NEW YORK CITY — Allegiant Real Estate Capital and Greystone & Co. Inc. have announced a partnership to collectively pursue commercial real estate lending opportunities in skilled nursing and multifamily products throughout the United States.
The partnership will specifically focus on mortgage, mezzanine and preferred equity products.
Through this new partnership, Allegiant will be able to access Greystone's multifamily and skilled nursing product offerings as well as Greystone's capital for co-investment opportunities. Greystone will be able to capitalize upon Allegiant's sourcing, underwriting, asset management and capital markets capabilities, according to a press release from the companies.
Allegiant Real Estate Capital was launched in September 2016 by its Randy Reiff, in connection with its spinoff from an affiliate of Cerberus Capital Management. Greystone is one of the largest HUD multifamily lenders in the country.