GSP identified an institutional capital provider that is offering additional Borrower optionality on their Bridge and CMBS platforms. On the CMBS front the lender is providing an option to fix the rate at application. The 5, 7 and 10 year terms are priced between 3.75% and 5.00% depending on duration, as well as full term interest only for lower leverage deals. Amortization is either 25 or 30 based on product type and location. The rate lock at application is good for 60 days. On the Bridge platform the same lender is offering 1-2 year term loans priced at L + 250 -450 with open pre-pay on Day 1. The loans are Interest Only and up to 75% leverage. Both programs are focused on retail, office, hotel, multi-family and self-storage.