Greystone appoints new CEO, announces plans for expansion

Commercial real estate leader Greystone has appointed Hazife Gaye Erkan (pictured) as chief executive officer, effective immediately. She assumes the role from founder Steve Rosenberg, who will continue to serve the company as the executive chairman of the board.

Prior to joining Greystone, Erkan was co-CEO, president, and board member at First Republic Bank, helping drive growth in wealth management, deposits, and total assets. She also served as the head of financial institutions group analytics and strategies at Goldman Sachs, advising the boards and executive management teams of various financial institutions.

Erkan will be reporting to Rosenberg, collaborating closely to execute the next phase of Greystone’s expansion. The first part of this vision involves accelerating the firm’s core commercial and multifamily real estate lending and capital markets business, which includes continued commitment to a joint venture with Cushman & Wakefield. They will then focus on expanding into new financial service sectors such as private wealth management and real estate and fintech fund management, along with exploring opportunities in private banking and residential mortgage lending.