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Phoenix & Southwest  + Southwest  + Finance  | 

George Smith Partners Secures $63M in Financing for MXU Development in Colorado

Los Angeles-based George Smith Partners secured a $62.75 million non-recourse bridge loan for a 253-unit Class A, mixed-use development near Boulder, CO on behalf of Mass Equities, Inc. (MEQ). The financing will support the lease-up of the newly constructed project that includes a mix of studios, one- and two- bedroom multifamily units and ground-floor retail space.

George Smith Partners’ Malcolm Davies and Zachary Streit sourced the financing on behalf of Kennedy Wilson during the COVID pandemic. The loan is the first to close in Kennedy Wilson and Fairfax Financial Holdings recently launched $2 billion platform that pursues first mortgage loans.

Kennedy Wilson’s Matt Windisch says, “This loan exemplifies our investment strategy of providing capital to strong sponsors with well-built projects in our core markets. We have seen tremendous interest since launching the debt platform in May that has resulted in a significant pipeline of opportunities for us to consider.”

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
  • ◦Development
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