Arranged $2.2MM Financing for San Francisco Office Building

02.25.2016 photo

The loan of the week for February 25, 2016 features a 8,050 square foot office building in San Francisco, California, whose tenants include a medical cannabis dispensary. The $2,200,000 loan has an adjustable interest rate (starting at 4.008%) and a 2-year step-down prepayment penalty. Read more about this and upcoming market movers in this week’s newsletter!...

10-Year Treasury Yield Drops to Lowest Level Since August of 2012

02.11.2016 20160211

The loan of the week for February 11, 2016 features a 56-unit multifamily in Rohnert Park, California. The $5,800,000 non-recourse loan is fixed for ten years at 4.660% with interest-only payments for the full term. Click here for more information about this and current multifamily lending rates....

Arranged $6.3MM Bridge Financing for Hayward Multifamily

02.04.2016 20160204

The loan of the week for February 4, 2016 features a 58-unit multifamily in Hayward, California. The $6,300,000 bridge loan has a 24-month term and was 75% loan-to-project-cost. It is set to LIBOR plus 2.25% with no interest rate floor. To learn more about this loan and other finance news, click here....