Transaction: Construction and “Mini-Perm”
Loan Amount: $2,785,000
Interest Rate: Adjustable rate during construction, then 10-year fixed @ UST + 3.00%
Amortization: Interest only for 27 months, then 25 years
Recourse: Full
Transaction: Acquisition
Loan Amount: $2,280,000
Interest Rate: 4.20% fixed for 5 years
Amortization: 30 years
Recourse: Full
Transaction: Acquisition
Loan Amount: $6,666,586
Interest Rate: 4.97% fixed for 7 years
Amortization: 25 years
Recourse: Full
Transaction: Acquisition
Loan Amount: $975,000
Interest Rate: 5.00% fixed for 5 years
Amortization: 25 years
Recourse: Full
Transaction: Refinance life insurance company loan
Loan Amount: $1,150,000
Interest Rate: 4.50% fixed for 3 years
Amortization: 20 years
Recourse: Full
Transaction: Construction
Loan Amount: $8,000,000
Interest Rate: Prime + 0.50% for 2 years, then fixed rate options
Amortization: Interest only for 2 years, then 23 years
Recourse: Full
Transaction: Refinance CMBS loan
Loan Amount: $2,400,000
Interest Rate: 4.50% fixed for 5 years
Amortization: 25 years
Recourse: Full