Secured 5-Year Fixed at 3.50% for Long Beach Multifamily

06.19.2014

For June 19, 2014, the loan of the week features a 8-unit multifamily in Long Beach, California. The $780,000 loan is fixed for 5 years at 3.500% with a 30-year term, fully amortizing.

Recently Financed $5.3MM Loan with 3 Years of Interest-Only

06.11.2014

The featured loan of the week for June 11, 2014 is for a 59-unit multifamily in Santa Rosa, California. The $5.3 million loan is non-recourse with 3 years of interest-only payments, followed by a 30-year amortization schedule.

10-Year Treasury Yield Dips to Lowest in 11 Months

05.29.2014

For May 29, 2014, the loan of the week is for a 3,144 square foot NNN building in Red Wing, Minnesota. The $755,000 loan is fixed for 5 years at 4.440% with a 25-year amortization schedule and 10-year term.

New 10-Year Fixed Program with 5 Years Interest-Only

05.21.2014

The loan of the week for May 21, 2014 features a 2,474 square foot NNN fast food restaurant in Theodore, Alabama. The $1,150,000 loan is fixed for 5 years at 4.360% with a 30-year amortization schedule and 70% loan-to-value.

Today’s 10-Year Treasury Yield Drops to a 6-Month Low

05.14.2014

This week's featured loan is for a 2,700 square foot NNN fast food restaurant in White Hall, Arkansas. The $1.36 million loan is fixed for 5 years at 4.450% with a 30-year amortization schedule and no prepayment penalty.

Fed Remains Optimistic Despite Concern for the Housing Market

05.07.2014

The loan of the week for May 7, 2014 features a 5,415 square foot mixed use building in Berkeley, California. The $750,000 cash-out refinance was closed in 30 days and is fixed for 5 years at 3.950% at 75% loan-to-value.