Latest news with #Greystone
Yahoo
14-07-2025
- Business
- Yahoo
Greystone Arranges $43.5 Million Debt Placement for Independent Living Community in Oregon
NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has arranged a $43,500,000 debt placement to refinance a Class A independent living community in Oregon. The financing was sourced by David Young, Managing Director. The 142-unit property is a recently built and stabilized Class A+ independent living community featuring upscale amenities tailored for senior residents. The debt placement, with a regional bank, includes a competitive floating rate priced in the 200s over SOFR, enabling the sponsor to refinance existing senior and subordinate construction debt, return capital to investors, and position the asset for a future permanent agency execution. 'We ran a targeted process across both banks and debt funds to source financing that would meet a stretch target for our client,' said Mr. Young. 'With strong trailing cash flows albeit on a shorter trailing period but a demonstrably clear upward trend, we were able to achieve highly favorable execution that materially exceeded expectations.' About GreystoneGreystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit PRESS CONTACT:Karen
Yahoo
02-07-2025
- Business
- Yahoo
Massachusetts Division of Capital Asset Management & Maintenance Releases RFP for New Springfield Regional Justice Center
SPRINGFIELD, Mass., July 02, 2025 (GLOBE NEWSWIRE) -- Greystone Real Estate Advisory Group (GREA), serving as transaction advisor for the Massachusetts Division of Capital Asset Management & Maintenance (DCAMM), is pleased to announce a Request for Proposals (RFP) which provides an exceptional opportunity to design, build, and own a landmark facility anchored by a 40-year initial lease with the Commonwealth -- a new courthouse facility in Springfield, MA. The selected development partner will be responsible for providing a site and delivering a fully functional courthouse encompassing up to 330,000 usable square feet to accommodate judicial, administrative, detention, and court services. The initial lease term will span 40 years, with the potential for two 10-year extensions, for a total term of up to 60 years. 'DCAMM is pleased to announce the availability of the Request for Proposals as a major milestone in the Commonwealth's efforts to accelerate the delivery of a new modern regional justice center for Springfield and Hampden County,' said DCAMM Commissioner Adam Baacke. 'We look forward to a robust response from the development community that will ultimately yield a high-quality facility that also reflects important community priorities.' Development proposals must include: A suitable site within the city limits, preferably centrally located in Downtown Springfield, with strong civic identity and convenient public access Design that aligns with court operational needs and enhances community presence Plans to exceed the Commonwealth's sustainability benchmarks Demonstrated experience in delivering large-scale civic or justice-related infrastructure Financial and operational capacity to execute a project of this magnitude 'We are pleased to see this important project move into its next phase,' said Executive Office of the Trial Court Chief Justice Heidi Brieger and Court Administrator Thomas G. Ambrosino. 'This new courthouse will better serve our employees, court users, and the broader community.' In Greystone's role as transaction advisor to DCAMM for the Springfield Regional Justice Center project, services include opportunity marketing to achieve high visibility of this unique solicitation, proposal analysis, and transaction advisory services. Greystone's experience includes serving as the real estate and development advisor to numerous Commonwealth agencies, including the MBTA, MassDOT and DCAMM, in addition to numerous public institutions across the nation. For more information, please visit About the Greystone Real Estate Advisory GroupEstablished in 1999, the Greystone Real Estate Advisory Group, a division of Greystone Select Incorporated (Greystone), provides commercial real estate service to public, private, and not for profit clients. Its mission is to provide advisory services that maximize the value of existing real estate portfolios. Through its established partnership with public clients, Greystone Real Estate Advisory Group has become a national leader in the management of revenue-producing properties for public transportation agencies. The group has an established reputation in the marketplace as a results-oriented property asset management firm that routinely identifies new revenue sources from its client's existing portfolios. For more information, visit About the Division of Capital Asset Management and Maintenance The Division of Capital Asset Management and Maintenance (DCAMM) works with state agencies to create and manage forward-thinking, sustainable buildings to meet the needs of the people they serve. DCAMM partners with fellow agencies to help them meet their strategic needs with fiscally responsible building and real estate solutions. CONTACT:Dennis while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Hamilton Spectator
02-07-2025
- Business
- Hamilton Spectator
Greystone Logistics Shares Information on Stock Buybacks
