Los Angeles, CA, (July 12, 2012) – Commercial real estate investment banking firm George Smith Partners has closed five transactions on behalf of its clients, totaling $25.537 million.
“Financing is back,” said Gary Tenzer (top right photo), Principal and Managing Director of George Smith Partners. “The market has made significant progress in 2012, and lenders are now competing for loans. We anticipate that we will continue to see this positive trend throughout the remainder of the year.”
Tenzer notes that George Smith Partners has also seen a healthy increase in its business over the last quarter.
“Our clients continue to take advantage of record interest rates, and we now have more opportunities to utilize our expertise and industry connections to achieve the best financing possible for their properties,” noted Tenzer.