Bryan Shaffer, Principal/Managing Director of George Smith Partners was a guest on the Commercial Real Estate Pro Network podcast with Darrin Gross.
Click here to listen to the podcast or watch the YouTube video here.
The discussion covers capital market trends where the commercial real estate market is headed.
“Large commercial real estate projects come with tremendous risk. The borrower sees opportunity, while the lender sees the risk. If the lender does not feel comfortable with the borrower or the project, they will not finance the deal. An experienced finance professional has the needed relations with the various lending products. They can help the borrower explain their project to a prospective lender that will assure the lender of the projects upside, and set them at ease with the potential downside.”