The loan of the week for September 25, 2013 features a mixed use building in San Francisco, California. The $950,000 loan is fixed for 5 years at 4.250% with a 30-year amortization schedule. To read more, click here.
On Wednesday afternoon, the Fed announced plans to stick with its bond-buying strategy, which caused the S&P 500 to end the day at a record high and the 10-year Treasury yield to drop 0.16%. More Information The loan of the week features a 6-unit multifamily building with brick foundation in San Francisco, California. The $1.04…
The featured loan for the week is fixed for 7 years at 4.125% with interest-only payments for the first 5 years and a 2-year prepayment penalty. The $1.4MM loan is for a 9-unit multifamily complex in Los Angeles, California. Read More
For the week of September 4, 2013, the featured $2,170,000 loan is fixed for 5 years at 3.67% with a 30-year amortization schedule & 30-year term. The loan for the 15-unit multifamily building in Berkeley, California closed in 40 days. For more information, click here.