George Smith Partners maintains relationships with hundreds of equity investors, suitable for a broad variety of transactions and relationships. We typically source transactional equity for specific real estate projects, but also raise capital for discretionary funds.
Most of our sources are “institutional”, and prefer large, passive investments. These investors limit their project involvement to asset management and oversight. However, we also maintain contact with small, opportunistic investors that will consider smaller deals and active participation. They usually have development and management expertise in addition to capital, and therefore seek to maximize their returns by deploying both capabilities. Only rarely will GSP “syndicate” equity for a project among a handful of high net worth investors.
Our value proposition extends deep into negotiations and structuring. In this arena, our services include modeling of equity investments and determining investor IRRs based on various waterfall scenarios. With years of practice and billions placed, our staff has the expertise to deftly structure, negotiate, and surface potential risks. We endeavor to set up strong long term relationships that are successful for both sponsor and investor.
For more information on equity sources, including Life Companies, Pension and Endowment Funds, and Private Equity and Hedge Funds, please see the links on the right side of this page.