| 12 – 18 – 13 GSP is processing applications with a California Regional Bank structuring earn-outs based on future valuations but rate locked at today’s low yields. Commercial and multifamily assets are sized and funded to a 1.20 debt coverage today but rate locked up to 75% of proforma value with funds released upon confirmation of the improved NOI. Core assets and self-storage will be considered from $1,000,000 to $15,000,000 on a 30 due in 10 year basis. All Western States considered with non-recourse available on lower leveraged executions. |
