Author: nocoapadmin
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Terrix Financing Rates 08/17/09
Rates are down!! When was the last time you saw a fixed rate starting with a 4?? Apartments continue to be the least difficult type of property to finance.Below are today’s rates for select apartment loan programs. We do have other options for different scenarios. Loans ~$2,000,000+5/30 4.94% non recourse7/30 5.41% non recourse10/30 5.61% non…
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Asset Manager vs. Property Manager
from the Property Management section of ApartmentExperts blog I was interviewed by a potential client last week and one of the first questions that he asked me was: “How do you perceive the management style of your company? In other words, if I were to hire you, what do I tell people your company does…
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Terrix Financing Rates 07/20/09
Below are today’s rates for select apartment loan programs. We do have other options for different scenarios. Loans ~$2,000,000+5/30 5.25% non recourse7/30 5.67% non recourse10/30 5.89% non recourse Loans ~$750,000 to $2,000,000+5/30 5.63% recourse7/30 6.07% recourse10/30 6.32% recourse Loans $500,000 to $2,000,0003/30 6.25% recourse, low cost, flexible prepay5/30 6.625% recourse, low cost, flexible prepay7/30 6.75%…
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Tenant Complaint Strategies
by Michael Monteiro Whether you’re dealing with a tenant who files complaints rarely or frequently, due diligence is always essential. Tracking and addressing tenant complaints in a timely manner is important not only for keeping your tenants safe and happy, but also for protecting yourself and your property in the long run. 1. Encourage tenants…
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2009 Best Live/Work Cities for Young Professionals
From HR UniversePosted by S. Caron, June 11th, 2009 FORT COLLINS IS #1 Where are the best places for young professionals to live and work? That’s what Next Generation Consulting’s Next Cities ranking look at. Ranked in three population categories, cities are analyzed on 45 measures. “Simply being the cheapest place to live, or the…
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Terrix Financing Rates 07/16/09
From Terrix Financial: BEST CURRENT RATES APARTMENTS up to $3,000,000 5 year 5.13%, 10 year 5.78% up to 80% LTV APARTMENTS over $3,000,000 5 year 4.97%, 10 year 5.60% up to 80% LTV COMMERCIAL 5 year 6.00%, 10 year 6.625% up to 75% LTV 25-30 Year AmortizationStep Down PrepaymentLow Closing Costs
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State Economy Outpacing Nation, says S&P
from NCBR Colorado’s economy is outpacing the nation, according to a new report from ratings agency Standard & Poor’s. The report cites the state’s “better-than-average” income level, employment and population growth as reasons the recession hasn’t taken as big of a toll in the state as other parts of the country. “Echoing national trends, the…
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NoCo towns among state’s fastest growing
from NCBR – NoCo towns among state’s fastest growing WASHINGTON, D.C. – Towns in Larimer and Weld counties saw some of the highest population growth in the state from 2007 to 2008, according to the latest data from the U.S. Census Bureau. Mead was the fastest growing municipality in the state, based on population estimates…
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Colorado unemployment lowest in Boulder, Fort Collins-Loveland
from NCBR WASHINGTON, D.C. – The unemployment rate in Fort Collins-Loveland and Boulder were the lowest in the state for May, as measured by the U.S. Bureau of Labor Statistics. A report released Tuesday showed the Boulder metropolitan area with the lowest unemployment rate at 6 percent, up from 5.8 percent in April. The Fort…
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Terrix Financing Rates 06/29/09
Fannie Rates are down today compared to last week. Below are rates for various apartment loan programs. Please keep in mind Terrix also has other non-traditional/non-apartment specific sources for apartment lending. Loans about ~$2,000,000+5 yr – 5.14%7 yr – 5.55%10 yr – 5.73%Non-recourse Loans ~$750,000 to $3,000,0005 yr – 5.44%7 yr – 5.82%10 yr –…