GSP's Mortgage Banking Platform: Matt Fisher on Life Companies and the Alison Company Acquisition

Matthew Fisher, Head of Mortgage Banking at George Smith Partners, joins Evan Kinne and David Pascale on The Landscape to walk through what life company lending actually is, why it is winning share in today's market, and what GSP's acquisition of the 92-year-old Alison Company means for sponsors. In this conversation: Default rates across the lending spectrum: CMBS at 5.5%, banks at 1.5%, life companies at 0.5% How life companies create liquidity and why most sponsors cannot access them directly The $1.5 billion servicing portfolio behind GSP's mortgage banking platform Why rate is locked at app signing with no margin call through close Real deal examples, including a stabilized multifamily quote at sub-6% with full-term interest only and non-recourse Property types life companies will actually do (yes, including marinas and theme parks) What sponsors should know before approaching a life company for the first time Subscribe to FINfacts at gspartners.com for weekly capital markets commentary 🎧