GEORGE SMITH PARTNERS SECURES MORE THAN $22.8 MILLION IN FINANCING FOR TWO SALT LAKE CITY PROPERTIES

LOS ANGELES, CA – April 17, 2012 – (RealEstateRama) — Commercial real estate investment banking firm George Smith Partners has successfully arranged a total of $22.8 million in financing for Doerken Properties Inc.(DPI) for two Salt Lake City properties owned by affiliates of the company, according to Principal and Managing Director, Gary E. Mozer and Vice President, Josh Roseman. The GSP team arranged financing for two properties, including a $15.3 million bridge loan on a Class B office building as well as the $7.5 million refinance of a retail property.


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