Transactions

BSP provided a $18.1MM floating-rate loan on a 208-unit garden-style multifamily property located in Charlotte, NC. The loan together with Sponsor equity will be used to acquire the property and fund capital improvements.

BSP provided a $34MM floating-rate loan on a 37-unit luxury condominium development located in Hampton Bays, NY. The loan will be used to pay off existing debt, fund an interest reserve, pay carry costs, fund a capex reserve and pay closing costs.

BSP provided a $84.5MM floating-rate loan collateralized by 44-units of a 186-unit high rise condominium property located in New York, NY. Loan proceeds will be used to pay off existing debt, fund a shortfall reserve and pay closing costs.

BSP provided a $33.6MM floating-rate loan on a 260-unit, mid-rise multifamily property located in San Antonio, TX. Loan proceeds along with Sponsor equity will be used acquire the Property, fund a shortfall reserve, and pay closing costs.

BSP provided a $59MM floating-rate loan on a 618-unit garden-style multifamily property located in Doraville, GA. Loan proceeds along with Sponsor equity will be used to facilitate the acquisition of the Property, cover closing costs, cover a rate cap, and fund a capital improvement plan.

BSP provided a $53.4MM floating-rate loan on a 390-key full-service hospitality asset located in Orlando, FL. The loan proceeds will be used to pay off existing debt, fund a brand conversion PIP, and pay closing costs.

BSP provided a $101.2MM floating rate lease up loan on newly built adjacent multifamily assets totaling 579 units in Kennesaw, GA. Proceeds from the loan will be used to retire the existing debt, pay off the existing mezz balance, cover fees, purchase a rate cap, fund an interest reserve and pay closing costs.

BSP provided a $99.8M floating-rate loan on a newly constructed two-building, 1.6 million SF industrial park located in Wilmer, TX. Proceeds from the loan were used to retire the existing debt, future fund tenant improvements, leasing commissions, interest and operating shortfalls, and pay closing costs

BSP provided a $35.2MM floating-rate loan on a 288-unit multifamily property located in College Station, TX. Loan proceeds along with Sponsor equity will be used to acquire the property, fund Sponsor reserves and pay closing costs.

BSP provided a $44.3MM floating-rate loan on a 297-unit multifamily property located in Jacksonville, FL. The loan will be used to pay off the existing construction loan, fund an interest reserve, pay closing costs, and provide a cashout to the Borrower.

BSP provided a $16.64MM floating-rate loan on a 92-unit, garden style multifamily property located in Concord, NC. The loan will be used to acquire the property.

BSP provided a $50.8MM floating-rate loan on a 317-unit multifamily property located in Nashville, TN. The loan will be used to retire the existing debt and preferred equity.

BSP provided three floating rate senior loans aggregating $265MM on a three property, 1,262-unit, class A multifamily portfolio located in Saint John’s County, FL. The loan will recapitalize the existing BSP construction financing, return pledged equity to the sponsorship, and fund additional carrying costs to bridge the borrowers through stabilization of the assets.

BSP provided a $210.0MM financing package that consists of a $157.5MM floating-rate senior loan and a $57.5MM floating-rate mezzanine loan on a 282-unit, to-be-completed, luxury for-sale residential condominium complex located in Weehawken, NJ. Proceeds from the loan, along with sponsor equity, will be used to finance the construction of the project.

BSP provided a $29.8MM fixed-rate CMBS loan on a 362-unit, garden style apartment community located in Louisville, KY. The loan proceeds were used to retire the existing CMBS loan, pay closing costs, and repatriate equity to the Sponsor.

BSP provided a $115.0MM financing package that consists of a $85.0MM floating-rate senior loan and a $30.0MM floating-rate mezzanine loan on a 250-unit, to-be-completed, luxury for-sale residential condominium complex located in Hallandale Beach, FL.

BSP provided a $27.01MM floating-rate loan on a 147-key, limited-service hotel portfolio located in Miami Beach, FL. The loan, along with Borrower equity, will fund the acquisition and renovation of the portfolio.

BSP provided a $62.8MM floating-rate loan on a 45-unit, to-be-converted standard multifamily asset into a luxury residential condominium located in New York, NY. The loan along with Sponsor equity will be used to pay off the existing debt, pay hard and soft costs, fund an interest reserve and pay closing costs.

BSP provided a $48.75MM floating-rate bridge loan on a 212-key, select-service hospitality asset in Austin, TX. The loan, along with Sponsor equity, will be used to refinance the existing construction loan, fund an upfront reserve, and pay loan closing costs.

BSP provided an $18.7MM financing package that consisted of a $16.83MM floating-rate senior loan and a $1.87MM floating-rate mezzanine loan on a newly constructed, 62-unit, Class-A multifamily property located in Los Angeles, CA. Proceeds from the loan will be used to retire the existing loan, fund a shortfall reserve, pay for construction completion, fund a bridge to stabilization and pay loan closing costs.

BSP provided a $17MM fixed-rate loan on a 279-room, full-service hospitality asset located in Dallas, TX. Loan proceeds along with Sponsor equity were used to acquire the property and pay closing costs.

BSP provided a $15.5MM floating-rate loan on a 907 unit, 81K square foot self-storage complex located in Delray Beach, FL. The loan was used to acquire the Property, fund a shortfall reserve, and pay closing costs

Franklin BSP Realty Trust provided a $12.75MM fixed-rate CMBS loan on a 200-pad leasehold, manufactured housing community located in Anaheim, CA. The loan together with sponsor equity were used to pay off existing debt, fund a ground rent reserve, fund escrows and pay closing costs.

BSP provided a $83.0MM financing that consisted of a $77.75MM floating-rate senior loan and a $5.25MM floating-rate mezzanine loan on a 245-unit multifamily property located in Rockland County, NY. Proceeds from the loan were used to retire the existing construction loan, fund a construction completion reserve and an upfront shortfall reserve, pay loan closing costs, and repatriate equity.

BSP provided a $18.5MM fixed-rate CMBS loan on a 236-room, dual-branded select & full-service hospitality asset located in Amarillo, TX. Loan proceeds were used to pay off the existing debt and pay closing costs.

