AXCS Capital has acquired George Smith Partners, a leading, national provider of capital market advisory services to the commercial real estate industry. The acquisition advances AXCS Capital’s vision of digitizing the capital markets arena.
“The team at George Smith Partners are some of the most trusted real estate financing advisors in North America with nearly 35 years of experience executing innovative structured financing deals,” said John Day, CEO and co-founder of AXCS Capital. “We’re thrilled to join forces, combining their unmatched expertise with our vision to redefine how capital market advisory services are delivered to our clients, as we help drive the next phase of CRE capital markets via technological innovation.”
The acquisition officially closed June 10 for an undisclosed figure. Both companies are headquartered in Los Angeles.
“We’ve experienced tremendous growth over the course of the past 35 years,” said Steve Bram, principal and co-founder of George Smith Partners. “The next 35 years will be transformative for our business, and we look forward to moving the industry into a tech-driven future with AXCS Capital.”
George Smith Partners specializes in arranging financing for commercial and multifamily properties, including acquisition, construction, bridge and permanent loans, as well as mezzanine loans, highly leveraged participating loans and joint venture equity. The company arranged more than $3.5 billion in structured capital transactions in 2021 and $65 billion in financing since its inception.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).