George Smith Partners is working with a national portfolio lender funding long-term, non-recourse, fixed rate financing from $2,000,000 to $20,000,000. Sized to 70% of value, pricing starts roughly 2% over the corresponding SWAPs for their 5, 7, 10 or 12 year fixed terms; amortizing over 30 years. 20 year fully-amortizing structures are also available with similar pricing for this alternative to CMBS execution. Core assets in the top 100 MSA’s will be considered.
