He will help the firm expand its large-loan capacity as bridge lending demand surges
Commercial mortgage provider Greystone has announced the addition of David Goodman to its portfolio lending group as managing director.
In this role, Goodwin will be responsible for underwriting large-balance bridge loans. The CRE lender, which reported a record loan volume of $16.6 billion in 2020, said it had seen a rise in demand for its short-term bridge lending and mezzanine finance offerings.
Goodwin returned to Greystone after time spent at Wells Fargo. Twenty years ago, he served as managing director for Greystone’s structured credit portfolio and played a key role in its agency license and origination activities. Goodwin will be based in New York and report to Steve Germano, who heads multifamily loan underwriting for Greystone’s portfolio lending group.
“Rejoining Greystone after so many years is gratifying, as the firm has accomplished so much in my time away and is now poised to truly elevate the multifamily finance landscape with such a strong suite of solutions,” Goodwin said. “It’s truly an exciting time for the multifamily sector, and Greystone’s Portfolio Lending platform will serve a critical role for owners and investors that are driving part of the economic recovery after the impact from the pandemic.”
“I am thrilled to welcome David back to Greystone, particularly to portfolio lending, which will undoubtedly benefit from his expertise gained through the last several real estate cycles in high-caliber roles,” said Mark Jarrell, head of Greystone’s Portfolio Lending Group. “I am excited for the anticipated growth of our bridge lending platform and the scale that David will enable us to meet this demand.”
