The acquisition of Clearwater Capital Management strategically complements our mission to broaden our capabilities and deepen our market penetration in commercial real estate finance, Justin Piasecki, president of George Smith, said in a statement.
Seabolt said Clearwater had $1 billion of financing requests last year for C-PACE deals. Seabolt and William Burns, managing director at Clearwater, will join George Smith Partners and work out of the firm's New York office.
#commercial-property-assessed-clean-energy #real-estate-finance #acquisition #market-penetration #c-pace-financing
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