Sample Properties

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Apartments

Westwood Apartments

Westwood Apartments
Albany, Georgia
$5,700,000
Non-recourse
10--year term

 
Heatherwood Apartments

Heatherwood Apartments
Overland Park, Kansas
$2,560,000
30 Year Amortization
10 Year Term

 
Willowwind Apartments

Willowwind Apartments
Kansas City, Missouri
$3,360,000
Allowed Seller carry-back, Non-recourse
5 Year Term

 
Apartment Complex

Apartment Complex
$970,000
Seller carry-back,
10 year term

 
Multi-Family Housing

Multi-Family Housing
$10,700,000
Interest only period, Non-recourse
10 year term

 
Apartment Complex

Apartment Complex
Kansas City, Missouri
$1,400,000
Fully amortizing
30 year term

 
Condo Conversion

Condo Conversion
$1,500,000
Floating, Interest Only
3 year term

 
Apartment Complex

Apartment Complex
$1,600,000
Non-recourse
10 year term

 

Mobile Home Park

Mobile Home Park

Mobile Home Park
Maine
$1,800,000
Non recourse
10 year term

 

Anchored Retail

Anchored Retail

Anchored Retail
$6,500,000
Non recourse
10 year term

 
Parkville Commons

Parkville Commons
Parkville, Missouri
$14,200,000
Tax incentives, Non-recourse
10 year term

 

Non-Anchored Center

Club LaFemme

Club LaFemme
Overland Park, Kansas
$2,600,000
Mixed Use, No Pre-Payment
5 year term

 
Mimi's Cafe, Taco Bell

Mimi's Cafe, Taco Bell
Kansas
$4,600,000
80% loan to value, 10 year term and 30 year amortization with typical non-recourse loan terms.
10-Year Term

 
Retail Center

Retail Center
Johnson County, Kansas
$7,400,000
10 year term

 
Unanchored retail center

Unanchored retail center
$5,310,000
Non-recourse
10 year term

 
Unanchored retail center

Unanchored retail center
$5,300,000
Non-recourse
10 year term

 

Single Tenant Retail

Retail Center

Retail Center
$4,600,000
Non-recourse, 1031 Exchange
10 year term

 
Single tenant retail center

Single tenant retail center
2,550,000
85% loan to value, non-recourse, no reserves
10 year term

 

Office

Office building

Office building
$2,900,000
Owner occupied (partially)
5 Year Term

 
Call Center

Call Center
$9,000,000
Fully amortizing
12 year term

 
Office building

Office building
$660,000
Multi-tenant office
5 Year Term

 

Self-Storage

Five Self-Storage Facilities

Five Self-Storage Facilities
$11,800,000
Non-recourse
10 year term

 
Mini-Storage Facilities

Mini-Storage Facilities
$2,300,000
80% Loan to Value, 10 year term, 30 year amortization
10 year term

 

Medical Office

Medical Office Building

Medical Office Building
$1,110,000
Fully amortizing, Owner Occupied
17 year term

 
Medical Office Building

Medical Office Building
$2,130,000
Single tenant, special purpose
10 year term

 

Hotel

Hotel

Hotel
North Carolina
$3,700,000
10 year term

 
Boutique Hotel

Boutique Hotel
$6,900,000
No reserves
10 year term

 

Owner Occupied

Office building

Office building
$640,000
Recourse
6 year term

 

Land

Land Development
$3,060,000
Interest only, 85% LTV
3 year term

 

Sample Transactions

Heatherwood Apartments

Heatherwood Apartments
Overland Park, Kansas
$2,560,000

 

Current Rates (05/09/2008)

  • Apartments 6.00%
  • Mobile Home Park 6.10%
  • Anchored Retail 6.25%
  • Non-Anchored Center 6.25%
  • Single Tenant Retail 6.25%
  • Office 6.25%
  • Industrial / Flex 6.25%
  • Self-Storage 6.55%
  • Medical Office 5.90%
  • Hotel 6.75%

Rates are based on a $2 million loan, 30 year amortization, 10-year fixed rate term.

 

Current News

Economy: Atypical Recession - Atypical Recovery

The current recession (whether labeled as such by the NABE) started differently than most. This makes it likely that it will end differently than most. (more in rates and news)