Bernanke to Speak Tomorrow & Release Beige Book

07.16.2013

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%

07.09.2013

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

07.02.2013

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

06.25.2013

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

06.18.2013

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

06.11.2013

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.