BSP provided a $16.1MM financing that consisted of a $13.9MM floating-rate senior loan and a $2.2MM mezzanine loan on a three-building, 94k sf industrial property located in Riverside, CA. The financing along with borrower equity were used to acquire the property, pay closing costs, fund a shortfall reserve, and provide a future funding facility to complete the borrower’s business plan.

BSP provided a $59MM floating-rate acquisition loan on 390-unit, 2020-vintage, mid-rise apartment community located in Carrollton, TX. The loan will fund the acquisition of the Property, pay closing costs, pay for an interest rate cap, fund an interest reserve, and fund a capital expenditures plan.

BSP provided a $51.9MM floating-rate loan on a five-property hospitality portfolio located across the country. Proceeds from the loan along with sponsor equity were used to retire the existing debt, fund an upfront shortfall reserve, and pay loan closing costs.

BSP provided a $39MM floating-rate construction takeout and lease up loan on a 264-unit multifamily property located in Indianapolis, IN. The loan along with a loan from one of our mezzanine partners, was used to pay off the existing debt, fund an interest reserve, and pay closing costs.

BSP provided a $39.4MM floating-rate construction takeout and lease up loan on 242-unit multifamily property located in Pensacola, FL. The loan along with Borrower equity will be used to pay off the existing construction loan, pay off preferred equity, fund a rate cap, fund an interest reserve, and pay closing costs.

BSP provided a $30MM floating-rate loan on a recently renovated, 257-key hospitality property located in Eugene, OR. Proceeds from the loan will be used to retire the existing loan, fund a shortfall reserve, and pay loan closing costs.

BSP provided an $11MM fixed-rate CMBS loan on a 159-unit manufactured housing property located in San Jose, CA. The loan together with sponsor equity were used to pay off existing debt, fund a ground rent reserve, and pay closing costs.

BSP provided a $23.4MM floating-rate loan on an approximately 300,000 SF industrial complex located in Brevard County, FL. Proceeds from the loan, along with Sponsor equity, were used to acquire the property, fund a future capital expenditure plan, fund a shortfall reserve and pay closing costs.

BSP provided a $28.8MM floating-rate loan on a 310-room hospitality portfolio in various locations throughout NC. The loan along with Sponsor equity will be used to pay off the existing debt, fund the remainder of the Borrower’s capital expenditures plan, fund a shortfall reserve and pay closing costs.

BSP provided a $10.85MM fixed-rate loan on a full-service hotel located in Hammond, LA. Loan proceeds were used to pay off the existing debt, return equity to the Sponsor and pay closing costs.

BSP provided a $10.2MM floating-rate loan on a 104-unit, garden-style multifamily property located in Jacksonville, FL. The loan along with Sponsor equity will be used to acquire the Property, pay closing costs, cover a rate cap, and fund a capital improvement plan.

BSP provided a $22.9MM floating-rate loan on a 282-unit multifamily property located in Houston, TX. The loan will be used to acquire the Property, pay closing costs, and fund an interest rate cap.

BSP provided a $32.5MM fixed-rate CMBS loan on a 447-unit multifamily property located in Northridge, CA. The loan was used to pay off the existing debt, pay closing costs, and return capital to the Borrower.

BSP provided a $44MM floating-rate loan on a 161-unit multifamily property with 5,600 SF of retail space located in Duarte, CA. The loan was used to repay the construction loan and cover closing costs.

BSP provided a $49.95MM floating-rate loan on a recently renovated and re-branded hotel located in Orlando, FL. The loan was used to retire the existing loan, fund reserves, pay closing costs, and repatriate equity to the Borrower.

BSP provided a $125MM floating-rate loan on a 414-unit multifamily property with ground-floor retail located in Stamford, CT. The loan was used to retire the existing debt, pay closing costs, and return cash to the Borrower.

BSP provided a $41.0MM floating-rate loan on a recently completed 204-unit multifamily property, located in Hollywood, FL. Loan proceeds were used to acquire the property, fund an interest reserve and pay closing costs.

BSP provided a $23MM floating-rate loan on a 220-unit, garden-style multifamily property located in Arlington, TX. The loan will be used to acquire the property, invest in capital improvements, and pay closing costs.

BSP provided an $45.1MM CMBS floating-rate loan on a 200+ unit multifamily asset located in the Midwest. The loan together with sponsor equity will be used to acquire the property, fund sponsor reserves, fund rate cap costs, and pay closing costs.

BSP provided a $29.0MM floating-rate loan on a 225-key full-service hotel located in Durham, NC. Loan proceeds were used to acquire the Property, fund a PIP and pay closing costs.

BSP provided a $40MM floating-rate loan on a 360-unit multifamily property located in Houston, TX. The loan was used to acquire the property, pay closing costs, and fund an interest rate cap.

BSP provided an $8.875MM CMBS fixed-rate loan on a 92.3% occupied, 69K SF neighborhood shopping center located in Stroudsburg, PA. The loan was used to pay off existing debt, fund reserves, and pay associated closing costs.

BSP provided an $7.2MM CMBS fixed-rate loan on a 79-unit, 96.2% occupied multifamily property located in Dallas, TX. The loan was used to pay off existing debt, pay associated closing costs and return equity to the sponsor.

BSP provided a $120MM floating-rate loan on a 4,2MM SF portfolio comprised of 27 office, industrial and retail properties located throughout Dallas, Houston and San Antonio, TX. The loan will facilitate the borrower’s exit out of bankruptcy and bridge them through the sale of their legacy real estate portfolio.

BSP provided a $53.1MM floating-rate loan on a to-be-constructed, 642K SF, Class A warehouse/distribution complex located in Hardeeville, SC. The loan will be used to facilitate the construction of the Property, fund reserves, and pay closing costs.

BSP provided a $46.3MM fixed-rate loan on a to-be-constructed, 850,640 SF single-tenant, distribution warehouse located in Hemet, CA. The loan was used to acquire the land, fund construction costs, fund reserves, and pay closing costs.

BSP provided a $29.5MM floating-rate loan on a 323-unit multifamily asset located in Fort Worth, TX. Loan proceeds were used to acquire the property, fund future capital expenditures at the property and pay closing costs.

