Author: nocoapadmin
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Terrix Financing Rates 09/30/09
Loans $2,000,000+5/30 4.91% non recourse7/30 5.32% non recourse10/30 5.49% non recourse70-80% LTV, cashout okay, non recourse, assumable, can do supplemental financing in future to leverage back up for a buyer (combined with the assumption this avoids the prepay penalty)Subtract ~20 bps for less than 65% LTV and 1.35+ DCR Loans ~$750,000* to $2,000,000+5/30 5.19% recourse7/30…
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Terrix Financing Rates 09/21/09
Apartments continue to be the least difficult type of property to finance.Below are today’s rates for select apartment loan programs. Loans $2,000,000+5/30 4.99% non recourse7/30 5.47% non recourse10/30 5.65% non recourse70-80% LTV, cashout okay, non recourse, assumable, can do supplemental financing in future to leverage back up for a buyer (combined with the assumption this…
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Center Partners adding 500 employess
By 9 News • September 19, 2009 Fort Collins-based Center Partners is hiring 500 new employees. Since August, the company has hired 200 employees and is planning to add 500 more. A successful sales campaign in June allowed Center Partners to add 700 positions. Michelle Entwistle, a recruiter with Center Partners, said positions start at…
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CSU sets record enrollment
Coloradoan – By Coloradoan staff • September 18, 2009 Colorado State University set a new record for enrollment this fall with 25,413 students, including 21,204 undergraduates, 3,671 graduate students and 538 professional veterinary medicine students. This is an increase of 1.6 percent from last year’s total enrollment of 25,011. A total of 4,285 new freshmen…
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How to Negotiate a Lease Buyout
From: AAOAQ: One of my tenants would like to get out of his yearlong lease, which has eight months left. I understand that he remains liable for the whole rent until I re-rent the unit, but he’s approached me with a different proposition. He wants to negotiate a buyout, right now, so that he won’t…
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Terrix Financing Rates 09/14/09
Rates are low!!!! Apartments continue to be the least difficult type of property to finance.Below are today’s rates for select apartment loan programs. Loans $2,000,000+5/30 4.90% non recourse7/30 5.37% non recourse10/30 5.58% non recourse70-80% LTV, cashout okay, non recourse, assumable, can do supplemental financing in future to leverage back up for a buyer (combined with…
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Terrix Financing Rates 09/03/09
Apartments continue to be the least difficult type of property to finance.Below are today’s approximate rates for select apartment loan programs. We do have other options for different scenarios. Loans ~$3,000,000+5/30 5.00% non recourse7/30 5.50% non recourse10/30 5.75% non recourse70-80% LTV, cashout okay, non recourse, assumable, can do supplemental financing in future to leverage back…
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Colorado Health Public Awareness – H1N1
Letter from the Colorado Department of Public Health and Environment urging businesses to prepare for the impact of H1N1 now. Contacts: Lori Maldonado Deputy Director, Office of Communications 303-692-2028 Businesses Encouraged to Follow Updated Guidelines to Protect Against H1N1 and Seasonal Influenza DENVER- The Colorado Department of Public Health and Environment today urged businesses to…
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Testing for Asbestos in Popcorn Ceiling
From AAOA. Barry Stone, Inman News DEAR BARRY: We just learned that the “popcorn” ceiling in our home contains asbestos. Unfortunately, we already removed it from two rooms and did not follow the recommended procedures to prevent air contamination. Instead, we scraped the ceilings while they were dry, which made a lot of dust. Then…
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NMHC Pandemic Flu Resource Center
The National Multi Housing Council has provided a great pandemic resource center for apartment owners. You can find these resource at the URL location below: NMHC Pandemic Flu Resource Center