Direct Balance Sheet Lender For Value-add and Opportunistic Deals Nationwide

GSP is originating debt with a direct balance sheet lender that services their own loans for transactions from $3,000,000 to $60,000,000.  Institutional Loans start at $10,000,000 with pricing starting at LIBOR plus 375 with leverage up to 80-85% of “as-is” value or 70-75% of “as-stabilized” value.  Short-term bridge loans start at $3,000,000 and offer fast closing and structured solutions with pricing starting at LIBOR plus 675 with leverage up to 70%.  Medium-term whole loans start at $7,500,000 at LIBOR plus 400 with leverage up to 75% “as-stabilized” or 80% LTC of total project costs.  The lender is open to transactions in secondary markets and financing owner operated buildings.