Mr. Shaffer is Principal/Managing Director of George Smith Partners where he focuses on delivering solutions to address his clients’ real estate capital requirements. Mr. Shaffer works hard to arrange structured financings for multifamily and commercial properties, including acquisition, refinance, construction, bridge and permanent loans. Mr. Shaffer has successfully structured both debt and equity placements for private entrepreneurs and institutional clients. He has been able to utilize his prior vast and diverse experiences in owning, operating, developing commercial real estate to help him succeed in capital raising for multi-family, affordable, office, retail, industrial, hospitality, data centers, healthcare/medical and senior facilities sectors to provide the best options and structure for his clients.
Los Angeles, California, March 20, 2021—Bryan Shaffer, Principal / Managing Director of George Smith Partners, who has been deeply involved in over $8.5 billion in real estate transactions, including the structuring or arranging over $3.5 billion of structured debt and equity placements and the repositioning and sale of $2 billion of properties has been accepted into Forbes Finance Council, an invitation-only community for executives in accounting, finance, wealth and asset management, and investment firms.
Bryan was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.
“We are honored to welcome Bryan Shaffer of George Smith Partners into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Finance Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.”
“For over 30 years, I have had the pleasure of teaming up with amazing real estate owners and developers to arrange and structure the debt and equity capital for their projects. I am excited to be invited into the Forbes Finance Council and know that my involvement will add value to my clients, as well as the larger communities of real estate owners. My participation will help my team and my company, George Smith Partners, further our leadership role in the commercial real estate industry.
Traditional equity capital is focused on the best sponsors, locations, and projects. But, much like EB5—which encourages non-U.S. citizens to invest in real estate in exchange in for a benefit of citizenship from the U.S. government—qualified opportunity zone investors will receive tax benefits for investing in qualified opportunity zones and qualified opportunity zone funds. We believe the investor will receive 200 to 400 basis points in tax benefits, so a developer will be able to obtain cheaper capital for projects located within a qualified opportunity zones.18 October 2019
Investors need to understand that there is inherent risk associated with investing in properties located in low-income areas, so regardless of the allure of opportunity zones and the tax benefits, the risks should be underwritten appropriately.3 August 2019