Greystone Adds Managing Director to FHA Team
- Aug 25, 2020
Greystone has hired Christopher Clare as managing director with a focus on national healthcare and senior housing finance. In his role, Clare will report to Nikhil Kanodia, head of the firm’s FHA lending platform.
Clare has more than 11 years of financing experience. Before joining Greystone, he was with M&T Bank, where he most recently served as a senior relationship manager. During his seven-year tenure, he provided financing for institutional equity funds, experienced operators and developers active in the healthcare and senior housing industries. Prior to that, Clare gained municipal fixed income expertise at Bank of America Merrill Lynch. He holds an MBA from Georgetown University and an undergraduate degree from Susquehanna University.
Greystone has originated and obtained firm commitments for 136 HUD-insured multifamily and healthcare loans totaling almost $2.6 billion since October 2019, the beginning of HUD’s fiscal year. One of the deals was a $71.3 million loan issued for the refinancing of a 320-bed skilled nursing facility in Long Island, N.Y.