Bernanke to Speak Tomorrow & Release Beige Book


Ben Bernanke, chairman of the Federal Reserve, will be testifying before the House Financial Services Committee tomorrow. Later in the day, the Beige Book will be released, which is a report on economic conditions that is used at FOMC meetings to set interest rate policy.

70% LTV for Mobile Home Park, 7-Year Fixed at 4.00%


The loan of the week for July 9, 2013 is a mobile home park with 38 spaces in Ukiah, California. The $1,050,000 loan is fixed for 7 years at 4.000%.

Fixed for 10 Years at 4.32%, Non-Recourse


The loan of the week for July 2, 2013 includes a 32-unit apartment in San Rafael, California. The $3,250,000 non-recourse loan is fixed for 10 years at 4.320%.

Recently Financed $3.675MM Loan, 7-Year Fixed at 4.00%, Non-Recourse


The week of June 25, 2013 features a 21-unit apartment complex in Oakland, California. The $3,675,000 loan is non-recourse and fixed for 7 years at 4.000%.

Tomorrow’s Fed Announcement to Impact Lending Rates


On June 19, 2013, the Federal Reserve will announce the results of its two-day policy meeting. To learn more about its repercussions.

5-Year Fixed at 3.25%, Up to 75% LTV


For the week of June 11, 2013, the loan of the week features a 12-unit multifamily in San Bruno, California. The $1,380,000 loan is fixed for 5 years at 3.650% with a 3-year prepayment penalty.