BSP provided a $75.00MM floating-rate loan on a nine-property, 100% occupied industrial portfolio in various locations in North Carolina. The loan was used to acquire the property, fund reserves, and pay closing costs.

BSP provided a $4.9MM fixed-rate loan on a single-tenant retail asset located in Chelsea, MI. Loan proceeds were used to pay off the Borrower’s existing debt, fund repairs, pay closing costs and return equity to the Borrower.

BSP provided a $36.4MM fixed-rate bridge loan on a 352-unit, garden-style community apartment complex located in San Antonio, Texas. The loan was used to acquire the property.

BSP provided a $78.2MM floating-rate loan on a 777-unit apartment complex portfolio comprised of two garden-style multifamily assets located in Round Rock, Texas. The loan was used to retire the existing loan, fund future renovations, purchase a rate cap, and pay closing costs.

BSP provided a $6.0MM fixed-rate loan on a 73,531 SF Sunrise Shopping Center located in Oxon Hill, MD. The loan was used to pay off the existing loan, fund escrows, and pay associated closing fees.

BSP provided a $50.75MM floating-rate loan on a 320-unit multifamily asset located in Orlando, FL. The loan was used to retire the existing debt, pay closing costs, purchase an interest rate cap and fund an interest reserve.

BSP provided a $62.5MM floating-rate loan for a 243-key full-service hotel and a 231-key limited Service hotel located in Denver, CO. The loan was used to refinance existing debt and pay closing costs.

BSP provided a $23MM fixed-rate loan on a refrigerated/cold storage facility located in Carson, CA. The loan was used to pay off existing debt to the property, pay closing costs and return equity to the Sponsor.

BSP provided a $18.1MM fixed-rate loan on a 286-unit, manufactured housing property located in La Verne, CA. The loan was used to pay off existing debt to the Property and to pay closing costs.

BSP provided a $13.7MM fixed-rate loan on a 259-unit, multifamily portfolio located in Greensburg, IN. The loan was used to refinance the existing mortgage and to pay closing costs.

BSP provided a $9.25MM fixed-rate loan on a 100,000 SF, 100% occupied, 2017-vintage, industrial building located in Rochester Hills, MI. The loan was used to acquire the Property, fund reserves, and pay closing costs.

BSP provided a $28.5MM floating-rate loan on a 214-key, full-service 1957/2017 vintage hospitality asset located in Reno, NV. The loan was used to refinance the asset, fund a PIP, and pay closing costs.

BSP provided a $22.5MM floating-rate loan on a 149-unit, garden-style multifamily asset located in Denton, TX. The loan was used to retire the existing loan, pay closing costs and fund an interest reserve.

BSP provided a $42.9MM floating-rate loan on a 191-key full-service hotel located in Nashville, TN. The loan was used to acquire the asset, future fund a PIP reserve, fund other reserves, and pay closing costs.

BSP provided a $17.0MM fixed-rate loan on a 124-key, limited-service 2020-built hospitality asset located in Tampa, FL. The loan was used to refinance the asset, pay off an existing loan, pay closing costs and repatriate capital to the Sponsor.

BSP provided a $24.8MM floating-rate loan on a 252-unit, garden-style multifamily asset located in Arlington, TX. The loan was used to acquire the asset, future fund capex, and pay closing costs.

BSP provided a $38.75MM floating-rate loan on a newly built, 230-unit multifamily asset located in Katy, TX. The loan was used to refinance the asset, fund reserves and pay closing costs.

BSP provided a floating-rate loan of $42.75MM on a 328-unit garden-style multifamily property located in San Antonio, TX. The loan was used to refinance the asset.

BSP provided a $31.3MM floating-rate senior loan on a 325-key full-service hospitality asset located in Tampa, FL. The loan was used to refinance the asset and pay closing costs.

BSP provided a $17.0MM floating-rate loan on a 220-key full-service hotel property located in Peachtree Corners, GA. The loan was used to acquire the asset, fund a PIP reserve, fund a deferred maintenance reserve, fund other reserves, and pay closing costs.

BSP provided a $27.0MM floating-rate loan on a 221-key limited-service hotel portfolio located in Jacksonville, FL. The loan was used to acquire the two assets, fund a PIP reserve, and pay closing costs.

BSP provided a $29.3MM floating-rate loan on a 448-lot manufactured housing community located in North Fort Meyers, FL. The loan was used to acquire the asset, fund a capex reserve, fund other reserves and pay closing costs.

BSP provided an $80.0MM floating-rate loan on a 272-unit, 30-story, 2021-vintage luxury high-rise multifamily property located in Downtown Austin, TX. The loan was used to refinance the asset, future fund a shortfall reserve and pay closing costs.

BSP provided a floating-rate loan of $33.4MM on a two-building, 217-unit short term rental/multifamily portfolio, uniquely located in the Georgetown neighborhood of Washington, D.C. The loan was used to refinance the asset.

BSP provided a $34.25MM fixed-rate loan on a 259-key, select-service 2020-built hospitality asset located in Orlando, FL. The loan was used to refinance the asset, pay off an existing EB5 loan, fund a seasonality reserve, and pay closing costs.

BSP provided a $26.25MM fixed-rate loan on a 70-key full-service hospitality asset located along the award winning beaches of Cape May, NJ. The loan was used to refinance the asset and pay closing costs.

BSP provided a $64.5MM floating-rate loan on a 360-unit, garden-style, newly built multifamily asset located in Davenport (Reunion Village), FL. The loan was used to refinance the asset, fund a remaining construction reserve, fund other reserves and pay closing costs.

BSP provided a $15.75MM fixed-rate loan on a 325-unit, mid-rise multifamily asset (recently converted from hotel) located in Branson, MO. The loan was used to refinance the asset, fund upfront reserve, pay closing costs and repatriate capital to the Sponsor.

BSP provided a $10.5MM floating-rate loan on a 77-key, limited service hotel asset, located in Miami Beach, FL. The loan was used to acquire the asset, fund reserves and pay closing costs.

