Skip to main content

Scott Kavel to Lead Senior Housing Initiatives for Greystone

Jan 09, 2013

Greystone has announced that Scott Kavel has joined the firm’s senior housing group as managing director. Based in Atlanta, the senior housing group seeks to arrange debt and equity for borrowers across the United States, working with agency partners such as Fannie Mae and FHA, along with offering its own capital for bridge and mezzanine loans. Kavel brings more than 20 years of experience to Greystone and has arranged approximately $5 billion in seniors housing finance throughout his distinguished career. As managing director, Kavel will work closely with the current team to develop and expand their client relationships, as well as originate new seniors housing business. He will report to Joe Mosley, executive managing director of Greystone Servicing Corporation. “The entrepreneurial environment at Greystone combined with the ability to sprinkle in our own equity on select seniors housing transactions puts us in a unique position to add value and provide solutions for our growing list of seniors housing clients," said Kavel. "One of the first transactions I’ve worked on involves administering and participating in a mezzanine program for the construction of five assisted living and Alzheimer care communities a year, for the next five years, with a highly regarded regional operator. The first two projects are in process and scheduled to close in early 2013. Greystone is perfectly positioned as a private non-bank owned company to allow me to offer my clients creative structuring options and superior execution.”
About the author
Published
Jan 09, 2013
More from
Reverse
CFPB Issues Warnings On Reverse Mortgage Marketing

Says it is working with state regulators to ensure fairness in advertising and teach consumers where to go for help.

Aug 15, 2023
Movement Mortgage Expands Into Reverse Mortgage

South Carolina mortgage company hires industry vet to run the operation

Aug 02, 2023
PHH Mortgage Signs Subservicing Deal With Finance of America Reverse

PHH, a subsidiary of Ocwen Financial, says deal offers opportunity to grow its reverse subservicing portfolio.

May 05, 2023
Judge Approves Liquidation Plan For RMIT

Decision OK'd after one-day delay for reverse mortgage lender to provide additional funding information.

May 01, 2023
MISMO Recruiting For New Reverse Mortgage Group

The development work group will analyze and develop standards for reverse mortgages.

Apr 28, 2023
Objections Raised To RMIT Chapter 11 Liquidation Plan

Lack of funds, plan to cease loan servicing among issues cited.

Apr 24, 2023