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Regional Bank Funding Bridge & Construction $5,000,000 to $100,000,000

August 10, 2011

08/03/2011

A western regional bank is funding construction and bridge projects up to 85% of cost in 19 Western states including Missouri, Wisconsin, and Hawaii. The LIBOR based financings carry a minimum 50% recourse, no floor, and are available to professional real estate borrowers. This capital provider will consider most property types with at least 10% cash-in on a spec basis with no preleasing required. Fixed coupons may be provided with a SWAP or cap/collar at L+250-300.

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