10 – 17 – 12
George Smith Partners is working with a Life Insurance Company looking to augment their portfolio with low-leveraged, high quality real estate loans and cut rates this week for transactions to 55% LTV. Loans from $5,000,000 to $100,000,000 offering an 11%+ debt yield will be priced from 2.50% fixed for five-years or 3.25% for a 10-year term. The 10-year opens with five-years of interest only before rolling into a 25 or 30 year amortization schedule. This pricing is reserved for core institutional assets nationwide.