TULSA, Okla., July 02, 2025 (GLOBE NEWSWIRE) — Greystone Logistics, Inc. (OTCQB: GLGI), a leading manufacturer of 100% recycled plastic pallets, is pleased to announce the successful completion of its previously authorized share buyback program, which involved the repurchase of 1 million shares. This strategic decision was made to enhance shareholder value and reflects the company's confident outlook for its future growth and performance. The board of directors is currently evaluating the potential to increase this buyback amount in the future, ensuring that all actions taken remain in the best interest of the shareholders. 'We are committed to maximizing shareholder value, and the completion of this buyback program underscores our dedication to that goal,' said Warren Kruger, CEO of Greystone Logistics. 'As we move forward, we will continue to assess opportunities to further enhance our financial position and deliver value to our shareholders.' Greystone Logistics remains focused on its core mission to provide exceptional logistics solutions while maintaining a strong commitment to its investors. The company looks forward to updating shareholders on future initiatives and strategies. About Greystone Logistics Greystone Logistics is a 'green' manufacturing company focused on sustainability. The company reprocesses recycled plastic and designs, manufactures and sells high-quality 100% recycled plastic pallets that provide logistical solutions for a wide range of industries such as the food and beverage, automotive, chemical, pharmaceutical and consumer products. The Company's technology, including a proprietary blend of recycled plastic resins used in the injection molding equipment, extrusion lines and patented pallet designs, allows production of high-quality pallets more rapidly and at a lower cost than many other processes. The recycled plastic for Greystone's pallets helps control material costs while reducing environmental waste and provides cost advantages over users of virgin resin. Simplot, Omaha Steaks, Corning, Walmart, MillerCoors, iGPS, Sutter Home Wines, Diageo and many others have utilized recycled Greystone plastic pallets. For more information about Greystone Logistics and its innovative products, please visit . Forward-Looking Statements This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as 'believe,' 'expect,' 'anticipate,' 'plan,' 'potential,' 'continue' or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in the Company's filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Contact Brendan Hopkins Investor Relations Email: investorrelations@ Phone : (407) 645-5295
Yahoo
11-06-2025
- Business
- Yahoo
Greystone Capital Advisors Arranges $525 Million in Construction Financing for 55-Story Condominium Tower in Long Island City, NYC
NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced it has arranged $525 million in construction financing for the development of Court LIC, a 55-story condominium tower to-be-built on a site located at 24-19 Jackson Avenue in the center of Long Island City's Court Square neighborhood. The financing was arranged on behalf of co-developers Charney Companies and Tavros, in partnership with Incoco Capital, by the Greystone Capital Advisors team including Drew Fletcher, President; Paul Fried, Executive Managing Director; and Bryan Grover, Managing Director. The financing package includes $425 million in senior debt provided by Madison Realty Capital, along with $100 million of preferred equity financing from Kushner and its capital partner, OneIM. 'This was an exceptionally complex transaction involving multiple layers of capital, a sophisticated assemblage, and a visionary plan for a truly iconic mixed-use residential development in Long Island City,' said Drew Fletcher, President, Greystone Capital Advisors. 'Our team was honored to advise Charney and Tavros in structuring a capital stack that enables them to bring this transformative project to life. The commitment from premier institutional lenders speaks to the strength of the sponsorship and the market's belief in this location and product.' The forthcoming tower, designed by FXCollaborative, will deliver 600 new condominium residences to the rapidly evolving LIC skyline and include an expansive amenities suite. Whole Foods and Chelsea Piers Fitness are slated to occupy the building's podium. Construction is expected to begin in June 2025 with anticipated completion in spring 2028. About GreystoneGreystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit Securities transactions are affected through INTE Securities LLC dba Greystone INTE BD, member FINRA For information regarding INTE Securities LLC go to PRESS CONTACT:Karen
Yahoo
09-06-2025
- Business
- Yahoo
Greystone Provides $26 Million in Bridge Financing for Skilled Nursing Facility in California
NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $26,000,000 Bridge loan for the acquisition of a skilled nursing facility in California. The financing was originated by Christopher Clare and Ben Rubin of Greystone. The Greystone Bridge loan includes a 15-month term with a 12-month extension option at a floating rate and is full-term interest-only. Greystone intends to lead the borrower through a permanent financing solution with a HUD-insured loan. 'We are thrilled to have helped the sponsor acquire this beautiful new asset and look forward to ushering them through the FHA loan process, which provides longer terms and lower rates than other permanent debt options in today's market,' said Mr. Rubin. 'As the #1 HUD healthcare lender*, Greystone's lending expertise and market knowledge are essential resources for sponsors looking to grow and optimize their portfolios.' About GreystoneGreystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visit *For HUD's 2024 fiscal year ending September 30, 2024. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing company LLC and excludes risk sharing and hospital loans. PRESS CONTACT:Karen in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
