HUD lender profile

Greystone Servicing Company LLC: HUD multifamily lending record

HUD insured 5 multifamily loans with Greystone Servicing Company as lender in FY2022-FY2026, for $181 million and 1,009 units. That is 0.3% of all HUD multifamily dollars in those years and #44 among lenders.

$181Mendorsed, FY2022-FY2026
5loans, FY2022-FY2026
$8.9Mmedian loan size
625active HUD apartment loans it services

What the numbers say

In FY2026 it closed 1 HUD loan for $8.9 million, up 67% from FY2025 and ranking #50 among HUD multifamily lenders that year.

Its HUD book is concentrated: 223(f) made up 100% of its dollars over five years.

It lent in 4 states; Oregon was the largest at 59% of dollars.

Its median loan was $8.9 million, below the $14.3 million median for all HUD multifamily endorsements in the same years.

On 223(f) loans, the median time from firm commitment to initial endorsement was 91 days (5 loans), against 87 days for all lenders.

HUD volume by fiscal year

$0M$50M$100M$150M$200M'17'18'19'20'21'22'23'25'26
  • 223(f)
  • New construction / sub rehab
  • Other programs
Mortgage dollars at initial endorsement, FY2017 to FY2026. Table below.
Greystone Servicing Company LLC, initial endorsements by fiscal year
FYLoansDollarsUnits223(f)NC/SROtherRank
FY2026 1 $8.9M 150 1 0 0 #50
FY2025 1 $5.4M 80 1 0 0 #53
FY2023 1 $64.5M 249 1 0 0 #34
FY2022 2 $102M 530 2 0 0 #32
FY2021 2 $57.0M 354 2 0 0 #44
FY2020 6 $174M 1,257 2 3 1 #26
FY2019 7 $174M 1,283 1 6 0 #22
FY2018 10 $175M 1,704 2 8 0 #19
FY2017 4 $97.4M 722 1 3 0 #30
Since FY2001608$4.58B84,902

Program columns count loans. Rank is by dollars among all HUD multifamily lenders that fiscal year.

Program mix, FY2022-FY2026

By HUD program category
ProgramLoansDollarsMedian loanAll lenders' median
223(f) purchase or refinance5$181M$8.9M$13.5M

Where it lends

Top states, FY2022-FY2026
StateLoansDollars
Oregon2$106M
Louisiana1$5.4M
New York1$64.5M
Nevada1$4.7M

Firm commitment to closing

Days from the firm commitment date HUD records to initial endorsement, for this lender's FY2022-FY2026 loans. This is the last stretch of a HUD deal, after underwriting is done; it is not the whole timeline from application.

All its loans with both dates (5)
91 days median
Middle half of its loans
62-153 days
223(f) (5 loans)
91 days
All lenders, FHA programs, FY2022-FY2026
91 days

Most recent HUD endorsements

Latest 12 loans with Greystone Servicing Company as lender at initial endorsement
EndorsedPropertyCityProgramLoanUnits
2025-12-05 Kirkland Union Manor I · OR Portland 223(f) $8.9M 150
2025-05-19 Misty Hollow Apartments · LA Rapides Parish 223(f) $5.4M 80
2023-02-28 St. Margaret's House · NY New York 223(f) $64.5M 249
2022-04-27 200 Center Street Apartments · NV Reno 223(f) $4.7M 24
2021-12-16 Deveraux Glen Apartments · OR Portland 223(f) $97.2M 506
2021-09-28 Bridges at Victorian Square · NV Sparks 223(f) $43.3M 194
2021-01-28 Morrell Park Apartments · NV Henderson 223(f) $13.7M 160
2020-09-30 Mesquite Bluffs Apartments · NV Mesquite 223(f) $10.6M 176
2020-09-30 Canyon Walk Apartment Homes · AZ Bullhead City 223(f) $10.0M 156
2020-07-29 Marlowe Place (fka Yards at Arrowood Station) · NC Charlotte NC/SR $34.7M 245
2020-06-04 Council Towers Senior Apartment Homes · FL Miami Beach NC/SR $30.0M 250
2020-02-26 Cadence Apartments · CA Hayward 223(a)(7) $51.3M 206

Largest loans, FY2022-FY2026

Largest 5 by mortgage amount at endorsement
PropertyCityProgramLoanEndorsed
Deveraux Glen Apartments · OR Portland 223(f) $97.2M 2021-12-16
St. Margaret's House · NY New York 223(f) $64.5M 2023-02-28
Kirkland Union Manor I · OR Portland 223(f) $8.9M 2025-12-05
Misty Hollow Apartments · LA Rapides Parish 223(f) $5.4M 2025-05-19
200 Center Street Apartments · NV Reno 223(f) $4.7M 2022-04-27

Its HUD servicing book today

HUD's active insured mortgage file (as of September 30, 2026) lists Greystone Servicing Company LLC as servicer on 625 apartment loans with $11.25 billion of balance and 108,095 units. The median note rate on that book is 3.20%. 448 of the loans carry a rate under 4%. 4 mature within five years. HUD lists the same name as holder of 71 loans.

223(f)
414 loans
223(a)(7)
127 loans
221(d)(4)
80 loans
Other
3 loans
241(a)
1 loans

Largest servicing states: Texas (121), Florida (53), Michigan (37), California (34), New York (31), Virginia (27).

Other names in HUD's endorsement data that begin the same way (HUD files them separately, and we do not combine them): Greystone Bank; Greystone Funding Company LLC.

Compare it with the rest of the market in the HUD lender league table, see what recent loans closed at on HUD rates, or read how the 223(f) and 221(d)(4) programs work.

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