Greystone Taps Hafize Gaye Erkan as New CEO

Greystone has tapped Hafize Gaye Erkan as its next CEO.

While her executive responsibilities will not begin until September, Erkan’s appointment is effective immediately, according to a news release. Erkan is expected to report to former CEO Steve Rosenberg, who will serve as executive chairman of the board.

Rosenberg founded the private commercial real estate finance and investment company in 1988. In 2021, Greystone is the leading Federal Housing Administration-insured health care loan lender; the firm has originated more than $3 billion in senior housing and health care financing in 2020.

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Prior to joining Greystone Erkan served as co-CEO, president and board member at First Republic Bank (NYSE: FRC) and head of financial institutions group analytics and strategies for Goldman Sachs.

“I am honored to become CEO at this exciting moment in Greystone’s history and to serve our clients, partners, and dedicated colleagues. I look forward to utilizing my expertise in banking and wealth management to expand Greystone into new areas of financial services and build on the Company’s strong foundation in real estate finance,” Erkan said in the release.

As part of Erkan’s appointment she and Rosenberg will partner to accelerate Greystone’s core commercial and multifamily real estate lending and markets business, specifically through its strategic joint venture with global commercial real estate services firm Cushman & Wakefield.

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The two also have plans to develop the business into other financial services opportunities — such as expanded lending products and private wealth management, among others.

“I am thrilled to welcome Gaye to our firm to drive the next generation of investment and innovation as we pursue strategic growth opportunities, both organically and through acquisitions,” Rosenberg said in the release.

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