Participating Loans to 90% LTC for Transaction $20,000,000 and Above

GSP has sourced a capital provider that can provide non-recourse loans to 90% of cost including interest reserve, tenant improvement, leasing commission, and capital expenditures.  The loan will feature a current pay of 6.50% to 7.50% and an equity participation at the end of the five-year term.  The minimum loan size will be $20,000,000 and some interest only is available.