BSP provided a $32.4MM financing package (senior and mezzanine loans) on a 59-unit, mid-rise multifamily property located in Long Island City, NY. Loan proceeds will be used to fund a commercial TI/LC reserve, fund hard and soft costs, fund a shortfall reserve, and cover closing costs.

BSP provided a $18.5MM floating-rate loan on a 158-unit, mid-rise multifamily property located in Provo, UT. Loan proceeds along with an equity investment will be used to pay off the existing debt, pay off unsecured GP loans, and cover closing costs.

BSP provided a $37MM floating-rate loan on a 228-unit multifamily / SFR property, located in San Antonio, TX. Loan proceeds will be used to retire the existing construction debt, fund a shortfall reserve, pay closing costs, and to cash out the Borrower.

BSP provided a $20.9MM floating-rate loan on a 144-unit, garden-style multifamily property located in Chapel Hill, NC. Loan proceeds along with Borrower equity will be used to facilitate the acquisition of the property, cover closing costs, purchase a SOFR rate cap, and fund a capital improvement plan.

BSP provided a $71.7mm floating-rate loan on a 1.04 MM SF vacant warehouse/distribution facility located in Adairsville, GA. Loan proceeds along with Borrower Equity will be used to pay off an existing debt, fund a TI/LC reserve, fund a shortfall reserve and cover closing costs.

BSP provided a $110MM floating-rate loan on three multifamily properties comprised of 733 units, located in Summerville, SC, Houston, TX, and Katy, TX. Loan proceeds will be used to retire an existing debt and pay closing costs.

BSP provided a $55MM floating-rate loan on a 408-unit, multifamily property located in Lilburn, GA. Loan proceeds will be used to pay off an existing debt, fund an interest rate cap and cover closing costs.

BSP provided a $51.88MM floating-rate loan on a 255-unit multifamily property located in Columbus, OH. Loan proceeds will be used to retire the existing construction debt, fund an estimated shortfall reserve, and pay closing costs.

BSP provided a $28.2MM floating-rate loan on a 135-unit multifamily property located in Columbus, OH. Loan proceeds will be used to retire an existing construction debt, fund a shortfall reserve and pay closing costs.

BSP provided a $34.1MM floating-rate loan on a 220-unit, mid-rise multifamily property located in Dallas, TX. Loan proceeds along with Borrower equity will be used to pay off existing debt, purchase a rate cap, and pay closing costs

BSP provided a $55MM fixed-rate loan on a 521-key, full-service hotel property located in Phoenix, AZ. Loan proceeds will be used to retire the existing debt, cover transaction costs, and return Equity to the Borrower.

BSP provided a $72.5mm floating-rate loan on a to-be-completed, 29-story, mixed-use property consisting of 115 condominiums atop 87 apartments, associated amenities, and 8k SF of commercial space located in Jersey City, NJ. Loan proceeds will be used to pay off an existing debt, fund a remaining construction costs reserve, fund a shortfall reserve and cover closing costs.