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.
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