Lender Information
Caffrey & Company LLC strives to provide complete customer satisfaction by offering a spectrum of financing options to achieve the result our client is seeking. Whether the primary objective is maximizing the loan dollars available; obtaining the lowest possible interest rate; or maintaining the maximum in flexibility in terms of prepayment; we work for you to determine the proper source of financing for your project.
We have relationships with over 35 major national lenders to provide a wide range of financing alternatives. Our financing sources include:
- Life Insurance Companies
- Conduits also known as Commercial Mortgage Backed Securities originators
- Pension Funds
- National and Regional Banks
- Special Finance Companies
- Hard Money Lenders
- Private Money Funds
We pride ourselves on providing creative solutions to complex issues. We specialize in recognizing the unique attributes of each transaction and matching it with the appropriate lender and structure.
Current Rates (07/30/2010)
- Apartments 4.84%
- Mobile Home Park 5.04%
- Anchored Retail 5.49%
- Non-Anchored Center 5.14%
- Single Tenant Retail 5.09%
- Office 5.14%
- Industrial / Flex 5.04%
- Self-Storage 5.44%
- Medical Office 4.94%
- Hotel 6.94%
- Owner Occupied 4.94%
- Land 8.94%
- Other 6.69%
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
The Second Quarter Ended on a Soft Note
The economic data out of Europe also brightened significantly, reducing market fears of a double-dip in Europe.