who is relocating fromTampa, Florida to oversee West Coast Operations and Credit. In addition toLeah, Greystone has hired three new team members to the firm: Bradley Olson,previously with Berkley Point, Andrea Nolan, formerly of Walker Dunlop and JohnLin, who joined from Alliant Capital.

“Leah’s contributions over the years have enrichedGreystone’s services and we are thrilled that she will be overseeing thetalented and dynamic individuals in Newport Beach,” said Wolf. “The Newportteam includes top professionals with local expertise and over 33 years ofcombined experience. Opening this additional office and building this team willstrengthen our services in the region as we continue to enhance our suite ofproducts to meet the needs of our customers.”

The opening of the Newport Beach office marks theaddition of Greystone’s fourth California location and greatly expands lendingand operational services provided to the region.

“The Newport Beach office puts Greystone at the center ofone of the most exciting housing markets in the United States, allowing us tobetter serve the area while offering the comprehensive lending platform thatborrowers demand,” said Purvis.

The Greystone Newport Beach office is located at 450Newport Center Drive, Suite 400.

With more than 200 mortgage professionals throughout the United States, Greystone is a multifamily industry expert and leader. Greystone’s experience working with FHA, Fannie Mae and Freddie Mac, along with its expertise in the multifamily and healthcare lending business, allows the firm to provide clients across the United States with innovative solutions that fit their individual needs. In 2012, Greystone originated approximately $3.4 billion of Fannie Mae, Freddie Mac, Affordable, FHA and Bridge multifamily business.