George Smith Partners has identified a capital provider financing multifamily properties up to 90% LTC. For loan sizes $2,000,000-$20,000,000, fixed rate pricing starts at 9.25%. Terms are interest only for 2 years plus extensions. This lender offers non-recourse financing, lends nationwide and can close quickly.
This capital provider also offers ground up and horizontal construction financing for multifamily products. Pricing starts at SOFR+650.