Greystone CMBS loans: recent loans, sizes and rates

What Greystone's CMBS lending looks like

• Smaller loans than the market: a median of $9.6M against $15M market-wide, which puts it among the lenders more likely to look at a loan under $10 million.
• Rates in line with the market once property type is accounted for: across the type where it made at least five loans, its median note rate was within 7 basis points of the market median for the same type, on a loan-weighted basis.
• Every loan was interest-only for its full term, against 87% of loans market-wide.
• Concentrated in multifamily: 67% of its loans.
• Geographically concentrated: 33% of its loans were on property in NY.

Greystone against the CMBS market

Measure	Greystone	CMBS market
Median loan	$9.6M	$15M
Median note rate	6.51%	6.40%
Middle half of rates	6.34% to 6.86%
Median loan-to-value	65.5%	63.9%
Median debt service coverage	1.37x	1.47x
Median debt yield	9.4%	10.1%
Interest-only for the full term	100%	87%
Five-year term	71%	79%
Ten-year term	29%	21%

Greystone: its loans in the 24 months to October 19, 2026. Market: every loan securitized in the 12 months to October 19, 2026 except co-op housing (958 loans). Loan-to-value, coverage and debt yield are at securitization and use whole loans only, since a split note holds only part of the debt. See DSCR and debt yield.

Property types Greystone financed

Property type	Loans	Volume	Median rate	Market, same type
Multifamily	16	$258M	6.42%	6.35% (+7 bp)
Self-storage	4	$22.6M
Hotel	1	$34M
Mixed use	1	$14M
Mobile home park	1	$10.6M
Office	1	$29M

Median rates shown where Greystone made at least five loans of the type. Market medians are for the 12 months to October 19, 2026.

Loan sizes and terms

Smallest loan $2.4M, largest $70.8M. 100% were interest-only for the whole term. What those terms mean for a borrower: CMBS loan terms and interest-only CMBS loans.

Where Greystone lends

Most frequent states for its loans in the 24 months to October 19, 2026:

• NY 8
• TX 6
• IN 2
• PA 1
• ID 1
• NJ 1
• WI 1
• SC 1
• OH 1
• IL 1

Portfolio loans count once, at the state of the largest property. CMBS loans by state.

Greystone loans securitized each quarter

Quarter ending	Loans	Chart
Jan 20, 2025	7
Apr 21, 2025	4
Jul 21, 2025	3
Oct 20, 2025	7
Jan 19, 2026	2
Apr 20, 2026	0
Jul 20, 2026	0
Oct 19, 2026	1

Eight 91-day periods ending October 19, 2026, by origination date. Loans reach the filings when their trust prices, so the latest quarter fills in over the following months.

How Greystone appears in the SEC filings

Trusts name the originator in their own words. These are the versions of the name on Greystone loans in the 24 months to October 19, 2026, with the number of notes filed under each, including loans made jointly with other lenders. 11 trusts hold these loans; the most were in BMO 2025-C13 Mortgage Trust (4).

• Greystone Select Company II LLC 24
• Starwood Mortgage Capital LLC, Greystone Select Company II LLC 1

Greystone's own website: greystone.com. Lender programs, contacts and terms are theirs to state; this page reports only what the filings show.

Getting a CMBS loan like these

Janover Capital LLC is a commercial mortgage advisor, not a lender, and has no affiliation with Greystone. Nothing here means Greystone will make a particular loan or offer a particular rate. What the filings do show is the kind of loan it has been closing. If your property and loan size look like the ones above, send the deal and we will place it with conduit lenders whose recent loans fit, which may or may not include Greystone. Before you do, read CMBS loan requirements and the document checklist.

Similar CMBS lenders

Closest in property mix:

• MF1 Capital: 14 loans, median $42.1M at 5.71%
• AxLender: 25 loans, median $9.6M at 6.51%
• Natixis: 34 loans, median $17.9M at 6.29%
• Societe Generale: 21 loans, median $13.4M at 6.46%

All CMBS lenders, ranked · CMBS loan rates · Methodology

Questions people ask

How big are Greystone's CMBS loans?

In the 24 months to October 19, 2026, Greystone securitized loans from $2.4M to $70.8M, with a median of $9.6M. 50% were under $10 million. A loan split into notes across trusts counts once, at its full amount.

What interest rate does Greystone charge on a CMBS loan?

Its loans in the 24 months to October 19, 2026 carried a median note rate of 6.51%, with the middle half between 6.34% and 6.86%. Those are rates at closing as filed with the SEC, not a quote: a new loan is priced off today's Treasury yield and the property.

What properties does Greystone finance with CMBS loans?

Multifamily (16 loans), Self-storage (4 loans), Hotel (1 loan), Mixed use (1 loan), and others, in the 24 months to October 19, 2026. Its most frequent state was NY (8 loans).

Who services a Greystone CMBS loan?

Not the originator, usually. Once a loan is in a trust, the master servicer named in that trust's pooling and servicing agreement collects payments and handles routine requests, and the special servicer takes over if the loan gets into trouble. Look up a loan by property or trust to see both.