Greystone Expands Multifamily Housing Team and Continues to Increase Affordable Lending Footprint

Greystone Expands Multifamily Housing Team and Continues to Increase Affordable Lending Footprint

NEW YORK, NY - Greystone Servicing Corporation, Inc., a leading national provider of multifamily and commercial mortgage loans, has appointed two new hires to further develop and expand Greystone’s lending business. Chris Rabenold, Managing Director, joins from Los Angeles-based Plaza Bank and Keith Kiecker, Director, has joined from JP Morgan Chase.

A commercial lending veteran, Rabenold brings 11 years of experience to Greystone. As Managing Director and overseeing the small loan business for Greystone’s Los Angeles office, Rabenold will work to continue building out the firm’s footprint on the West Coast. He reports to Richard Wolf, Senior Managing Director of Greystone.

Previously, Rabenold served as the Vice President of commercial real estate at Plaza Bank where he led the firm’s business development and loan origination for commercial real estate lending in the Northern California market. His responsibilities at Plaza Bank included increasing its lending footprint while determining the pricing, structure and credit worthiness of credit facilities. Throughout his career, Chris has closed over $300 million of commercial real estate transactions.

Rabenold’s leadership experience also includes working as the Vice President and Senior Business Manager at the Bank of East Asia, where he was responsible for loan originations and portfolio management for commercial real estate lending in California.

“Chris brings tremendous market insight to an area with great potential for growth,” said Richard Wolf. “Chris’s expertise will be an asset as we continue building out the business on the West Coast.”

Keith Kiecker will be responsible for reviewing Greystone’s prospective affordable housing transactions -- assessing risk and determining the financial viability of affordable housing projects throughout the firm -- and focusing on the firm’s work with Fannie Mae, Freddie Mac and FHA. Based in the firm’s New York City office, Kiecker reports directly to Jeff Englund, Managing Director of Greystone.

Kiecker brings over 10 years of affordable housing experience to his new position. At JP Morgan Chase, Kiecker underwrote and approved affordable housing construction and permanent loans, as well as bridge loans. Additionally, Kiecker’s background as an asset manager at Enterprise Community Investment Inc. and Alliant Capital L.P. further augments his experience in affordable housing.

“With an extensive background in affordable housing, Keith will bring an experienced perspective to the affordable multifamily market,” said Jeff Englund. “Keith’s addition to the firm will be valuable in selecting deals in a highly competitive marketplace."

Source: Greystone / #Multifamily #Apartments

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