BSP provided a $55.5MM floating-rate loan on a 320-unit, high-rise, newly built multifamily asset located in Phoenix, AZ. The loan was used to refinance the asset, fund a capex and TILC reserve, fund other reserves and pay closing costs.

BSP provided a $40.9MM senior construction loan on a to-be-built, 182-unit multifamily complex located in Philadelphia, PA. The complex will be comprised of a 158-unit, 7-story, mid-rise residential building along with 24 connected townhome units. BSP also sourced a $7.0MM mezzanine loan that closed simultaneously with the senior loan and is held by a third-party lender. The total loan of $47.9MM was used to acquire the land, fund construction costs, fund reserves and pay closing costs.

BSP provided a $120.0MM senior floating-rate loan on a 1,313-key select-service hotel portfolio located within nine (9) suburban submarkets in CA, CT and NJ. The loan was used to refinance the Portfolio, fund a PIP reserve, fund other reserves and pay closing costs.

BSP provided an $28.3MM senior floating-rate loan on a 151-key full-service hotel located in Wrightsville Beach, NC. The loan was used to acquire the Property, fund reserves and pay closing costs.

BSP provided a $15.15MM floating-rate loan on a 98-unit garden-style multifamily property located in Spartanburg, SC. The loan was used to acquire the asset, fund a capex reserve, and pay closing costs.

BSP provided a $3.6MM fixed-rate loan on a ~31,000 SF medical office property located in Richmond, VA. The loan was used to acquire the asset, fund reserves, and pay closing costs.

BSP provided a $17.1MM floating-rate whole loan comprised of $15.75MM senior loan and a co-terminus $1.35MM mezzanine loan on a 150-key, limited-service hotel asset, located in Yonkers, NY. The loan was used to acquire the asset, fund reserves, future fund PIP and pay closing costs.

BSP rovided an $8.0MM fixed-rate on a ~89,000 SF retail center located in Hammond, IN. The loan was used to acquire the asset, fund TILC and Capex reserve, fund other reserves and pay closing costs.

BSP provided an $11.7MM floating-rate loan on a 100-unit garden/low-rise style apartment property located in Durham, NC. The loan was used to acquire the asset, fund a capex reserve and pay closing costs.

BSP provided a $12.0MM fixed-rate loan on a ~137,000 SF anchored retail property, located in Hoover, AL. The loan was used to acquire the asset and pay closing costs.

BSP provided a $51.0MM floating-rate loan on a 296-unit, garden/duplex-style multifamily portfolio, located in Little River, SC. The loan was used to acquire the asset, fund reserves, and pay closing costs.

BSP provided a $9.99MM fixed-rate on a 93-unit garden-style multifamily asset located in Fort Pierce, FL. The loan was used to refinance the asset, fund capex reserve, pay closing costs and repatriate capital to the Sponsor.

BSP provided a $34.3MM floating-rate loan on a 344-unit, garden-style multifamily asset, located in San Antonio, TX. The loan was used to acquire the asset, future fund capex reserve, fund other reserves and pay closing costs.

BSP provided an $11.1MM floating-rate loan on a 96-unit garden style apartment asset located in Fayetteville, NC. The loan was used to acquire the asset, future fund capex, and pay closing costs.

BSP provided an $8.25MM fixed-rate on a 78-unit mid-rise multifamily asset located in Fort Pierce, FL. The loan was used to refinance the asset, pay closing costs and repatriate capital to the Sponsor.

BSP provided a $31.9MM floating-rate loan on a 233-unit garden/low-rise style apartment portfolio located in Fayetteville, NC. The loan was used to acquire one asset / recapitalize the other, future fund capex, fund other reserves and pay closing costs.

BSP provided a $20.2MM floating-rate on a 168-unit garden-style multifamily asset located in Kingsport, TN. The loan was used to acquire the asset, future fund capex reserve, and pay closing costs.

BSP provided an $23.5MM floating-rate loan on a 128-unit garden style apartment asset located in Conyers, GA. The loan was used to acquire the asset, fund capex, fund other reserves and pay closing costs.

BSP provided a $17.5MM floating-rate on a 92-unit garden-style multifamily asset located in Nashville, TN. The loan was used to acquire the asset, future fund capex reserve, and pay closing costs.

BSP provided a $63.0MM floating-rate loan on a to-be-completed 297-unit multifamily property located in Huntersville, NC. The loan was used to refinance the asset, fund hard and soft costs, fund other reserves and pay closing costs.

BSP provided a $68.0MM floating-rate on a to-be-completed 375-unit multifamily asset located in San Antonio, TX. The loan was used to fund the construction of the asset (inclusive of hard and soft costs) and pay closing costs.

BSP provided a $37.9MM floating-rate loan on a to-be-completed 160-unit townhome-style apartment property located in Las Vegas, NV. The loan was used to refinance the asset, fund hard and soft costs, fund other reserves and pay closing costs.

BSP provided a $57.5MM floating-rate on a 307-unit/913-bed student housing asset located in Norfolk, VA. The loan was used to acquire the asset, fund capex reserve, and pay closing costs.

BSP provided a $39.5MM floating-rate loan on a 152-key extended-stay hotel property located in Washington, D.C. The loan was used to acquire the asset, fund soft costs, fund renovation capital, fund other reserves and pay closing costs.

BSP provided an $86.0MM floating-rate on a 362-unit mid-rise multifamily asset located in Jersey City, NJ. The loan was used to refinance the asset, fund TILC reserve, fund capex reserve, fund ground lease reserve, fund other reserves, pay closing costs and repatriate capital to the Sponsor.

BSP provided a $58.3MM floating-rate loan on a to-be-completed 308-unit apartment property and adjacent vacant land located in Las Vegas, NV. The loan was used to acquire the land parcels, fund hard and soft costs, fund other reserves and pay closing costs.

BSP provided a $10.8MM floating-rate on a 111-key, full-service hotel located in Asheville, NC. The loan was used to acquire the asset, fund reserves, future fund Capex and pay closing costs.

BSP provided an $85.5MM floating-rate loan on a 430-unit garden/low-rise style apartment portfolio located in Kannapolis and Asheville, NC. The loan was used to acquire the assets and pay closing costs.

