Don't Miss a Fact,
Sign Up for FINfacts!

FINfacts is a weekly newsletter highlighting recent financings and economic insights.

Subscribe Here

National Ground-Up Construction – Non-Recourse Debt

3 – 5 – 14

GSP is funding bridge and ground-up construction loan requests with a National Bank on a limited and non-recourse basis. Transactions to 75% of cost require full repayment guarantees although executions to 65% may be partial repayment or limited to just completion and carve-outs. All product types from $10,000,000 will be considered including hospitality and assisted living. LIBOR based pricing starts at 4.0%. A banking relationship is not requested or required.