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Jeffrey Smith has used his financial expertise and real estate experience to guide the Kor Group to mounting profitability and recognition in the contemporary real estate development arena. Since joining forces with founder Brad Korzen in 1998, Smith has successfully grown the company's asset value to over $2 billion and maintained vigorous investment performance for its shareholders.
At the helm of Kor's financial activities, Smith directs analysis and execution of potential acquisitions and dispositions, refinance and debt evaluation, deal sourcing, and other asset management functions. In leading Kor's hotel and multi-family acquisition opportunities, Smith has successfully completed over $500 million of strategic acquisitions-including the financing and purchase of six hotels, Kor's international resorts, and thousands of multi-family units.
In addition to growing Kor's domestic hotel and residential portfolio, Smith has been particularly active in the strategic expansion of Kor's presence internationally-leading all current acquisition and resort development initiatives in Latin America and the Caribbean. Current asset locations include Anguilla (British West Indies), the Riviera Maya area and Zihuatanejo in Mexico; Buenos Aires; and Punta del Este (Uruguay); with projects totaling in excess of $1.5 billion in development costs.
Smith is also leading Kor's exploration of new markets overseas, namely Europe, the Middle East, and South Asia, in both urban and resort locations. He plays a key role in developing relationships with top-tier capital and development partners in these regions, and advancing the Viceroy and Tides brand platforms.
Prior to joining Kor, Smith worked as a Senior Analyst for eight years with the real estate consulting firm of Flavell, Tennenbaum & Edwards, where he focused on single-asset and portfolio real estate bankruptcy workouts and real estate litigation assignments.
Smith holds a B.S. in Finance from California State University, Northridge. | 