| 2 – 5 – 14 George Smith Partners is working with a Southern California portfolio lender originating non-traditional transactions to put their money to work. While still funding on multifamily, retail, office and industrial assets, they are also underwriting hospitality, gas stations and alternative use projects on a mini-perm basis. SFR “bundled” rentals have also been funded from $1,000,000. Southern California assets are priced from 4.25% to 70% LTV to a $5,400,000 maximum lending limit. Though story transactions including single tenant with lease roll-over risk, motels and franchised restaurants are considered, all requests must be sized to cash flow in place at funding. |
