Category: Interest Rates
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Will Northern Colorado Apartment Sales Rebound in 2019?
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The multifamily market is incredibly hot – all over the country! So why is it that 2018 was the slowest transaction year since the great recession in Northern Colorado. Larimer and Weld Counties combined for only 46 transactions of properties 4 units and up. Only one property with more than 100 units sold all…
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Terrix Financial Apartment Financing Rates 3/17/11
Happy St. Patrick’s Day- Due to recent world events we are seeing a reduction in rates as treasuries are down quite a bit. Below are today’s rates for select apartment loan programs – all loans are a case-by case basis. Loans ~$3,000,000+ 5/30 4.52% 7/30 5.12% 10/30 5.49% 75-80% LTV, cash-out okay, non recourse, assumable,…
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Terrix Apartment Financing Rates 08/31/10
So far in 2010 we have closed 10 apartment loans totaling approximately $48,000,000, and we have a few in closing right now. Below are today’s rates for select apartment loan programs. Loans ~$3,000,000+ 5/30 3.93% non recourse7/30 4.30% non recourse10/30 4.67%% non recourse70-80% LTV, cash-out okay, non recourse, assumable, can do supplemental financing in future…
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Terrix Apartment Financing Rates 08/04/10
Rates are still incredibly low right now. Unbelievably low. Below are today’s rates for select apartment loan programs – all loans are a case-by case basis. Loans ~$3,000,000+ 5/30 4.04% non recourse7/30 4.53% non recourse10/30 4.96%% non recourse70-80% LTV, cash-out okay, non recourse, assumable, can do supplemental financing in future to leverage back up for…
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Terrix Apartment Financing Rates 07/28/10
Rates are still incredibly low right now. Below are today’s rates for select apartment loan programs – all loans are a case-by case basis. If you have any clients who bought a property for a long term hold and have a balloon coming up in the next 2 years – now is the time to…
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Terrix Apartment Financing Rates 07/13/10
Rates are incredibly low right now. Below are today’s rates for select apartment loan programs – all loans are a case-by case basis. Loans ~$3,000,000+ 5/30 4.44% non recourse7/30 4.89% non recourse10/30 5.20% non recourse70-80% LTV, cash-out okay, non recourse, assumable, can do supplemental financing in future to leverage back up for a buyer (combined…
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Terrix Apartment Financing Rates 04/19/10
Rates are down a little recently. Below are today’s rates for select apartment loan programs – all loans are a case-by case basis. Loans ~$2,500,000+ (DUS Fannie)5/30 4.85% non recourse7/30 5.42% non recourse10/30 5.70% non recourse70-80% LTV, cash-out okay, non recourse, assumable, can do supplemental financing in future to leverage back up for a buyer…
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Terrix Apartment Financing Rates 03/01/10
Liquidity is making its way back to the commercial lending marketsLife insurance companies Terrix Financial represents are looking to lend more in 2010.Conduit (CMBS) loans are available over $10,000,000. Apartment Rates:5.02% fixed for 5 years, 5.94% fixed for 10 years up to $3,000,0004.80% fixed for 5 years, 5.72% fixed for 10 years above $3,000,000Up to…
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Terrix Apartment Financing Rates 02/18/10
Below are today’s rates for select apartment loan programs – all loans are a case-by case basis. Loans ~$3,000,000+ (DUS Fannie)5/30 4.81% non recourse7/30 5.46% non recourse10/30 5.76% non recourse70-80% LTV, cash-out okay, non recourse, assumable, can do supplemental financing in future to leverage back up for a buyer (combined with the assumption this avoids…
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Commercial & Multi-Family Financing Commentary
from Essex Financial Group in Denver Commercial & Multi-Family Financing Commentary – February 2010 The 2010 Mortgage Bankers Association conference in early February was very encouraging compared to a year ago. Following are the key “take-aways” for commercial real estate investors: LIFE COMPANY NON-RECOURSE FINANCING * The “relative value” of yields on alternative fixed income…