Non-Recourse Bridge Lender to 80% of Capitalization

George Smith Partners identified a national capital provider funding bridge transactions from $4,000,000 to $50,000,000 on a non-recourse basis. With the ability to advance up to 80% of purchase price plus 100% of renovation cost, interest only pricing starts at LIBOR + 375 for partial or non-cash flowing assets. All core asset classes in primary, secondary and tertiary markets are underwritten with debt yield required at funding.