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.

Vehicles managed by BSP, in partnership with Palisade Group, have purchased a 544,705 SF industrial property consisting of five buildings located in Commerce, CA for $31.75MM.

BSP provided a $5.3MM fixed-rate CMBS loan on an 83-key select-service hospitality asset located in Marysville, OH. Loan proceeds along with sponsor equity were used to acquire the property, fund a property improvement plan and pay closing costs.

BSP provided a $29.15MM floating-rate loan on a 168-key select-service hospitality property located in Tampa, FL. Loan proceeds along with Sponsorship Equity will be used to pay off the existing debt, fund a shortfall reserve and pay closing costs.

BSP provided a $185MM floating-rate loan on a 640-unit, condominium project located in San Jose, CA. Loan proceeds along with Sponsor Equity will be used to acquire the existing debt, pay closing costs and fund completion and carry costs of the project.

BSP provided a $21MM floating-rate loan on a 246-unit multifamily property located in Houston, TX. Loan proceeds will be used to refinance the existing debt and pay closing costs.

BSP provided a $20.52MM floating-rate loan on a of 218-unit, garden-style multifamily property located in Corpus Christi, TX. Loan proceeds will be used to acquire the property, fund a future Capex, and pay closing costs.

BSP provided a $29.5MM floating-rate loan on a 223-key dual-branded hospitality property located in Columbia, SC. Loan proceeds along with Sponsorship equity will be used to refinance the existing acquisition loan, fund upfront reserves and pay closing costs.

BSP provided a $38MM floating-rate loan on two garden-style multifamily properties totaling 602-units located in Fort Worth, TX. Loan proceeds will be used to pay off the existing debt, fund an immediate repairs reserve, fund a shortfall reserve and pay closing costs.

BSP provided a $8MM fixed-rate CMBS loan on a 10-unit multifamily property located in Brooklyn, NY. Loan proceeds will be used to pay off the existing debt, pay closing costs, and pay an earnout to the Borrower.