Cushman & Wakefield has finalized its strategic investment of $500 million in Greystone, acquiring a 40 percent stake in Greystone’s Agency, FHA and Servicing businesses.
With this investment, Cushman & Wakefield and Greystone officially have closed and entered into a previously announced strategic joint venture to deliver best-in-class advisory services and capital solutions to existing, joint and new clients of both firms nationwide. Greystone intends to use the capital to create innovative product offerings that will position the company for future expansion.
“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.
