$128.9 Million of future funding + $37.9 M ($31.38M of future funding) Mezz
BSP provided a $128.9 million senior construction loan and BSP provided a co-terminus $37.9 million mezz loan to finance the construction of two, to-be completed, class-A multifamily complexes that will comprise of 844 units on +/- 52 acres of land in Jacksonville, Fl.
Fort Worth, TX
BSP provided a $60.2 million floating-rate loan to a repeat BSP borrower to finance the acquisition of a 369-unit multifamily complex located in Fort Worth, TX. The Loan was structured with future funding for capex.
BSP provided a $44.4 million floating-rate loan to a repeat BSP borrower to finance the acquisition of a 321-unit multifamily complex located in Dallas, TX. The loan was structured with future funding for capex.
Las Vegas, NV
BSP acquired a $42.2 million floating-rate A-Note position on a $70.3 million Whole Loan to finance the completion of a to-be completed 5 building, 725K SF Class A industrial warehouse and distribution complex located in North Las Vegas, NV.
$39.7 Million Senior Loan and $6.8 Mezzanine Loan
East Brunswick, NJ
BSP provided a $39.7 million floating-rate loan comprised of a $25.9 million senior loan and a co-terminus $6.8 million mezz loan to finance the acquisition of a 412K SF office tower located in East Brunswick, NJ. The Loan was structured with future funding for capex and TILC.
BSP provided a $33.0 million floating-rate loan to finance the acquisition of a two-building, 270K SF Class A, suburban office property and an adjacent developable pad in Alpharetta, GA. The loan is structured with future funding for capex and TILC.
BSP provided a $17.5 million floating-rate loan to refinance a newly constructed, 50-key, full-service unflagged, boutique hotel and adjacent building with 4 short-term rental apartments in the Historic District in Savannah, GA.
$12.5MM Equity / $29.2MM Senior
BSP provided a $29.2 million fixed-rate loan to finance the acquisition of a 226K SF single-tenant, 100% occupied office property located in Jeffersonville, IN. As part of this transaction, BSP acquired the property.
South Lake Tahoe, CA
BSP provided a $10.6 million floating-rate loan to finance the acquisition, renovation and reposition of a 96-key, limited-service boutique hotel located in South Lake Tahoe, CA.
Newport News, VA
BSP provided a small-balance fixed-rate loan of $5.1 million to finance the acquisition of a 14K SF NNN, IG single-tenant located in Newport News, VA.