Not every Commercial Real Estate project is a bank deal – Rate’s in the 3’s, 70-75% LTV, Non-Recourse. Many deals have hurdles that carry additional risks and require out-of-the-box thinking both for the sponsor and the lender. A construction deal may be $1M over budget and the local credit union may not want to extend additional draw proceeds due to leverage constraints, but the project is 75% complete and the sponsor needs to see the project through completion to meet inves