Fixed Rate Capital for Land Loans

GSP is working with a capital provider that will provide recourse fixed rate financing to 65% of value for land financing, 75% of value for construction and 90% of value on build to suits and preleased properties. Loan sizes range from $5,000,000 to $20,000,000 for transactions located in California, Arizona, Nevada, and Washington. Fixed rate pricing starts at 9% for terms up to 3 years for all CRE types including residential construction and entitled land.

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