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CushWake, Greystone Close on Strategic Joint Venture
Cushman & Wakefield has finalized its strategic investment of $500 million in Greystone, acquiring a 40% stake in Greystone’s agency, FHA and servicing businesses. With this investment, Chicago-based Cushman & Wakefield and New York-based Greystone have officially closed and entered into a previously announced strategic joint venture to deliver advisory services and capital solutions to existing, joint and new clients of both firms nationwide.
“Our goal is to build the finest multifamily platform in the country, and by integrating our respective capabilities, we can now offer our clients a seamless, full-service advisory experience,” said Andrew McDonald, chief executive, Americas, Cushman & Wakefield.
Gresytone founder and CEO Stephen Rosenberg added, “By bringing together our areas of expertise, we are committed to leading the multifamily market. This strategic joint venture and investment in Greystone significantly enhances the ability to execute on our clients’ investment strategies and our own plan for growth.”
- ◦Sale/Acquisition
- ◦Financing


