12 – 5 – 12
GSP identified a national Life Insurance Company funding transactions as small as $2,000,000 on a non-recourse basis. LifeCo transactions under $5,000,000 typically require a repayment guarantee. Terms from five years to 25 years are available with flexible pre-payment options. Core assets are financed to 65% of market value, 70% for multifamily and student housing. Self-storage and unanchored retail have a 50% advance rate. Forward commitments may also be locked up to six months for 5 basis points per month after the first three months for free.