Alexander Rossinsky News Today

LOS ANGELES, CA - Malcolm Davies and Zack Streit of The Davies Group at Los Angeles-based George Smith Partners, a premier commercial real estate capital advisory firm, arranged $53.7 million in non-recourse bridge financing for a six-property portfolio comprising three conventional multifamily properties and three co-living properties in Los Angeles. The financing was arranged on behalf of New York and Los Angeles-based Six Peak Capital and provided by MF1, which is a partnership between...

LOS ANGELES, CA - Malcolm Davies and Zack Streit of The Davies Group at Los Angeles-based George Smith Partners, a premier commercial real estate capital advisory firm, arranged $42.5 million in construction financing for the conversion of a 496-key hotel to a market-rate multifamily complex in Southeast Colorado Springs. The financing was arranged on behalf of Shir Capital and the ValCap Group and provided by Parkview Financial. “We were particularly attracted to the Colorado Springs...

SAN DIEGO, CA - The Davies Group at Los Angeles-based George Smith Partners, a leading commercial real estate capital markets advisor, secured $56.5 million of construction financing on behalf of Zephyr Partners for its project comprising 55,000 square feet of office space, 9,000 square feet of retail/food and beverage space and 25 apartment units at an infill location near the San Diego coast. Located one block from the beach and the Cedros Design District and proximate to the Solana Beach tra...