BSP provided an $82.0MM floating-rate loan on a 300-unit, garden-style multifamily asset, located in Fort Myers, FL. The loan was used to acquire the asset, fund a capex reserve, fund other reserves and pay closing costs.

BSP provided a $13.0MM fixed-rate on a 136-key, limited-service hotel located in Chester, VA. The loan was used to refinance the asset, pay closing costs and return equity to the Sponsor.

BSP provided an $10.0MM fixed-rate loan on a ~115,000 SF multi-tenant retail asset, located in Addison, IL. The loan was used to acquire the asset, fund a TILC reserve, fund other reserves and pay closing costs.

BSP provided an $42.7MM floating-rate loan on a 552-unit, garden-style multifamily asset, located in Newport News, VA. The loan was used to acquire the asset, future fund capex, fund other reserves and pay closing costs.

BSP provided an $24.4MM floating-rate loan on a 148-unit, townhome-style multifamily asset, located in Smyrna, GA. The loan was used to acquire the asset, future fund a capex reserve, fund other reserves and pay closing costs.

BSP provided an $54.0MM fixed-rate loan on a ~793,000 SF warehouse and cold storage facility located in Chicago, IL. The loan was used to refinance the asset, fund a TILC reserve, fund other reserves and pay closing costs.

BSP provided a $25.6MM floating-rate senior loan on a 300k+ sf industrial portfolio in southwest Florida. The loan was used to acquire the properties, fund reserves, future fund a TI/LC reserve and pay closing costs.

BSP provided a $235MM floating-rate senior loan secured by 646 residential condominium units along with ~52,000 sf of commercial space in Miami, FL. The loan was used to refinance the asset, fund reserves, and pay closing costs.

BSP provided an $6.55MM fixed-rate loan on a 78-key limited-service hotel located in Binghamton, NY. The loan was used to refinance the asset, fund a PIP reserve, fund other reserves and pay closing costs.

BSP provided a $13.4MM floating-rate loan on a 411-lot manufactured housing and RV community located in Lake Placid, FL. The loan was used to acquire the asset, fund a capex reserve, fund other reserves and pay closing costs.

BSP provided an $18.2MM floating-rate loan on a 190-key limited-service hotel portfolio located in Huntsville and Athens, AL. The loan was used to acquire the Portfolio, future fund a PIP reserve, fund other reserves and pay closing costs.

BSP provided an $11.3MM floating-rate loan on a 108-unit, garden-style multifamily asset, located in Lebanon, TN (near Nashville, TN). The loan was used to acquire the asset, future fund capex reserve, and pay closing costs.

BSP provided an $18.6MM floating-rate loan on a 107-unit, mid-rise-style multifamily asset, located in Louisville, KY. The loan was used to acquire the asset, fund a capex reserve, fund other reserves and pay closing costs.

BSP provided an $65.3MM floating-rate loan on a 360-unit, mid-rise-style to-be-built multifamily asset, located in Charlotte, NC. The loan was used to acquire the land, fund hard and soft costs for the development of the asset, fund other reserves and pay closing costs.

BSP provided a $70.75MM floating-rate loan on a 380-unit, garden-style multifamily asset, located in Pooler, GA. The loan was used to acquire the asset, fund reserves and pay closing costs.

BSP provided a $24.45MM floating-rate loan on an 86-key full service hotel located in Nashville, TN. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $35.7MM floating-rate loan on a 172-unit, garden-style multifamily asset, located in Tempe, AZ. The loan was used to acquire the asset, future fund capex, fund other reserves and pay closing costs.

BSP provided a $31.4MM floating-rate loan on a 223-key limited-service dual-branded hotel located in Columbia, SC. The loan was used to acquire the asset, fund a PIP reserve, fund other reserves and pay closing costs.

BSP provided a $70.75MM floating-rate loan on a 320-unit garden-style multifamily property located in Savannah, GA. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $56.0MM floating-rate loan on a 384-unit, garden-style multifamily asset, located in Lexington, KY. The loan was used to acquire the asset, fund a capex reserve, and pay closing costs.

BSP provided a $17.6MM floating-rate loan on a to-be-completed, 65-unit multifamily property, located in Los Angeles, CA. The loan was used to refinance the asset, fund reserves, and pay closing costs.

BSP provided a $40.0MM fixed-rate loan on a ~228,000 SF anchored retail property, located in Cookeville, TN. The loan was used to refinance the asset and pay closing costs.

BSP provided a $16.0MM fixed-rate loan on ~120,000 SF retail property located in Covington, VA. The loan was used to refinance the asset, fund upfront TILC reserve, fund other reserves, and pay closing costs.

BSP provided a $65.0MM fixed-rate loan on a ~467,000 SF anchored retail property, located in Chattanooga, TN. The loan was used to refinance the asset and pay closing costs.

BSP provided a $13.1MM floating-rate loan on a 120-unit, garden-style multifamily asset, located in Katy, TX. The loan was used to acquire the asset, future fund capex reserve, and pay closing costs.

BSP provided an $18.5MM fixed-rate loan on a ~90,000 SF shadow-anchored retail property, located in Spring, TX. The loan was used to acquire the asset and pay closing costs.

BSP provided $15.7MM floating-rate loan on a 137,000 SF suburban office property located in Katy, TX. The loan was used to refinance the asset, fund reserves, future fund a TILC reserve, and pay closing costs.

BSP provided a $41.0MM floating-rate construction loan on an 243-key, dual-branded hospitality property located in Vail, CO. The loan was used to acquire the land, fund hard and soft costs, fund other reserves, and pay closing costs.

BSP provided a $42.3MM floating-rate loan on a 249-unit, garden-style multifamily asset, located in Austin, TX. The loan was used to acquire the asset, future fund capex reserve, and pay closing costs.

BSP provided a $28.5MM fixed-rate loan on a anchored retail asset, located in Trinity, FL. The loan was used to acquire the asset, fund reserves, and pay closing costs.

BSP provided an $27.2MM floating-rate loan on a ~172,000 SF retail property located in Henderson, NV. The loan was used to acquire the asset, fund reserves, future fund reserves for TILC and Capex and pay closing costs.

