10-Year Treasury Yield Dips Due to Lackluster Earnings Reports
07.23.2015
For July 23, 2015, the loan of the week features a 11-unit multifamily in Oakland, California. The $1.18 million loan was for a purchase transaction and closed in 35 days. It is fixed for five years at 3.710% and has a five-year step-down prepayment penalty. Click here to read more on this and upcoming market movers....
Secured $7.85MM Construction Financing for Self-Storage Facility
07.09.2015
The loan of the week for July 9, 2015 features a 100,000 square foot self-storage facility in Newark, California. The $7,850,000 loan iss for ground-up construction and has an interest rate of the 30-day LIBOR plus 2.90%, which is 3.09% today. The loan has a three-year term with two twelve-month extensions. To read more about this and other interest rate news, click h...
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