BSP provided a $8.75MM floating-rate loan on a 96-unit, garden-style multifamily property located in Ennis, TX. Loan proceeds, along with borrower equity will be used to acquire the property, fund a shortfall reserve, invest in capital expenditures, and pay closing costs.

BSP provided a $113.5mm floating-rate A/B-note loan package on two, to-be-completed, garden-style multifamily residences comprised of 575 units located in Tomball, TX and Simpsonville, SC. BSP partnered with a third-party lender on the B-note. Loan proceeds will be used to fund construction of the projects.

BSP provided a $21.7MM floating-rate loan on a 132-unit build-to-rent townhome-style multifamily property located in Wildwood, FL. Loan proceeds will be used to retire the existing debt, fund a shortfall reserve, and pay closing costs

BSP provided a $26MM fixed-rate CMBS loan on a 252-key, select-service hospitality property located in Chesapeake and Norfolk, VA. Loan proceeds will be used to refinance the existing debt, fund a PIP reserve, and cover closing costs.

BSP provided a $29.255MM floating-rate loan on a 232-unit garden-style multifamily property located in Greenville, SC. Loan proceeds will be used to pay off existing debt, fund a shortfall reserve, fund a Capex Reserve and pay closing costs.

BSP provided a $23MM floating-rate loan on a 397-unit, garden-style multifamily property located in Oklahoma City, OK. Loan proceeds along with Sponsor equity was used to the acquire the property, fund a shortfall reserve and pay closing cost.

BSP provided a $66MM floating-rate loan on a 301-unit mixed-use property located in Charlotte, NC. Loan proceeds will be used to pay off existing debt, fund an upfront shortfall reserve and pay closing costs.

BSP provided a $5.1MM fixed-rate CMBS loan on a 47-key, boutique, limited-service hospitality asset located in New York, NY. Loan proceeds will be used to pay off existing debt, fund an upfront capex reserve, fund upfront tax, insurance, and ground rent reserves and pay closing costs.

BSP provided a $6.75MM fixed-rate CMBS loan on an 84-key extended-stay hospitality property located in Houston, Texas. Loan proceeds along with Sponsor equity will be used to acquire the property, fund a PIP reserve, and pay closing costs.

BSP provided a $20.65MM floating-rate loan on a 438k sf industrial property located in Chesapeake, VA. Loan proceeds will be used to retire the existing debt, fund future tenant improvements and leasing commissions and pay closing costs

BSP provided a $25.68MM floating-rate loan on a 200-unit, garden-style multifamily property located in Charlotte, NC. Loan proceeds will be used to facilitate the acquisition of the property, cover closing costs, purchase a rate cap, and fund a capital improvement plan.

BSP provided a $17.5MM floating-rate loan on a 136-unit, Class-A multifamily property located in Manteca, CA. Loan proceeds will be used to pay off the existing debt, pay closing costs, fund a shortfall reserve, and cover future funding to complete the project.