Non-Recourse 80% LTC Loans with Lower Cost of Blended Capital

George Smith Partners is placing acquisition debt with a leading middle market investment platform that uses technology to efficiently source and underwrite real estate transactions. Non-Recourse bridge loans from $1,000,000 to $20,000,000, LIBOR + 450-800 bps, terms up to 3 years and up to 80% of total capitalization. The Lender provides a bifurcated loan structure which offers a lower cost of blended capital, and a strong commitment to close. In addition to common equity and senior debt, they offer subordinated financing to increase leverage.