SoCal Regional Bank Funding Perm-Debt Nationally

GSP is actively securing qualified applications for the acquisition of stabilized core assets from a Southern California portfolio lender on a national basis. Transactions from $1,000,000 to $10,000,000 are being funded to 75% LTV for terms up to 10 years – with step-down prepayments; yet without the headaches of agency or cmbs capital. All executions are held on-book and serviced by the lender. Sub-65% LTVs will be considered on a non-recourse basis. This program is going head-to-head and winning executions from Fannie Mae.