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Greystone Advises Webster Bank in $303M Freddie Mac Q-Series Securitization
Greystone assisted Webster Bank N.A. in completing a $303-million Freddie Mac Q-Series securitization. The transaction was collateralized by 19 loans secured by 31 properties totaling 1,236 multifamily units, all located on the East Coast.
The transaction was led on behalf of Webster Bank by Greystone’s Structured Products Group, including senior managing director Leena Amin, managing director Greg Darling and directors Max Garelick and Scott Fuller.
“This liquidity vehicle is an attractive option for banks with a wide range of multifamily loan types, particularly mission-driven assets such as small balance, LIHTC or preservation loans,” said Amin, who heads Greystone’s Structured Products Group. “Our specialized team at Greystone has extensive experience in securitizations, offering the necessary expertise to guide loan sellers on capital markets strategies or purchases of commercial real estate loan portfolios directly from the market.”
- ◦Financing
