$10,000,000 Agency Supplemental Loans for 3 Multifamily Properties Totaling over 400 Units

Transaction Description: 

George Smith Partners arranged 3 Supplemental Agency loans on a portfolio of apartment buildings. The supplementals allow the senior loans to remain in place. As the Sponsor has increased NOI since acquisition, the properties qualify for the increased leverage, a unique lending program specific to the agencies. The loans are individual non-recourse loans (no cross collateralization).

All Terms Confidential 

Advisors

Steve Bram

Managing Director & Principal / GSP Co-Founder

David R. Pascale, Jr.

Senior Vice President

Nick Rogers

Vice President

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