Secured Financing for Multifamily Property in Santa Clara, CA

08.15.2019

The loan of the week for August 15, 2019 features a purchase of a 16-unit multifamily property located in Santa Clara, CA. The loan is fixed at 4.35% for 10 years, with a favorable step-down prepayment penalty and 3 years interest only payments. For more information on this and upcoming market movers, click here to read our weekly newsletter. Mr. Wright works with s...

The Two Words from Jerome Powell that Rocked the Financial Markets

08.01.2019

Stocks cratered, the dollar hit a more than two-year high and bond yields ripped higher after Fed Chairman Jerome Powell suggested that policymakers were not embarking on a new cycle of rate cutting, after it trimmed the fed funds rate by a quarter point Wednesday. Read more.  ...