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National Non-Recourse Small Balance Program

7 – 16 – 2014

GSP is working with a bank funding 10 year term commercial and multifamily product on-book and nationwide. Transactions from $1,000,000 to $10,000,000 are funded floating over LIBOR on a non-recourse basis to 75% of appraised value. Debt yields from 8% and up are underwritten on core assets plus self-storage. Most transactions are amortized over 30 years and allow for a flexible pre-payment structure.