Recently Secured 10-Year Fixed at 4.88% for Net Leased Rite Aid

01.22.2014

The loan of the week for January 22, 2014 features a 13,824 square foot NNN Rite Aid in Charlotte, North Carolina. The $2,700,000 loan is fixed for 10 years at 4.875% with a 25-year term and 25-year amortization period.

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New Adjustable Rate Portfolio Program with 8.10% Life Cap

01.16.2014

The loan of the week for February 16, 2014 features a 71-unit multifamily in Pleasant Hill, California. The $7,000,000 loan has a $700,000 earn-out provision and is fixed for 5 years at 3.925%.

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10-Year Treasury Yields Up 5 Bps Since the Beginning of December

01.08.2014

The loan of the week for January 8, 2014 is a cash-out refinance for a 11-unit multifamily in Berkeley, California. The $1,300,000 loan is fixed for 5 years at 3.711% with a 3-year step-down prepayment penalty of 3%, 2%, 1%, then 0%.

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New 15-Year Fixed Rate Program Starting at 4.85% with Step-Down Penalty

12.18.2013

The Rincon Group is featuring a new lender program with a 4.850% 15-year fixed rate and step-down prepayment penalty for 3 years. The loan of the week is a $937,500 loan that is fixed for 5 years at 3.800%. The 8-unit multifamily was located in Berkeley, California.

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Recently Secured $6.8MM Loan for 84-Unit Multifamily in Santa Rosa

12.12.2013

This week's featured loan is a $6.8 million rate and term refinance of a 84-unit multifamily in Santa Rosa, California. The loan was fixed for 5 years with a 30-year amortization schedule and a step-down prepayment penalty for 3 years.

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$2MM Cash-Out Refinance, Fixed for 5 Years at 3.80%

12.04.2013

The loan of the week for December 4, 2013 features a cash-out refinance for a 18-unit multifamily in Oakland, California. The $2,000,000 loan is fixed for 5 years at 3.800% with a 30-year term and amortization schedule.

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