National Bridge Program from $5,000,000

GSP is funding reposition transactions for a nationwide debt fund for all commercial uses including hospitality and healthcare to 80% of total capitalization. Non-recourse requests are considered sub-1.0 coverage although some cash flow is expected at funding. Major overhaul construction is managed through an in-house funds control; interest is only paid on dispersed funds, there is no neg-arbitrage. Priced from the mid-4s to mid5s, origination/exit fees are 1 in and ½ out.