Greystone has hired two new executives for its CMBS lending team.
Former RAIT Financial Trust executive Harris Heller joins as a managing Director based in Philadelphia, and Nicholas Diamond joins from Pillar Multifamily as a director based in New York. Both report to Robert Russell, head of CMBS production.
“Greystone continues to invest in its CMBS platform because we think it’s crucial to have total product coverage for our clients as markets continue to evolve,” Russell told Real Estate Capital in an email.
“CMBS has been and, we believe, will continue to be a good option for some clients some of the time. And, for those other times and other clients, we’re always looking for the best athletes out there who can help us deliver a multitude of solutions.”
The New York-based real estate lending, investment and advisory company’s commercial lending platforms span Fannie Mae, Freddie Mac, CMBS, FHA, USDA, bridge and proprietary loan products.
Heller was a managing director at RAIT Financial Trust and has specialized in fixed and floating rate loan originations since 2013, sourcing more than $400 million in deal volume. At Greystone Heller will focus on CMBS, bridge and agency lending on all property types.
At Pillar, Diamond was a VP and underwriter for two years. He previously he served as a managing partner at beverage start-up Riazul and prior to that spent six years at Credit Suisse in the Real Estate Structured Finance Group. At Greystone he will focus on CMBS and agency lending.