AXCS Capital Announces Acquisition of George Smith Partners
Summary
LOS ANGELES--(BUSINESS WIRE)--AXCS Capital—a technology company redefining how capital advisory services are delivered in commercial real estate financing transactions—today announced that it has entered into a needle-moving agreement to acquire George Smith Partners, a leading, national provider of capital market advisory services to the commercial real estate industry. “ 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,” shared 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, 2022 for an undisclosed figure. 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,” said Steve Bram, Principal and Co-Founder of George Smith Partners. Our team’s established and diverse structuring expertise, vast lender relationships, and everyday real estate market experience have enabled us to customize financing for even the most complex loan request, earning the trust of the marketplace and becoming recognized as the best at what we do.” Celebrating nearly 35 years in business, George Smith Partners is a leading national provider of capital market advisory services to the commercial real estate industry.