SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Instagram Outage Disrupts Thousands of U.S. Users 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
NEW YORK, Feb. 04, 2016 -- The Greystone Bassuk Group, a real estate capital intermediary and financial advisor to major developers, today announced that Paul Fried has joined as Executive Managing Director. Based in New York, Mr. Fried will report to Richard Bassuk, chief executive officer of The Greystone Bassuk Group. In this new role, Mr. Fried will be responsible for expanding the company’s equity capital advisory business. He will focus, initially, on raising institutional equity capital on behalf of high quality sponsors for large-scale new construction and fully stabilized properties - covering all asset classes and across the U.S.
Mr. Fried joins Greystone from L&L Holding Co, where he headed the company’s capital raising activities and was responsible for raising in excess of $2.5 billion of equity across their portfolio. There, he worked on capital raises for projects such as 425 Park Avenue, 195 Broadway and 200 Fifth Ave (the "Toy Building"). Previously, he worked at Deutsche Banc Mortgage Capital and was Director of the CMBS Group. Prior to that, he was an attorney with Milbank, Tweed, Hadley & McCloy. Mr. Fried is a Rutgers College and Rutgers Law graduate.
Greystone’s client roster includes many of the industry’s established owners, developers and investors. “We provide our clients with a strategic, thoughtful approach to assembling capital for their projects. Paul’s tremendous experience and expertise will supplement our industry-leading debt placement platform with expanded equity raising capabilities that will allow us to deliver fully-integrated capital solutions to our clients” said Bassuk.
The expansion of Greystone’s equity services coincides with its development of a dedicated EB-5 business, backed by Greystone’s balance sheet, to provide greater certainty of execution for clients seeking to raise capital abroad. The scope of Greystone’s lending program includes agency and CMBS lending, public bond financing, bridge, mezzanine and construction lending.
About The Greystone Bassuk Group
The Greystone Bassuk Group is a real estate capital intermediary and advisory firm serving a select group of the most prominent real estate owners and developers in New York City and nationally. The Greystone Bassuk Group is a joint venture between The Bassuk Organization, Inc. and Greystone & Co., Inc., a leading national provider of multifamily loans, and together with its affiliated companies, provides an expanded range of real estate and financial services, including creative debt and equity financing. For more information visit www.greyco.com and www.greystonebassuk.com.
PRESS CONTACT: Jennifer Little Relevance New York – for Greystone 212-920-7057 [email protected]
