Mezzanine Financing for Heavy Value Add and Ground Up Construction

George Smith Partners is working with a balance sheet lender providing financing for heavy value-add and ground up construction financing. Check sizes are between $3,000,0000 and $10,000,000, rates start at 13% with a three-year minimum investment at 85% of cost without profit participation. Property types include land, multifamily, condos, manufactured housing, single family development programs, industrial and retail. Sponsors need a track record.