Recent Financial News

Harvey and Irma Push Up Inflation and Retail Sales

10/16/2017 — Higher gasoline prices and replacing storm-damaged property put upward pressure on the CPI and retail sales in September.

Hurricanes Harvey and Irma Blow Payrolls Off Course

10/09/2017 — Nonfarm payrolls contracted for the first time since 2010 as Hurricanes Harvey and Irma disrupted work and routine hiring.

Housing Data Slide, but Factory Sector Firms

10/02/2017 — U.S. housing data released this week came in on the soft side, as new home sales and pending home sales were both weakerthan-expected.

Balance Sheet Plan Commences in October

09/27/2017 — The FOMC announced this week that it will start balance sheet normalization in October.

Slight Firming in Inflation Ahead of FOMC Meeting

09/18/2017 — After three months of lower-than-expected inflation readings, the CPI came in higher than expectations.

That’s Great it Starts With an Earthquake

09/11/2017 — The economy took a backseat to the simultaneous approach of three hurricanes in the Atlantic basin and a magnitude 8.1 earthquake off the coast of Mexico.

Slower Trend in Hiring but Consumers Still Confident

09/05/2017 — Employers added 156,000 new jobs in August, while the unemployment rate ticked up to 4.4 percent.

Housing Sales are Constrained by Inventories

08/28/2017 — With a data calendar on the lighter side, current housing market conditions took center stage.

U.S. Economic Data Mixed This Week-

08/21/2017 — Retail sales provided the most positive piece of economic news in the United States this week.

Inflation Still Soft in July

08/14/2017 — The economic calendar was on the sparse side this week, the most important item being this morning’s CPI update on the inflation picture, which was softer than expected.

Labor Market Dodges Summer Slowdown

08/07/2017 — Flat June readings for real spending and headline PCE inflation capped a ho-hum first half for the consumer and price growth.

The U.S. Economy Rose 2.6 Percent in Q2

07/31/2017 — The first look at economic growth in the second quarter came in at 2.6 percent, boosted by strong performances in personal consumption, nonresidential investment and trade.

Key Economic Indicators Mixed in June

07/17/2017 — All eyes were on Chair Janet Yellen this week as she gave testimony at the Semiannual Monetary Policy meeting to Congress.

Consumer Remains on Solid Footing

07/03/2017 — There were two key takeaways from economic data released this week.

Buckle Up for the Oil Price Roller Coaster Ride

06/26/2017 — Brent crude oil, the international benchmark, and West Texas Intermediate (WTI) fell below $45 per barrel during the week amid renewed angst about persistent oversupply.

Monetary Policy in a Less Data-Dependent World

06/19/2017 — The FOMC raised its short-term target rate 25 basis points at its June meeting to 1.0–1.25 percent, and published an addendum to lay the foundation for normalizing the Fed’s balance sheet despite a recent weakening trend in inflation.

Calm Before the Storm-

06/12/2017 — It was a quiet data week in the United States before a slew of economic data and events next week, including a highly anticipated Federal Open Market Committee meeting.

Economic Data Point Toward a Stronger Q2

06/05/2017 — The May nonfarm payroll report showed an additional 138,000 jobs added to the U.S. labor market with the unemployment rate declining to 4.3 percent.

Quieter Week Reiterates Generally Solid Fundamentals

05/30/2017 — New information released this week pertaining to the housing market showed that sales of new and existing sales slipped in April after getting an early start to a very robust spring selling season.

Economic Data Offer Mixed Signals-

05/22/2017 — Industrial production, a key barometer for the manufacturing sector, jumped 1.o percent in April, surpassing expectations for a more modest increase.

Mixed Signals on Inflation to Start Q2

05/15/2017 — Survey data from businesses suggest that the labor market continues to tighten.

The Economic Narrative Carries into Q2

05/08/2017 — The ISM manufacturing index dipped in April but remained firmly in expansionary territory, while its services counterpart rose to a solid 57.8 reading.

Q1 Growth Comes in a Paltry 0.7 Percent

05/01/2017 — Residual seasonality likely deserved some of the blame in the weak numbers in this morning’s Q1 GDP report, and the slowdown in personal consumption was also a major factor.

The Expansion Plods Along in a Quiet Data Week

04/24/2017 — Housing market data were generally mixed this week, with builder confidence and housing starts declining while existing home sales rose.

The Hard Data Looks a Bit Soft

04/17/2017 — Headline retail sales fell in line with expectations in March, while February’s already soft print was revised lower.

Contact Caffrey & Company

11225 College Blvd., Suite 125
Overland Park, KS 66210
Telephone: (913) 402-7077
Mike@Caffreyloans.com

 

Current Rates (10/12/2017)

  • Apartments 4.26%
  • Mobile Home Park 4.26%
  • Anchored Retail 4.49%
  • Non-Anchored Center 4.79%
  • Single Tenant Retail 4.39%
  • Office 4.79%
  • Industrial 4.44%
  • Self-Storage 4.59%
  • Medical Office 4.34%
  • Hotel 4.69%
  • Owner Occupied 4.34%
  • Land 6.84%
  • Other 5.09%

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.

 

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