The FDIC announced Monday that it has begun a marketing process for the approximately $33 billion commercial real estate loan portfolio retained in receivership following the failure of Signature Bank in New York. To maximize preservation of availability and affordability of residential real property for low- and moderate-income individuals, the FDIC will place rent stabilized or rent controlled loans into one or more joint ventures with majority equity interest retained by the agency. The winning bidder(s) will act as managing member(s) responsible for management, servicing, and ultimate disposition of these loans while subject to stringent monitoring from FDIC. Marketing is expected to take three months with transactions completed by year-end 2023. Newmark has been appointed advisor on this sale.
Greystone Provides $91.9M in Fannie Mae Loans for New York Affordable Housing Refi and Acquisition
Greystone has originated $91,851,000 in Fannie Mae financing to support the refinance and acquisition of three affordable housing communities in
Steve Griffin
July 24, 2026
