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Northern California Bank with Life Company Pricing from $1,000,000

February 16, 2012

2 – 15 – 12

Northern California Bank with Life Company Pricing from $1,000,000 George Smith Partners is currently closing stabilized debt requests in Northern California with a regional bank local to that market. Ground-up construction requests are also being underwritten at this time. The capital source’s conservative credit culture allows them to price aggressively, often undercutting more arduous Life Company applications. Ten-year transactions to 60% LTV sized from $1,000,000 to $25,000,000 are priced from 4.35% – 5.00% fixed, and offer stepped-down prepayment. Their geographic lending market consists of The Bay Area north to the Oregon Border. Non-recourse financing is available to higher quality assets.

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