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Non-Recourse Quick Close: Core Assets and Land w/Entitlement Risk to 65% LTC

George Smith Partners is placing private money debt to 65% loan-to-cost for core asset classes and land with entitlement risk. Transactions sized from $2,000,000 to $15,000,000 on quick-close are priced floating over Prime, floored at 10%. Traditionally a non-recourse lender on all asset classes including land, standard warm-body carve out signatures are required.