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 (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.