National Reposition Non-Recourse Bridge Program; $5,000,000 to $25,000,000

George Smith Partners is placing bridge loan requests below break-even coverage with a non-recourse capital provider on a national level. Funding from $5,000,000 to $25,000,000, pricing ranges from LIBOR + 450 to 550 for a three year term to 80% of total capitalization. Significant reposition construction, (excludes ground-up), tenant improvements and lease costs are funded on a non-recourse basis.