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Senior Bridge Loan Financing up to $100,000,000

George Smith Partners has identified a senior mortgage capital provider that is funding multifamily bridge loans for transactions ranging from $10,000,000 to $100,000,000 in all markets nationwide. The Lender underwrites to 65% of stabilized value and an exit debt yield of 7.0% or less. There is no DCR test on the stabilized cash flow, which allows the lender to provide higher proceeds despite the current interest rate environment. The bridge loans are non-recourse and have an initial 3-year term.