Christopher Clare, Managing Director, Greystone. Picture courtesy of GreystoneGreystone has employed Christopher Clare as managing director with a concentrate on nationwide healthcare and senior housing finance. In his position, Clare will report back to Nikhil Kanodia, head of the agency’s FHA lending platform.
Clare has greater than 11 years of financing expertise. Earlier than becoming a member of Greystone, he was with M&T Bank, the place he most not too long ago served as a senior relationship supervisor. Throughout his seven-year tenure, he supplied financing for institutional fairness funds, skilled operators and builders energetic within the healthcare and senior housing industries. Previous to that, Clare gained municipal fastened earnings experience at Bank of America Merrill Lynch. He holds an MBA from Georgetown College and an undergraduate diploma from Susquehanna College.
Greystone has originated and obtained agency commitments for 136 HUD-insured multifamily and healthcare loans totaling nearly $2.6 billion since October 2019, the start of HUD’s fiscal 12 months. One of many offers was a $71.three million loan issued for the refinancing of a 320-bed expert nursing facility in Lengthy Island, N.Y.