BSP provided a $41.1MM floating-rate loan on a 218-unit, garden-style multifamily asset, located in Dallas, TX. The loan was used to acquire the asset, fund reserves, future fund capex reserve, and pay closing costs.

BSP provided a $19.0MM senior loan and a co-terminus $1.0MM mezzanine loan encumbering a 65-apartment unit / ~4,400 SF of ground floor commercial space mixed-use asset located in Manhattan (New York, NY). The loan was used to refinance the asset, fund reserves, repatriate equity to the Sponsor and pay closing costs.

BSP provided a $39.5MM floating-rate loan on a 483-unit, garden-style multifamily asset, located in Tyler, TX. The loan was used to acquire the asset, future fund Capex reserve, and pay closing costs.

BSP rovided a $50.9MM floating-rate loan on a 315-key, full service hotel, located in Atlanta, GA. The loan was used to acquire the asset, fund reserves, future fund PIP reserve, and pay closing costs.

BSP provided an $89.5MM senior construction loan and a co-terminus $11.1MM senior mezzanine loan encumbering a to-be-developed, 418-unit, class-A multifamily complex located in St. Johns County, FL. The loan was used to acquire the land, fund construction of the asset and associated infrastructure, fund soft costs, fund reserves and pay closing costs.

BSP provided $19.5MM senior loan and a co-terminus $1.5MM mezzanine loan encumbering a 63-unit, three-property multifamily portfolio located in Manhattan (New York, NY). The loan was used to acquire the asset, fund reserves, future fund Capex and TILC reserve, and pay closing costs.

BSP provided a $13.1MM fixed-rate loan on a 181-key hospitality asset, located in New Orleans MSA (Metairie, LA). The loan was used to acquire the asset, fund PIP reserve, and pay closing costs.

BSP provided a $40.25MM fixed-rate loan on a ~137K+ SF anchored retail property located in Agoura Hills, (Los Angeles County), CA. The loan was used to refinance the existing asset, acquire the adjacent parcel, fund reserves, and pay closing costs.

BSP provided an $39.0MM floating-rate loan on an 250-key limited service hotel located in Ocean City, MD. The loan was used to acquire the asset, fund reserves, future fund capex, and pay closing costs.

BSP provided a ~$11.0MM floating-rate loan on a 170-key, extended stay hospitality property located in Lansdale, PA. The loan was used to acquire the asset, fund reserves, future fund PIP and pay closing costs.

BSP provided an $12.9MM floating-rate loan on a 167-unit, garden-style property located in Memphis, TN. The loan was used to acquire the asset, future fund capex and pay closing costs.

BSP provided a $20.6M floating-rate loan on a 609-pad (624-unit) manufactured housing community, located throughout northeastern Illinois. The loan was used to acquire the asset, fund reserves, fund capex and pay closing costs.

BSP provided an $61.2MM floating-rate loan on an 324-unit, garden-style multifamily property located in Ann Arbor, MI. The loan was used to acquire the asset, fund reserves, future fund capex, and pay closing costs.

BSP provided a $27.9MM floating-rate loan on a 190-unit garden-style multifamily property located in Smyrna, GA. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $34.3MM fixed-rate loan on a ~332,000 SF office property, located in Herndon, VA. The loan was used to refinance the asset, fund TILC, and pay closing costs.

BSP provided a $50.9MM floating-rate loan on a 224-unit mid-rise multifamily property located in Atlanta, GA. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $33.2MM floating-rate loan on a 280-unit garden-style multifamily property, located in San Antonio, TX. The loan was used to acquire the asset, future fund capex, and pay closing costs.

BSP provided an $59.1MM floating-rate loan on an 338-unit, garden-style multifamily property located in Garland, TX. The loan was used to acquire the asset, future fund capex, and pay closing costs.

BSP provided a $38.9MM floating-rate loan on a 348-unit garden-style multifamily property, located in Corpus Christi, TX. The loan was used to acquire the asset, future fund capex, and pay closing costs.

BSP provided a $37.4MM floating-rate loan on a 192-unit garden-style multifamily property located in Jacksonville, FL. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $35.0MM floating-rate loan on a 330-unit garden-style multifamily property, located in Orlando, FL. The loan was used to acquire the asset, future fund capex and pay closing costs.

BSP provided a $46.9MM floating-rate loan on a 314-unit garden-style multifamily property, located in Fort Worth, TX. The loan was used to acquire the asset, future fund capex, and pay closing costs.

BSP provided a ~$63.0MM floating-rate loan on a 309-unit multifamily property located in Charlotte, NC. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a ~$27.7MM floating-rate loan on a ~175,000 SF suburban office property located in Tampa, FL. The loan was used to acquire the asset, fund reserves, future fund capex and TILC and pay closing costs.

BSP provided a $23.2MM floating-rate loan on a 288-unit garden-style multifamily property located in Norcross, GA. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $62.9MM floating-rate loan on a 300-unit mid-rise multifamily property, located in Summerville, SC. The loan was used to acquire the asset, fund reserves, and pay closing costs.

BSP provided a $74.0MM floating-rate senior loan + $10.0MM coterminous mezzanine loan on a 134-unit multifamily property located in New York, NY. The loan was used to acquire the asset, fund reserves, future fund capex to convert the property from hotel to conventional multifamily and pay closing costs.

BSP provided a $17.4MM fixed-rate loan on a ~550K+ SF office property located in Tulsa, OK. The loan was used to refinance the asset, fund an upfront TILC reserve, fund other reserves and pay closing costs.

BSP provided a $49.6MM floating-rate loan on a 466-unit garden-style multifamily project, located in Dallas, TX. The loan was used to acquire the asset, fund reserves, future fund capex reserve for renovations and closing costs.

BSP provided a $32.4MM floating-rate loan on a 266-unit garden-style multifamily property, located in Killeen, TX. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided an $8.5MM fixed-rate loan on an 81-key, hospitality property located in Middleburg, FL. The loan was used to refinance the asset, fund reserves, pay closing costs and repatriate capital to the Sponsor.

