Recent media has been claiming that with the pullback by the banks from residential development lending the non-banks, such as GPS, will rise, fill the funding hole and cause a... read more →
GPS is largely a “word of mouth” business. Funds come from our direct investor base and we rely on referrals for growth in funds under management. Every referral we receive is... read more →
It never ceases to amaze me how some borrowers are so fixated on interest rate, that they are blind to the real cost of construction finance. When looking at the... read more →
The banks requiring 100% (or more) debt coverage from presales has seen an influx of traditional bank customers approaching private lenders to fund their projects. I find it quite perplexing... read more →
