Central California Bank

George Smith Partners is working with a regional bank focused on 65% LTC construction, bridge/reposition and 75% LTV mini-perm loans from Sacramento to Fresno. $1,000,000 to $15,000,000 commercial transactions are being executed on a diverse product mix including core assets, hospitality, assisted living and agriculture/vineyards. Hospitality construction debt is funded with a five-year mini-perm at CofO. LIBOR spreads run from 275 to 350 and are full or partial recourse over 50% of value/cost.