NEW YORK, March 01, 2016 (GLOBE NEWSWIRE) -- Greystone Bassuk, today announced that Drew Fletcher has been promoted to the role of President. In his new role, Mr. Fletcher will assume day-to-day responsibility in leading the business and will continue reporting to Richard Bassuk, Chief Executive Officer of the Greystone Bassuk Group. In addition to assuming expanded leadership responsibilities, the promotion of Mr. Fletcher also establishes a succession plan for Richard Bassuk, who has been one of Manhattan’s preeminent mortgage brokers with a 40-year track record advising many of New York’s most sophisticated and successful developers.
Since joining the firm in 2013, Mr. Fletcher has advised clients on several of the most complex, highly-structured real estate transactions in New York representing over $3 billion in total capitalization. In addition, Mr. Fletcher has led the expansion of Greystone Bassuk’s platform into new areas of structured finance, including the development of a dedicated EB-5 business and, most recently, the expansion of the firm’s joint-venture equity placement capabilities.
“Drew’s tenacity and leadership have been integral to the growth of our firm, and I have tremendous confidence that he will continue to expand our capabilities and build our brand as one of the premier real estate advisory firms to the industry’s most prominent owners and developers,” said Mr. Bassuk.
About The Greystone Bassuk Group
The Greystone Bassuk Group is a real estate capital intermediary and advisory firm serving a select group of the most prominent real estate owners and developers in New York City and nationally. The Greystone Bassuk Group is a joint venture between The Bassuk Organization, Inc. and Greystone, a leading national provider of multifamily loans, and provides an expanded range of real estate and financial services, including creative debt and equity financing. For more information visit www.greyco.com and www.greystonebassuk.com.