George Smith Partners Arranges $82,000,000 in Financings in the Last 30 Days

We've had a busy last 30 days at George Smith Partners with over $82,000,000 in closings. These closings continue to price attractively with most interest rates in the 3.5% to 4.5% range, and many with fixed rate periods of at least 5 years. With cheap money still plentiful and many lenders offering year-end specials, now is a great time to get a deal done. I have one lender offering rates on 5 year fixed multifamily loans at 3.15% up to a 75% LTV! That's incredibly cheap and it won't last long. Call me today for more information on these or other financing requests.

Here are our closings in the last 30 days:

• $9,450,000 Ground-Up Condominium Construction Financing to 80% Cost at Libor + 3.15%
• $6,500,000 Senior and Stand-By Line of Credit for an Inland Empire Container Depot
• $16,800,000 Refinance Movie Theater Anchored Retail Center in a Tertiary Market to 65% LTV at Prime + 0.5%
• $2,100,000 Two Loan Multifamily Cash-Out Refinance at 3.5% and 4% Fixed for 5 Years
• $33,000,000 Nine-Building/Nine-Loan Multifamily Apartment Portfolio Cash-Out Refinance at 3.15% Fixed for 5 Years
• $8,100,000 Non-Recourse Permanent Financing for Secondary Market Shadow Anchored Retail with Rollover Risk at 4.54% Fixed for 10 Years
• $14,400,000 L+2.95% Acquisition and Reposition Financing for a Single-Tenant Office with Event Risk
• $6,798,000 Non-Recourse 80% Loan-to-Purchase Multifamily Acquisition Financing Fixed at 4.26% for 12 Years

Zachary D. Streit, J.D., M.S.

Vice President | George Smith Partners

[email protected] | Direct: 310-867-2936 | Mobile: 310-709-5320

BRE License No: 01905977

ABOUT GEORGE SMITH PARTNERS

Founded in Los Angeles, in 1992, George Smith Partners, Inc. (“GSP”) is a leading, national real estate investment banking firm. Our diverse and innovative structuring expertise, vast lender knowledge and relationships, and everyday market experience, enable us to customize financing for commercial property ranging from $3,000,000 to $350,000,000 including highly leveraged participating debt and joint venture equity.

10250 Constellation Boulevard, Suite 2700 | Los Angeles, CA 90067