NEW YORK, March 13, 2019 (GLOBE NEWSWIRE) -- Greystone, a leading commercial real estate lending, investment and advisory company, announced that it has expanded its full-service multifamily investment sales and advisory capabilities in Texas with the addition of an experienced Dallas-based team led by Todd Franks. Operating as the joint venture Greystone Investment Sales Group, the team includes 12 advisors with extensive experience in multifamily, single-family rental portfolios, seniors housing, student housing, and land sales transactions. The team will leverage a powerful combination of Greystone’s comprehensive financial platform and Greystone Investment Sales Group’s multifamily sales expertise.
Recently recognized as a D Magazine “Power Broker,” Mr. Franks has built an active and respected advisory group in Dallas. He previously founded the Dallas-based SVN | Investment Sales Group operation, ranking in the Top 5 of the company’s advisors globally in 2015, with that office location recognized as the #1 in the Southwest Region in 2015, 2016, and 2017. Prior to that, Mr. Franks represented The Cantrell Company and was recognized as an all-time top producer. Mr. Franks and his team have driven over $1.4 billion in sales transactions.
“With the niche we have built based on submarket knowledge and off-market intelligence, adding Greystone’s unmatched suite of lending platforms makes our advisory offering incomparable in the Texas market and beyond,” said Mr. Franks.
“Expanding across Texas into Dallas / Fort Worth fulfills a major strategic priority for us in teaming up with the very best in the Southwest to complement our growing national platform of multifamily advisors,” said Jim McDevitt, President, Greystone Real Estate Advisors. “Todd has proven he is a leader in the market, and we are thrilled to have him and his team on board.”
In 2018, Greystone welcomed the National Apartment Advisors team in Houston to its sales advisory network.
Greystone is a real estate lending, investment and advisory company headquartered in New York. Its Multifamily Real Estate Advisors team provides services in sales, acquisitions, and a full spectrum of advisory services including debt, equity, acquisition, and investment sales to multifamily owners and investors of affordable and market rate housing. For more information, visit www.greycoadvisors.com.