Fed Postpones Plans to Taper; Economy Growing at Slower than Expected Pace

10.30.2013

The featured loan for the week of October 30, 2013 is for a 2,747 square foot fast food restaurant in Huber Heights, Ohio. The $1,030,000 loan at 70% loan-to-value is fixed for 7 years with a 30-year amortization schedule and prepayment penalty for only 3 years. The NNN lease has 13 years remaining. For more information, click here....

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Recently Arranged Non-Recourse Multifamily Loan at 70% LTV

10.23.2013

The loan of the week for October 23, 2013 is for a 33-unit multifamily building in Oakland, California. The $1,834,000 non-recourse loan is fixed for 7 years at 4.850% with a step-down prepayment penalty for 5 years. To read more, click here....

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Senate Agrees to Reopen Government & Raise Debt Ceiling, House to Vote this Afternoon

10.16.2013

The loan of the week for October 16, 2013 features a 5,400 square foot mixed use building in San Francisco, California. The $500,000 loan is fixed for 5 years at 4.250% with a 30-year amortization schedule. To learn more, please click here....

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3.95% Fixed for 5 Years on Industrial Complex in Richmond, CA

10.09.2013

The Rincon Group recently arranged financing for a 30,982 square foot industrial complex in Richmond, California. The $2,275,000 loan is fixed for 5 years at 3.950% with a 25-year amortization schedule. 21 of the 24 tenants are also on month-to-month leases. To learn more, click here....

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Bond Market Remains Steady Despite Government Shutdown

10.03.2013

The loan of the week for October 2nd features a 24-unit multifamily complex in Berkeley, California. The rate and term refinance is fixed at 3.680% for 5 years. Read More...

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