BSP provided a ~$18.0MM fixed-rate loan on a ~148K+ SF multi-tenant office property, located in Alexandria, VA. The loan was used to refinance the asset, fund an upfront TILC reserve, fund other reserves and pay closing costs.

BSP provided a $23.3MM floating-rate loan on a 201-unit multifamily property located in Nashville, TN. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $27.4MM floating-rate loan on a 235-unit multifamily property located in Nashville, TN. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $70.1MM floating-rate loan on a 455 unit garden-style multifamily project, located in Pflugerville (Austin suburb), TX. The loan was used to acquire the asset, and fund a meaningful renovation of the asset.

BSP provided a $13.0MM fixed-rate loan on a 135K+ SF retail property located in Salem, OR. The loan was used to acquire the asset, fund reserves, and pay closing costs.

BSP provided a $30.6MM floating-rate loan on a 124-unit, mid-rise multifamily property located in Shoreline, WA. The loan was used to acquire the asset, fund reserves, and pay closing costs.

BSP provided an $88.5MM floating-rate loan on a 389 dwelling unit, mixed-use property located in Washington, DC. The loan was used to acquire the asset, fund reserves and pay closing costs.

BSP provided a $5.4MM fixed-rate loan on a 14K+ SF single tenant investment grade retail property located in Bel Air, MD. The loan was used to acquire the asset and pay closing costs.

BSP provided a $13.6MM floating-rate loan on a 210-unit, garden-style multifamily property located in Pittsburgh, PA. The loan was used to acquire the asset, fund reserves, future fund renovations and pay closing costs.

BSP provided a $19.1MM floating-rate loan on a 247-unit, garden-style multifamily property located in Austin, TX. The loan was used to acquire the asset, fund reserves, future fund capex to convert the properties from hotels to conventional multifamily assets and pay closing costs.

BSP provided a $11.2MM floating-rate loan on a 208-unit, garden-style multifamily property located in Port Huron, MI. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $36.8MM floating-rate loan on a 290-unit (post renovation) multifamily property located in Temple Terrace, Fl. The loan was used to acquire the asset, fund reserves, future fund capex ($13.2MM) and pay closing costs.

BSP provided a $40.1MM floating-rate loan on a 264-unit, garden-style multifamily property located in Kyle, TX. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $16.65MM floating-rate loan on a 228-unit, garden-style multifamily property located in Irving, TX. The loan was used to acquire the asset, fund reserves, future capex and pay closing costs.

BSP provided a $14.5MM floating-rate loan on a 278-unit, garden-style multifamily portfolio located in Copperas Cove and Nacogdoches, TX. The loan was used to acquire the asset, fund reserves, future capex and pay closing costs.

BSP provided a $11.3MM floating-rate loan on a ~200-unit, 3-property multifamily portfolio located in Warner Robins, GA. The loan was used to acquire the assets, fund reserves, future fund capex and pay closing costs.

BSP provided an $27.68MM floating-rate SBL loan on a 272-unit multifamily property located in Arlington, TX. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $21.25MM floating-rate loan on a 156-unit, garden-style multifamily property located in Austin, TX. The loan was used to acquire the asset, fund reserves, future fund capex (~$2.5MM) and pay closing costs.

BSP provided a $17.37MM floating-rate loan on a 202-key, extended-stay/limited-service hospitality portfolio (comprised of two individual assets) located in Waco, TX. The loan was used to acquire the asset, fund a capex reserve, fund shortfall reserve and pay closing costs.

BSP provided an $14.2MM floating-rate loan on a 58-unit multifamily property located in Tampa, FL. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $48.7MM floating-rate loan on a 436-unit, garden-style multifamily property located in Pittsburg, PA. The loan was used to acquire the asset, fund reserves, future fund capex (~$14.6MM) and pay closing costs.

BSP provided a $15.4MM floating-rate loan on a 224-unit, garden-style multifamily property located in San Antonio, TX. The loan was used to acquire the asset, fund reserves, future capex and pay closing costs.

BSP provided a $38.3MM floating-rate loan on a 651-unit garden-style multifamily portfolio comprised of three assets located in Dallas, TX. The loan was used to acquire the asset, fund reserves, future fund a capex reserve and pay closing costs.

BSP provided a $128.9MM senior construction loan and a co-terminus $37.9MM mezzanine loan on a to-be-developed, 844-unit, Class-A multifamily property located in St. John’s, FL. The loan was used to acquire the site, fund construction of the asset and associated infrastructure, fund reserves and pay closing costs.

BSP provided a $7.9MM fixed-rate loan on a 142K SF mixed-use (retail/flex) property located in Orlando, FL. The loan was used to acquire the asset (property acquired all cash in June 2021), fund reserves and pay closing costs.

BSP provided a $42.9MM floating-rate loan on a 220-unit, garden-style multifamily property located in Charleston, SC. The loan was used to acquire the asset, fund reserves and pay closing costs.

BSP provided a $31.9MM floating-rate loan on a 288-unit, A garden-style multifamily property located in Arlington, TX. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $26.5MM floating-rate loan on a 336-unit garden-style multifamily property located in San Antonio, TX. The loan was used to acquire the asset, fund reserves, future fund a capex reserve and pay closing costs.

BSP provided a $10.05MM floating-rate loan on a 200-unit garden-style multifamily property located in Waco, TX. The loan was used to refinance the asset, fund a capex reserve to convert the property to traditional multifamily, fund other reserves and pay closing costs.

BSP provided a $6.87MM fixed-rate loan on a 15K+ SF single tenant investment grade retail property located in Hatillo, Puerto Rico. The loan was used to acquire the asset, fund reserves, and pay closing costs.

BSP provided a $29.5MM floating-rate loan on a 194-unit, newly constructed, Class-A garden-style multifamily property located in Oakwood, GA. The loan was used to acquire the asset, fund reserves, and pay closing costs.

BSP provided an $11.3MM floating-rate loan on a 130-unit garden-style multifamily property located in Greenville, SC. The loan was used to acquire the asset, future fund capex and pay closing costs.

