Commercial real estate company Greystone has announced the addition of Gary Stellato and Peter Fogarty to its commercial team.

Stellato will take on the role of managing director and counsel, and Fogarty will serve as director of Greystone’s commercial origination platform, which is on track to close over $1 billion of structured loans this year, according to the company.

“In 2021, Greystone launched a commercial mortgage business that is a leading provider of structured finance solutions for our institutional clients, including REITs, pension funds, and private equity,” said Scott Chisholm, head of multifamily and commercial business development at Greystone. “With the addition of Gary and Peter, Greystone’s commercial team brings together a formidable combination of institutional knowledge, relationships, and experience across the CRE capital markets including CMBS, as well as agency, HUD, and portfolio lending.”