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National Bridge Debt up to 85% Loan-to-Cost

George Smith Partners is placing non-recourse bridge transactions from $5,000,000 to $25,000,000 to 85% of cost on a national level. With an open prepay and future funding of good news proceeds, pricing starts at 4.75% over LIBOR plus one point origination and ½ point exit. Targeted asset classes include core products, hospitality, entitled land, and vacant buildings.