SMITH EQUITIES CORPORATION (SEC) forms Mortgage Brokerage Division.
Smith Equities Corporation (SEC), which specializes in the sale of apartment
complexes throughout the state of Florida, has formed a mortgage brokerage
division. Paul M. Guyet of Longwood, Florida is esponsible for the mortgage
activities. " With interest rates as low as they currently
are and the increases in prices during the past few years we wanted
to be in a position to provide our customers with a full line of financial
services, not just the option of selling their properties"
said Robert E. Smith, CCIM, president of SEC, when he announced the
formation of this new department earlier this year. Both buyers and
commercial sales brokers can take advantage of this mortgage brokerage
operation and SEC's very extensive apartment data base since this division
will be separate from the commercial real estate sales operations.
About Paul
Paul Guyet is a Graduate of Holy Cross College located in Worcester,
Massachusetts where he earned a Bachelor of Science in History (1962).
Mr. Guyet, who is a recent transplant from New York City, brings over
twenty-five years of commercial real estate experience to SEC. His diligence
and ability to keep negotiations focused on his customer's needs have
enabled him to personally assist property owners in selling or financing
over $300,000,000 worth of commercial real estate. "With the acceptance
of mortgage backed securities as a viable form of funding for the commercial
mortgage market there is an abundance of capital available for real
estate investments." said Mr. Guyet. He also states "This
new and steady flow of cash has forced lenders to become very competitive
which, in turn, has helped to push interest rates down to the point
where we now have a very positive and productive lending climate.
Mortgage Brokerage Operations:
SEC arranges financing for all types of commercial properties focusing
on apartment complexes, and has the most comprehensive data base of
apartment properties in the state Owners, prospective purchasers and
other brokers can take advantage of these state of the art financing
tools by calling Mr. Paul Guyet at SEC. He can be reached at (407) 422-0704
x105 or e-mail at [email protected].
