LEGAL CORNER: NYC Passes the FARE Act and Restricts the Payment of Commissions by Tenants
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
Greystone, a leading national commercial real estate finance company, announced Rich Martinez has been promoted to Head of Production, Agency Lending, after joining the firm in 2022 as Executive Managing Director, Multifamily Sales & Production.
In this new role, effective immediately, Martinez will lead all Agency loan origination efforts, particularly market-rate multifamily for Fannie Mae and Freddie Mac, for which Greystone is a top lender.
In his continued role as part of Greystone’s lending leadership team, Martinez will also focus on expanding Greystone’s institutional borrower network, recruiting and expansion geographically, and enhancing and optimizing the firm’s joint venture relationship with Cushman & Wakefield, which provides a comprehensive suite of advisory services to property investors nationwide.
Prior to joining Greystone, Martinez served as Senior Vice President of Production & Sales at Freddie Mac, where he worked for more than 34 years in various roles.
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