More Capital than Good Deals!
February 16, 20121 – 18 – 12
More Capital than Good Deals! Liquidity is abundant in the private lending bridge market. Several high net worth individuals and families have “suffered” loan pay-offs recently as more institutional capital returns to the debt market. GSP is working with one particular quick-close individual seeking to redistribute capital. Loan amounts will fall between $1,000,000 and $10,000,000, priced in the 7% to 8% range on cash flowing assets. The interest-only loans will be for a term not to exceed 18 months to 60% LTV. Higher LTVs are obtainable for strong recourse borrowers. Commercial assets require a phase 1, although no appraisal or property condition report is needed for funding. Lender fees range from 1% to 2%.
Subscribe to FINfacts
"*" indicates required fields

