Brought Bridge to HUD solution for one of our strong MF Sponsors. For a portfolio of two MF properties (500 units) at a deal size of $62M. We were able to secure an extremely attractive bridge loan at 85% LTV, with an all-in rate coupon of 4%, full IO, with only a .25% lender origination fee. We ran the HUD process in parallel and will have the bridge loan until the HUD is funded and will refinance out the bridge. This was a particularly unique deal because Kay Finance actually introduced the deal to our client knowing that this may be an off market opportunity that would suit this particular sponsor.