Commercial real estate investment banking firm George Smith Partners Inc. (GSP) has created a lender services group. The new group's aim is to effectively market and sell lenders' assets in an accelerated format while focusing on the highest recovery for the lending institution.
The group utilizes strategically appropriate disposition efforts, according to GSP. In specific circumstances where lenders require timely access to capital, the new group will have the capability to evaluate assets tapped for disposition and to either choose from a select list of potential bidders to help facilitate discreet, quick sale of one or more assets or to utilize a broad-based bid program.
The lender services group is headed by Craig Hamilton, senior vice president; principals Scott Bottles, David Rifkind, Gary E. Mozer, Steve Bram and Gary M. Tenzer; and Andrew Levant, senior vice president.
Source: George Smith Partners