Real Estate Transactions

BSP provided a $13.7MM fixed-rate loan on a 259-unit, multifamily portfolio located in Greensburg, IN. The loan was used to refinance the existing mortgage and to pay closing costs.

BSP provided a $9.25MM fixed-rate loan on a 100,000 SF, 100% occupied, 2017-vintage, industrial building located in Rochester Hills, MI. The loan was used to acquire the Property, fund reserves, and pay closing costs.

BSP provided a $28.5MM floating-rate loan on a 214-key, full-service 1957/2017 vintage hospitality asset located in Reno, NV. The loan was used to refinance the asset, fund a PIP, and pay closing costs.

BSP provided a $22.5MM floating-rate loan on a 149-unit, garden-style multifamily asset located in Denton, TX. The loan was used to retire the existing loan, pay closing costs and fund an interest reserve.