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.

BSP provided a $4.9MM fixed-rate loan on a single-tenant retail asset located in Chelsea, MI. Loan proceeds were used to pay off the Borrower’s existing debt, fund repairs, pay closing costs and return equity to the Borrower.

BSP provided a $36.4MM fixed-rate bridge loan on a 352-unit, garden-style community apartment complex located in San Antonio, Texas. The loan was used to acquire the property.

BSP provided a $78.2MM floating-rate loan on a 777-unit apartment complex portfolio comprised of two garden-style multifamily assets located in Round Rock, Texas. The loan was used to retire the existing loan, fund future renovations, purchase a rate cap, and pay closing costs.

BSP provided a $6.0MM fixed-rate loan on a 73,531 SF Sunrise Shopping Center located in Oxon Hill, MD. The loan was used to pay off the existing loan, fund escrows, and pay associated closing fees.

BSP provided a $50.75MM floating-rate loan on a 320-unit multifamily asset located in Orlando, FL. The loan was used to retire the existing debt, pay closing costs, purchase an interest rate cap and fund an interest reserve.

BSP provided a $62.5MM floating-rate loan for a 243-key full-service hotel and a 231-key limited Service hotel located in Denver, CO. The loan was used to refinance existing debt and pay closing costs.

BSP provided a $23MM fixed-rate loan on a refrigerated/cold storage facility located in Carson, CA. The loan was used to pay off existing debt to the property, pay closing costs and return equity to the Sponsor.

BSP provided a $18.1MM fixed-rate loan on a 286-unit, manufactured housing property located in La Verne, CA. The loan was used to pay off existing debt to the Property and to pay closing costs.

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.