Casa Royal Apartments

Location: Kansas City, Missouri
Amount: $995,000
Property Type: Apartments
Loan Type: 5-year adjustable
Loan Term: 10
 
Caffrey & Company placed 10-year term loan with a 20-year amortization on this apartment complex. The loan initial rate was at 5.50% for the first 5-years then adjusts to a slightly higher rate with prepayment penalties burned off at year 3. The $995,000 loan represented a 63% loan to value.

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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Sample Transactions

Casa Royal Apartments
Kansas City, Missouri
$995,000

 

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