BSP provided a $41.0MM floating-rate loan on a recently completed 204-unit multifamily property, located in Hollywood, FL. Loan proceeds were used to acquire the property, fund an interest reserve and pay closing costs.

BSP provided a $23MM floating-rate loan on a 220-unit, garden-style multifamily property located in Arlington, TX. The loan will be used to acquire the property, invest in capital improvements, and pay closing costs.

BSP provided an $45.1MM CMBS floating-rate loan on a 200+ unit multifamily asset located in the Midwest. The loan together with sponsor equity will be used to acquire the property, fund sponsor reserves, fund rate cap costs, and pay closing costs.

BSP provided a $29.0MM floating-rate loan on a 225-key full-service hotel located in Durham, NC. Loan proceeds were used to acquire the Property, fund a PIP and pay closing costs.

BSP provided a $40MM floating-rate loan on a 360-unit multifamily property located in Houston, TX. The loan was used to acquire the property, pay closing costs, and fund an interest rate cap.

BSP provided an $8.875MM CMBS fixed-rate loan on a 92.3% occupied, 69K SF neighborhood shopping center located in Stroudsburg, PA. The loan was used to pay off existing debt, fund reserves, and pay associated closing costs.

BSP provided an $7.2MM CMBS fixed-rate loan on a 79-unit, 96.2% occupied multifamily property located in Dallas, TX. The loan was used to pay off existing debt, pay associated closing costs and return equity to the sponsor.

BSP provided a $120MM floating-rate loan on a 4,2MM SF portfolio comprised of 27 office, industrial and retail properties located throughout Dallas, Houston and San Antonio, TX. The loan will facilitate the borrower’s exit out of bankruptcy and bridge them through the sale of their legacy real estate portfolio.

BSP provided a $53.1MM floating-rate loan on a to-be-constructed, 642K SF, Class A warehouse/distribution complex located in Hardeeville, SC. The loan will be used to facilitate the construction of the Property, fund reserves, and pay closing costs.

BSP provided a $46.3MM fixed-rate loan on a to-be-constructed, 850,640 SF single-tenant, distribution warehouse located in Hemet, CA. The loan was used to acquire the land, fund construction costs, fund reserves, and pay closing costs.

BSP provided a $29.5MM floating-rate loan on a 323-unit multifamily asset located in Fort Worth, TX. Loan proceeds were used to acquire the property, fund future capital expenditures at the property and pay closing costs.

BSP provided a $75.00MM floating-rate loan on a nine-property, 100% occupied industrial portfolio in various locations in North Carolina. The loan was used to acquire the property, fund reserves, and pay closing costs.