NEW YORK, April 21, 2016 (GLOBE NEWSWIRE) -- Greystone, a private real estate lending, investment and advisory company, announced it has received Regional Center approval from the U. S. Citizenship and Immigration Services for the Southeastern United States. The designation, which was granted under the Immigration Investor Program and expands upon Greystone’s existing Florida-based Regional Center, now spans counties throughout Florida, Georgia, North Carolina, and portions of South Carolina.
Greystone’s EB-5 group is the industry’s first institutional EB-5 sponsor with the capabilities and financial strength of a full-service real estate lender, investor, fiduciary, servicer, developer, and advisor. Greystone provides developers complete, customized and integrated financing solutions that may include construction financing, EB-5 financing, permanent financing and equity for commercial real estate and healthcare development projects. On behalf of its clients, Greystone also manages the entire EB-5 capital-raising process, including deal structuring, document preparation, marketing, and loan and investor servicing.
Greystone is currently sourcing $185 million in EB-5 capital, and has an additional $500 million in EB-5 financing in its pipeline across key cities including New York City, Los Angeles, San Diego, and Seattle. Greystone’s deep experience in the property development sector, including over $2 billion in projects around the U.S., provide unique insight into the construction finance process from a developer’s perspective.
“The expansion of the Southeast Regional Center marks an important milestone for us as an institutional player in the EB-5 space, further highlighting Greystone’s unique capabilities in a full-service financial lender that strives to make a difference in the way EB-5 capital is sourced and managed,” said Allison Berman, head of Greystone’s EB-5 group.
About Greystone EB-5
Greystone is a real estate lending, investment and advisory company and is a leader in multifamily and healthcare finance. Established in 2015, Greystone’s EB-5 group provides real estate and healthcare developers a sophisticated, fully integrated and full-service approach to accessing EB-5 capital for their projects, while offering EB-5 investors access to best-in-class EB-5-compliant investment opportunities and investment servicing. Greystone EB-5 is comprised of a team of professionals with over 10 years combined EB-5 experience, over $92 million in EB-5 funds raised, and has been responsible for multiple I-526 and I-924 approvals. For more information, visit www.greystoneEB5.com.