BSP provided a $72MM floating-rate loan on a 299-unit, mid-rise multifamily property located in Nashville, TN. The Loan proceeds will be used to retire a construction loan, purchase a rate cap, and pay closing costs.

BSP provided a $56.5MM fixed-rate loan on a 376-unit, garden-style multifamily property located in Dallas, TX. The loan will be used to acquire the property and pay closing costs.

BSP provided a $15.6MM fixed-rate CMBS loan on a 132K SF, five-story Class A office building located in Cockeysville, MD. Loan proceeds were used to acquire the Property, fund escrows and reserves, and pay closing costs.

BSP provided a $37.5MM acquisition loan with HFC structured at closing on a 274-unit, Class A multifamily property located in Fort Worth, TX. The loan along with Sponsor equity will be used to acquire the property, fund estimated PHFC program fees, fund reserves, and pay closing costs.

BSP provided a $50.35MM floating-rate loan on a ~500K SF industrial property located in Landover, MD. Loan proceeds along with Sponsor equity were used to acquire the property, fund reserves for shortfalls and capital improvements, pay closing costs and fund future tenant improvements and leasing commissions.

BSP provided a $60MM floating-rate loan on a 455-unit, garden-style multifamily property located in Pflugerville, TX. Loan proceeds along with Sponsor equity will be used to acquire the property and pay closing costs.

BSP provided a $12.27MM fixed-rate CMBS loan on a 92% leased, 123K SF fitness-anchored retail center located in Phoenix, AZ. Loan proceeds along with Sponsor equity will be used to acquire the property, upfront TI/LC reserve and pay closing costs.

Benefit Street Partners provided a $36MM floating-rate loan on a 288-unit student-housing property located in San Marcos, TX. Loan proceeds will be used to retire the existing debt, purchase an interest rate cap, pay closing cost, and repatriate equity to the Borrower.

BSP provided a $52MM floating-rate loan on a to-be-completed, 304-unit multifamily asset located in St. Augustine, FL. The loan together with Sponsor Equity will be used to acquire the land, fund construction costs, and fund reserves.

BSP provided a $33MM floating-rate loan on two multifamily properties comprising 314 units located in Houston, TX. The Loan proceeds, along with cash equity, will be used to pay off the current loan, cover closing costs, and purchase a rate cap.

BSP provided a $135MM floating-rate loan on a 427-key hospitality property located in New York, NY. Loan proceeds will be used to retire the existing CMBS loan, fund reserves and cover closing costs.

BSP provided a $6.25MM fixed-rate CMBS loan on 125-unit, multifamily property located in Trotwood, OH. Loan proceeds will be used to pay off the existing debt, pay closing costs, fund a shortfall reserve and return equity to the Borrower.