BSP provided a $79MM floating-rate condominium inventory loan (senior loan and mezzanine loan) on 163 unsold units in a luxury condominium property located in Austin, TX. Loan proceeds will be used to pay off an existing debt and fund carry costs.

BSP provided a $62MM floating-rate loan on a newly constructed, 308-unit multifamily property located in Las Vegas, NV. Loan proceeds along Borrower equity were used to acquire the property, fund an upfront shortfall reserve, fund a CapEx reserve, and pay closing costs.

BSP provided a $25.6MM floating-rate loan on a 265K SF industrial property located in San Marcos, TX. Loan proceeds along with Sponsor equity were used to acquire the property, pay closing costs, fund capital improvements, tenant improvements & leasing commissions, and interest & operating shortfalls.

BSP provided a $33.3MM floating-rate loan on a 429K SF industrial property located in Palatine, IL. Loan proceeds along with Sponsor equity will be used to retire the existing debt, pay closing costs, capitalize future tenant improvements, leasing commissions, capital expenditures and interest & operating shortfalls.

BSP provided an $84MM floating-rate loan on a 170-unit mixed-use multifamily property located in Rego Park, NY. Loan proceeds will be used to pay off existing debt, fund a shortfall reserve, fund leasing commissions, and pay closing costs.

BSP provided a $33.15MM floating-rate loan on a 146-unit multifamily property located in Aurora, CO. Loan proceeds will be used to retire an existing construction debt, fund a shortfall reserve, and pay closing costs.

BSP provided an $8.4MM floating-rate loan on a 64-unit multifamily property located in Jacksonville, FL. Loan proceeds along with Borrower equity will be used to pay off the existing debt, fund a shortfall reserve, and pay closing costs.

BSP provided a $55MM floating-rate loan on a 210-unit multifamily property located in Newtown, CT. Loan proceeds along with Borrower equity will be used to acquire the property, and complete property construction.

BSP provided a $61.3MM floating-rate loan on five skilled nursing facilities, consisting of 542 beds across 457 units located in various cities in Colorado. Loan proceeds will be used to acquire the properties, pay closing costs and fund a repairs reserve.

BSP provided a $60.9MM floating-rate loan on a 277-unit, mid-rise multifamily property located in Colorado Springs, CO. Loan proceeds will be used to pay off an existing construction loan, fund a shortfall reserve, and pay closing costs.

BSP provided a $75MM floating-rate loan on a 380-unit multifamily property located in Las Vegas, NV. Loan proceeds will be used to pay off existing loans, fund a shortfall reserve and pay closing costs.

BSP provided a $24.75MM floating-rate loan on a 180-unit, garden-style multifamily property located in Kaufman, TX. Loan proceeds along with Borrower equity will be used to pay off an existing debt, fund a TI/LC reserve, cover closing costs and fund a future shortfall reserve.