GSP Sees Dramatic Deal Volume Increase

LOS ANGELES-Commercial real estate investment banking firm George Smith Partners has revealed that deal flow has grown rapidly in the third quarter of the year. “During the third quarter, George Smith Partners has increased the number of commercial real estate financing transactions the firm is bringing to successful closings by more than 400% over the prior year for the same period,” notes David Rifkind, managing director of George Smith Partners. 

He points out that “It is simply not possible to ignore this kind of uptick in the level of activity.” The firm has recently completed deals in the multifamily, industrial, and retail arenas, in geographies including Los Angeles, Scottsdale, Atlanta, San Diego, and Las Vegas. George Smith Partners recent activity includes CMBS, mezzanine debt, bridge loans, equity and two construction loans. Capital sources include life companies, private equity, US Housing Agencies and regional and national banks.