George Smith Partners identified a private REIT funding ground-up senior and mezzanine construction as well has bridge debt from $2,000,000 to $15,000,000 for in-fill residential condo reposition or development. Estate home “fix & flip” product is also available for investors. Geographic targets are western and north-eastern states. Sized to 80% of cost; pricing ranges from 6% to 9% based on leverage.