Non-Life Forward Rate Lock Nationally From $1,000,000

As CMBS markets gel, Sponsors are seeking alternatives to the potential of future volatility as Wall Street prepares for Dodd Frank regulations to become effective later this year. GSP is placing fixed rate debt on stabilized assets with a non-Life Insurance portfolio provider funding forward rate locks to 12 months for loans from $1,000,000 to $10,000,000. Multifamily and multi-tenant commercial assets in major metro-markets are leveraged to 70% of appraised value for loan terms to 15 years, amortized over a 30 year schedule. Flexible step-down prepayment options may be structured to match a borrower’s investment strategy. A 2% refundable deposit is required for locks in excess of 60 days as is a small spread-premium based on loan and lock terms.