10-Year Treasury Yield Drops 0.38% Since September

10.23.2014 20141022

The loan of the week for October 23, 2014 features a 24,552 square foot office building in Concord, California. The $2.9 million loan is fixed for 5 years at 4.10% with a 30-year amortization schedule at 66% loan-to-purchase-price. For more information, click here....

New Bank Bridge Product, Limited Debt Coverage Requirements, 4.75% Interest-Only Rate

10.08.2014 20141008

The loan of the week features an eight-unit condominium complex in Los Angeles, California. The property is condo-mapped and the $2.84 million loan includes partial release clauses. It is fixed for five years at 3.950% with a two-year prepayment penalty. For more information, click here....

New Multifamily Loan Program – 80% LTV, Non-Recourse, and Competitive Fixed then Floating Rates

10.02.2014

One of The Rincon Group’s lenders debuted a new financing program for multifamily nationwide. The program features non-recourse and maximum 80% loan-to-value for loan amounts between $1 million and $5 million. The loans can be fixed for five, seven, or ten year periods with a 20-year term and 30-year amortization schedule. Interest-only payments are also availab...