Recently Financed $3.675MM Loan, 7-Year Fixed at 4.00%, Non-Recourse

06.25.2013

The week of June 25, 2013 features a 21-unit apartment complex in Oakland, California. The $3,675,000 loan is non-recourse and fixed for 7 years at 4.000%. The refinance was under application with the lender while units were being renovated. For more details, click here....

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Tomorrow’s Fed Announcement to Impact Lending Rates

06.18.2013

On June 19, 2013, the Federal Reserve will announce the results of its two-day policy meeting. To learn more about its repercussions, click here. The Rincon Group’s loan of the week features a 8,448 square foot single-tenant retail property in Dallas, Texas. The $1,950,000 loan is fixed for 10 years at 4.750% with a 25-year term and 25-year amortization period....

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5-Year Fixed at 3.25%, Up to 75% LTV

06.11.2013

For the week of June 11, 2013, the loan of the week features a 12-unit multifamily in San Bruno, California. The $1,380,000 loan is fixed for 5 years at 3.650% with a 3-year prepayment penalty. It is 70% loan-to-purchase price and non-recourse. Click here to read more....

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