BSP provided a $32.5MM floating-rate loan on a 104-unit student housing property located in Lynwood, WA. The loan was used to pay off a construction loan, fund reserves, pay closing costs and return equity to the Sponsor.

BSP provided a $11.0MM fixed-rate loan on a 141-unit multifamily property located in Hartford, CT. The loan was used to refinance the asset, fund reserves, and pay closing costs.

BSP provided a $17.5MM floating-rate loan on 50-key, full-service hotel located in Savannah, GA. The loan was used to refinance the asset, and pay closing costs.

BSP provided a $40.2MM fully-funded, floating-rate loan on 360-unit, garden-style mulitfamily property located in Orlando, FL. The loan was used to acquire the asset, fund reserves, future fund capex for renovations and pay closing costs.

BSP provided two cross-collateralized mortgage loans with a combined balance of $10.8MM on two investment grade, single-tenant retail properties in Deland, FL and San Tan Valley, AZ. The loan was used to acquire the assets and pay closing costs.

BSP provided a $37.5MM floating-rate loan on a 400-key, full-service hotel located in Orlando, FL. The loan was used to acquire the asset and provide funds for a full-scale renovation in connection with a re-flagging of the hotel.

BSP provided a $22.85MM floating-rate loan on a 244-key, 2005-vintage, hotel portfolio located in Ashburn, VA. The loan was used to acquire the asset, fund reserves, future fund PIP and pay closing costs.

BSP provided a $7.07MM fixed-rate loan on a 99-key, limited-service hotel located in Hilton Head, SC. The loan was used to refinance the asset, fund reserves and pay closing costs.

BSP provided a $15.0MM floating-rate loan on a ~1,500-unit self-storage portfolio located in Summerville and Simpsonville, SC. The loan was used to refinance the asset, fund reserves and pay closing costs.

BSP provided a $27.5MM floating-rate loan on a 171-key, full service hotel property located in New Orleans, LA. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $32.2MM floating-rate loan on a 336-unit garden-style multifamily property located in Corpus Christi, TX. The loan was used to acquire the asset, future fund capex, and pay closing costs.

BSP provided a $14.2MM floating-rate loan on a 191-unit multifamily property located in Union City, GA. The loan was used to acquire the asset, future fund capex, fund other reserves and pay closing costs.

BSP provided a $48.0MM fixed-rate loan on a 176-unit, midrise multifamily property located in Torrance, CA. The loan was used to refinance the asset and pay closing costs.

BSP provided a $30.5MM fixed-rate loan on a ~265,000 SF, office/flex property located in Herndon, VA (Dulles/Washington corridor). The loan was used to refinance the asset, fund an upfront TILC reserve, and pay closing costs.

BSP provided a $13.6MM floating-rate loan on a 251-unit multifamily property located in Houston, TX. The loan was used to acquire the asset, fund an upfront capex reserve, fund other reserves, and pay closing costs.

BSP provided an $8.9MM floating-rate loan on an 80-unit, garden-style multifamily property located in Morrisville, PA. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $12.9MM floating-rate loan on a 200-unit, garden-style multifamily property located in the Corpus Christi MSA. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $7.7MM fixed-rate loan on a 15,660 SF single-tenant retail property located in Bayamón, Puerto Rico. The loan was used to acquire the asset and pay closing costs. C

BSP provided a $12.2MM floating-rate senior loan on a 411-unit garden-style multifamily property located in Amarillo, TX. The loan was used to acquire the asset, fund reserves, future fund capex and pay closing costs.

BSP provided a $12.3MM floating-rate loan on a 236-unit garden-style multifamily property located in Lubbock, TX. The loan was used to acquire the asset, fund reserves, and pay closing costs.

BSP provided a $54.5MM floating-rate loan on a 504-unit garden-style multifamily property located in Houston, TX. The loan was used to refinance existing debt, fund reserves, and pay closing costs.

BSP provided a $55.0MM floating-rate senior loan on a 618-unit garden-style multifamily property located in Houston, TX. The loan was used to acquire the asset, fund reserves, future fund Capex reserves and pay closing costs.

BSP provided a $32.0MM floating-rate whole loan on a 180-key, extended-stay hotel located in Charlotte, NC. The loan was used to refinance the asset, fund an interest reserve, fund other reserves and pay closing costs.

BSP provided a $21.0MM floating-rate loan on a newly developed, Class A, 111-unit apartment property located in St. Louis, MO. The loan was used to payoff existing construction loan, fund reserves, pay closing costs and repatriate capital to the Sponsor.

BSP provided a $48.0MM fixed-rate loan on a ~145,000 SF mixed-use property located in Bethesda, MD. The loan was used to refinance the asset, fund an upfront rollover reserve, fund outstanding TILC, and pay closing costs.

BSP provided a $9.2MM fixed-rate loan on an ~86,000 SF grocery-anchored retail property located in Chapel Hill, NC. The loan was used to acquire the asset, fund reserves, and pay closing costs.

BSP provided a $12.99MM floating-rate loan on a ~150-unit garden-style multifamily property located in Houston, TX. The loan was used to acquire the asset future fund capex and pay closing costs.

BSP provided a $10.9MM floating-rate senior loan + $1.5MM mezzanine loan on a recently renovated, 160-unit garden-style multifamily property located in Tallahassee, FL. The loan was used to refinance existing debt, fund reserves, and pay closing costs.

BSP provided an $18.4MM loan on a 620,000 SF industrial building in Glendale, AZ. The loan was used to acquire the property, fund upfront reserves, fund TI/LC via a future funding facility and cover closing costs.

BSP provided a $14.65MM floating-rate loan on an approximately 300,000 SF cold-storage facility located in Waite Park, MN. The loan was used to acquire the property, fund reserves, and cover closing costs.

BSP provided a $69.8MM floating-rate loan on a 413k SF, Class-A office property located in Morristown, NJ. The loan was used to fund renovations, fund future funding reserves for lease-up and cover closing costs.

BSP provided a $7.2MM floating-rate loan on a newly constructed 78-unit garden multifamily property located in Fort Pierce, FL. The loan was used to refinance the property, fund reserves, cover closing costs and repatriate equity to the Sponsor.