About 30 years ago, as a well-known real estate finance expert, George Smith was asked by an at-torney to serve as an expert witness in a real estate litigation; this lead to several more assignments in the next few years. George didn’t enjoy doing expert work and asked his young associate and fu-ture co-founder of GSP, Gary Tenzer, to help him prepare for his testimony. Over time, George de-cided not to take any new assignments and turned them all over to Gary. Gary enjoys arranging financing for his clients; but, unlike George, he also enjoys the intellectual challenge and pressures of being an expert witness in complex commercial real estate related litiga-tion matters. Over the past 25 years, Gary Tenzer has developed a national reputation as an expert witness in real estate finance litigation.
Gary has served as an expert witness in over 300 litigation matters and testified in over 100 trials in both Federal and State courts, nationwide. He has worked as an expert with some of the most well-known law firms in the country and with some very major litigations including serving as the interest rate expert on behalf of General Growth Properties (“GGP”) in their multi-property bankruptcy in 2009, reportedly the largest real estate Chapter 11 in history. Other well-known litigation clients have included Carmel Partners, Hard Rock Hotels, Simon Property Company and financial institutions such as J. P. Morgan, US Bancorp and Wells Fargo Bank. In addition to bankruptcy testimony, Tenzer has testified on disputes between borrowers and lenders, buyers and sellers, principals and investors, financial feasibility as well as a myriad of other real estate transactional and finance issues.
In future editions of “Finfacts”, we will include some feature articles from Gary sharing his insights into real estate litigation, from a non-lawyer’s point of view.
For further information about Gary Tenzer’s expert witness practice and to review his Curriculum Vitae, click here.
