Greystone and Co. Inc

Commercial real estate finance is stuck in a half-century old mindset. We are changing that.

Founded 2015
1-15 employees
  • Real Estate & Property Management
  • Headquarters address
    152 W 57th Street, New York, New York

    We are

    a collective of software engineers, loan underwriters, and data scientists.

    We combine our expertise of developing modern apps and machine learning models with underwriting thousands of loan transactions in an effort to make commercial real estate finance smart, simple, transparent and accessible.

    • Smart because we leverage machine learning, large data and streaming APIs in order to arrive at pinpoint accurate property underwriting.

    • Simple because we've designed a user-centric, TurboTax like UI that guides clients through the loan process, step by step.

    • Accessible because we explain all of the loan options a client has, not just the ones that are most profitable to us.


    Greystone Stats

    Our team is situated within a large commercial real estate lender, Greystone. Here are some stats:

    • $10Bn loan originations per year
    • $26Bn loan servicing portfolio
    • 7,700 apartments under ownership and management
    • 4,000 skilled nursing beds
    • 20+ ground-up construction projects

    and our favorite stat:

    • ~50% annual profits to charity

    Our Mission

    Getting a CRE mortgage should be simple, efficient, transparent. By leveraging a large volume of property data, cloud infrastructure, predictive machine learning models, client-focused UX and elegant design, we will process greater loan volume at lower cost while providing the most seamless borrower experience.

    The problem

    • Credit decisions == (sentiment, experience, gut feeling) > data

    • Underwriting in tangled excel models which crash when you run out of RAM

    • A single loan package probably requires an entire tree of paper, #savetheforest

    • Fees & pricing are a tightly kept black box

    Our solution

    Instead of,

    • Gut-based credit decisions, we run regression models to test our assumptions.

    • Excel models, we build cloud-based applications that are far more scalable and can easily leverage external APIs.

    • 3-ringed binders and a ton of paper, we process loans online - like they should be.

    • Black box pricing, we are upfront with our fees and terms.

    We are bringing CRE lending into the 21st century. - We hope you'll consider joining the ride.

    Tech stack

    Javascript/React, Python/Django, Ruby/Rails, Node.js/Express, Jest, RSpec, Postgres, Redis, ElasticSearch, EC2, Heroku, Apex, Tensorflow, Sklearn

    Benefits

    Compensation and retirement

    401k

    Health and wellness

    Health insurance
    Dental insurance
    Vision insurance
    Life insurance
    Disability insurance

    Vacation and time off

    Paid time off
    Paid holidays
    Volunteer time off
    Maternity benefits
    Paternity benefits

    Personal development

    Tuition reimbursement
    Management training
    Conferences reimbursement

    Values and quality of life

    Accessible via public transportation
    Bike parking
    Employee groups and committees
    Snacks and beverages
    Catered lunches
    Company activities
    Games and recreation
    Greystone and Co. Inc - Our company is ranked #4 in Georgia for annual contributions to charity
    Greystone and Co. Inc - Company Photo
    Greystone and Co. Inc - Company Photo
    Greystone and Co. Inc - At a maple sugaring plant in New Hampshire (not sure how we got here)
    Greystone and Co. Inc - Bi-annual team vacation in New Hampshire
    Greystone and Co. Inc - Just another day in the lab
    Greystone and Co. Inc - That one happy hour where we all rode the mechanical bull...
    Greystone and Co. Inc - Skiing in Vermont
    Greystone and Co. Inc - Hourly Push Up Competition