TIFFANY RUFRANO APPOINTED DIRECTOR OF ASSET MANAGEMENT FOR GREYSTONE DEVELOPMENT

MAY 24, 2017 — Greystone Development, a New York-based real estate development company, announced the appointment of Tiffany Rufrano as Director of Asset Management. Ms. Rufrano brings over a decade of commercial asset experience from her prior positions at Paramount Group, J.P. Morgan and Clarion Partners. In this newly created role at Greystone, Ms. Rufrano will manage the company’s growing portfolio of nationally-based multifamily and mixed-use properties, including current holdings in New York City, Miami, and Palo Alto.

At Paramount Group, Ms. Rufrano served as a Vice President of Asset Management, responsible for 11 million square feet of property across New York, Washington, D.C., and San Francisco. She also handled debt financing for Paramount’s commercial assets in these regions. Prior to Paramount, she was a Vice President in J.P. Morgan’s Global Real Assets group, where she managed a 10 million square foot / $5 billion portfolio of office assets in New York and Boston. She also served a role in J.P. Morgan’s Real Estate and Lodging Investment Banking Group, primarily focused on raising debt and equity for publicly traded REITs.

Ms. Rufrano began her career at Clarion Partners where she handled acquisitions, asset management and investor relations, in addition to involvement in managing dispositions, lease negotiations, development and capital raising. She received an MBA from New York University’s Stern School of Business, and a Bachelor’s degree in Finance with a specialization in Real Estate from the University of Texas at Austin.

“Greystone’s development portfolio is both dynamic and diverse, and offers an inviting challenge to help grow and manage where the company is headed,” said Ms. Rufrano. “With the wealth of resources and industry knowledge available at Greystone, I look forward to serving an integral role in steering the property portfolio towards growth and success.”

“Tiffany brings some serious commercial asset management chops to Greystone, as well as a diverse background in debt and investment banking,” said Jeff Simpson, head of Greystone Development. “As we assess where the market is headed, and look to align our portfolio strategy accordingly, we need someone of Tiffany’s caliber to optimize our assets. This is an exciting new addition to our growing team.”