10 – 30 -13
GSP is funding transactions from Seattle to San Diego on stabilized commercial and multifamily assets to 75% of value. Core products and self-storage are reviewed from $1,000,000 to $15,000,000 on a 30 year amortization schedule. The 10 year term is fixed based on risk and offers a step-down prepayment structure. Non-Recourse financing is available to 50% LTV for commercial and 65% for multi-family. A future funding (earn-out) may be structured and pre-approved, with the entire capitalization rate-locked at the initial funding, mitigating future bond movements.