Mezzanine Financing & Preferred Equity up to 88% LTV

George Smith Partners has identified a capital provider financing multifamily properties with mezzanine debt and preferred equity up to 88% LTV. Loan sizes range from $5,000,000-$55,000,000 and can be structured behind senior lenders, agency, LifeCos, and bridge loans. With terms from 1-10 years, this lender will allow open prepayment without penalty. Lending nationally, loans are non-recourse and do not have a minimum debt service coverage.