Bryan’s updates

Shaffer Completes $4,270,000 Cash-Out Refinance Loan of a 122 Unit SRO Apartment

January 11, 2012

Transaction Description: $4,270,000 Cash-Out Refinance of a 122 Unit SRO Apartment Bryan Shaffer successfully placed the $4,270,000 refinance of a stabilized 122 Unit Single Resident Occupant (SRO) apartment building in the Central Business District of Los Angeles. The new financing allowed for a return of equity to the borrower. The 10-year term loan was priced at [...]

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Shaffer GSP completes $4,200,000 refinance and reposition loan for 196 unit apartment retail

January 11, 2012

Description: Bryan Shaffer successfully placed the $4,200,000 refinance of a 196 Unit Single Resident Occupant (SRO) apartment in the CBD of Los Angeles. The subject property offers ground floor street-front retail as part of the collateral. Built in 1900, the former hotel was acquired in late 2010 with institutional and private debt. The new owner is [...]

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Bryan Shaffer and Malcolm Davies join GSP to provide Commercial Loan Financing

June 15, 2011

George Smith Partners is pleased to announce two industry veterans, Bryan Shaffer and Malcolm Davies, have joined GSP as Senior Vice President and Vice President, respectively. “We are starting to see an increase in our business as the capital market recovers,” said David Rifkind, Principal and Managing Director of GSP. “New and returning investors are [...]

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