Bridge Financing At Aggressive Pricing

GSP is working with an aggressive balance sheet bridge lender on loans from $10,000,000 to $40,000,000 for multifamily and commercial property throughout the U.S.  Leverage for multifamily goes up to 80% LTV and pricing starts at LIBOR plus 3.65% for loans sizing to a 6.5% debt yield going in.  Commercial properties will be leveraged up to 75% LTC.  Terms will be interest only for up to 5 years.  The lender’s core employees have been financing bridge debt since 2003.  Their nuanced expertise allows them to close as fast as 21 days from signed application.