Gary M. Tenzer

Gary M. Tenzer is a co-founding principal of George Smith Partners, Inc. in Los Angeles and has more than 38 years of experience in originating, structuring, underwriting and placing sophisticated real estate financing transactions. He has been personally involved in the placement of more than $10billion of real estate financing throughout the country in construction loans, permanent debt and joint-venture equity for residential, multifamily, retail, office, commercial, industrial, mixed-use, congregate care, hospitality, land development, large-scale community development and special-purpose properties with debt and equity financing as large as $240 million. Financing sources have included Wall Street conduits (CMBS), state and federally chartered commercial banks, insurance companies, pension funds, credit companies, hedge funds and opportunity funds, domestic and offshore equity funds, Fannie Mae, Freddie Mac and FHA/HUD. Mr. Tenzer also has had extensive experience as an expert witness and litigation consultant. He has been involved in more than 300 real estate litigation matters, representing both plaintiffs and defendants, and has testified over 100 times in state and federal courts at both jury and bench trials. In 2002, he was appointed the real estate financing advisor to a $2 billion Taft HartleyPension Fund. Mr. Tenzer has been a frequent lecturer at UCLA and the University of Southern California in their undergraduate and graduate real estate finance classes, and he annually serves as a mentorin USC’s Master of Real Estate Development program. He serves on the advisory board for the UCLAZiman Center for Real Estate, is licensed as a California real estate broker, and is a member of the UrbanLand Institute and the Real Estate Cabinet of the Jewish Federation of Los Angeles. Mr. Tenzer received his A.B. in economics in 1976 from the University of California at Berkeley, and his M.B.A. in 1978 andM.S.B.A. in 1979 from the University of Southern California.