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Non-Recourse Bridge Debt to 65% LTC @ L+200

George Smith Partners identified a national floating-rate balance sheet lender funding bridge/reposition transactions from $35,000,000 to $80,000,000 on a non-recourse basis. With the ability to advance up to 65% of total capitalization, pricing starts at LIBOR + 200 for transactions maintaining a 7.0% debt year at the time of funding. All core asset classes in major metropolitan cities are underwritten with a primary focus on West Coast multifamily.