Retail
From single-tenant both investment grade credit ratings to non-investment grade credit ratings, net-leased retail loans on properties to anchored and non-anchored shopping centers, Caffrey & Company will help you achieve your financing goals. We have experience with retail acquisitions, refinancing and development loans. We have available a variety of loan structures for retail properties including 10-year balloon mortgages, long-term fully amortizing loans, and loans with interest only components. Caffrey & Company's experience will ensure that you obtain the financing appropriate for your needs.
If you are involved in a 1031 tax-free exchange, our lenders can help you work through and meet the specific time constraints inherent in these transactions.
For properties that are either underperforming or still in the lease-up phase, Caffrey & Company can structure financing combinations that allow greater leverage and provide earn-out provisions when operating goals are achieved. Need non-recourse loans we can help.
Recent Anchored Retail Transactions
Anchored Retail
$6,500,000
Parkville Commons
Parkville, Missouri
$14,200,000
Current Rates (02/03/2012)
- Apartments 4.19%
- Mobile Home Park 4.44%
- Anchored Retail 4.29%
- Non-Anchored Center 4.54%
- Single Tenant Retail 4.34%
- Office 4.54%
- Industrial / Flex 4.44%
- Self-Storage 4.74%
- Medical Office 4.44%
- Hotel 4.94%
- Owner Occupied 4.14%
- Land 10.94%
- Other 5.69%
Rates are based on a $2 million loan, 25 year amortization, 10 year fixed rate term. For apartment complexes, a 30 year amortization is available.
Current News
Off to a Good Start for the Year
The employment report for January showed that 243,000 jobs were added with the unemployment rate declining slightly to 8.3 percent.
Less Strength Than Meets The Eye
Real GDP grew at a 2.8 percent annualized rate during the fourth quarter, but the underlying data show the economy has less momentum going into 2012.