Capital Climbing

GSP is working nationally with a regional bank actively funding ground-up and reposition assets for core and mixed use projects. Previous program loan constraints of 1 year ago have now increased by 10% in costs and $10,000,000 of proceeds. Transactions from $1,000,000 to $25,000,000 are funded to 75% of total cost on primary product types. Hospitality is also considered under more restrictive terms. Mini-perm and perm take-out is also an option upon stabilization. Full recourse is required until Certificate of Occupancy.