Greystone, a real estate lending, investment and advisory company, has hired Marc Zimmet as a managing director in the Healthcare lending group, the company announced
Zimmet is the founder of Zimmet Healthcare Services Group (ZHSG), LLC, a leading reimbursement-compliance and market intelligence consultancy serving the post-acute care industry.
In his new role, Zimmet will provide specialized advisory services to Greystone clients, while also creating new lending and development opportunities for ZHSG’s diverse client base. Zimmet will remain CEO of Zimmet Healthcare and its related ancillary companies.
“When considering a provider’s entire portfolio, assessing the full spectrum of financial risks and opportunities is critical, especially as investors enter new markets,” Zimmet said in a release.“Healthcare is a local business; complex regulatory/reimbursement changes and rapidly evolving market dynamics threaten provider viability and exacerbate the financing burden.”
“Our goal is to create efficiencies in both operations and debt service, while helping operators unlock the full potential of their investments. I am thrilled to combine the resources of my firm with the Greystone team at such an integral juncture in healthcare. This relationship will resonate throughout the industry as providers position themselves for regulatory and market reform,” Zimmet added.
In 2017, Greystone originated more than $1 billion in healthcare loans, primarily utilizing the Federal Housing Agency (FHA) and bridge lending platforms. Greystone’s expertise in the healthcare sector includes HUD-insured loans, bridge and mezzanine loans, preferred equity, sale leaseback, agency financing, and comprehensive underwriting capabilities serving some of the largest skilled nursing providers in the U.S.
“Combining Marc’s and his team’s broad strategic expertise in healthcare revenue cycle and market strategy with Greystone’s industry-leading lending services will create an unmatched offering for healthcare providers, and we are truly thrilled to have him on board,” said Mordecai Rosenberg, head of Greystone’s FHA lending group. “As Greystone continues to invest in providing the best resources, analytics and offerings to clients, we want to be known as an irreplaceable partner – the only partner to consider for success.”