Greystone, a provider of multifamily and healthcare mortgage loans, has hired two senior executives – Jef Elm and Matt Grodd – for its Portfolio Lending Group, which focuses on bridge, mezzanine and special situations lending.
Elm joins Greystone as managing director, production, based in Austin, Texas, and reports to Marty Lanigan, head of the Portfolio Lending Group in Greystone's New York headquarters.
Elm has spent most of the last 25 years in senior production and origination roles on a national and regional basis and has lending experience originating bridge and permanent loans at lenders such as Wells Fargo, NationsBank, Prudential and MetLife. He also spent five years as a managing director originating mezzanine loans at Mezz Cap.
Grodd is now a senior vice president in the firm's New York office and is a member of the investor liaison team to Greystone's institutional co-investors. Grodd, also reporting to Lanigan, was previously at TriLyn Investment Management, where he was responsible for originating, underwriting and structuring subordinated commercial real estate debt.
Before TriLyn, Grodd served in the private equity group at Fortress Investment Group, focusing on real estate-related investments, and spent eight years with Deutsche Bank within its Real Estate Investment Banking and CMBS groups, both in New York and London.