COMMERCIAL REAL ESTATE:
Paladin
Financial, Inc. primarily finances investment quality properties through
Life Insurance Companies and Mortgage Conduits. Some of these companies
are Symetra Life; AmerUs Life, Ameritas Life; Aegon Insurance; Farm
Bureau; Morgan Stanley; Wells Fargo; Paine Webber. The
interest rates and terms for these loans change from time to time. The
most popular type of loan is a 10 year fixed rate with a 20 or 25 year
amortization; due in 10 years. Such a loan can simply re-price in 10
years making the total term 20 years. The rate for such a loan is usually
.9% to 1.5% over the 10 year Treasury bill. The rate for a 10 year treasury
bill can be found on the front page of the green section of the USA
Today Newspaper daily. Where: Loans have been made in Washington, Oregon, Idaho, Arizona & California. We have looked at loans in Alabama, Colorado and Utah as well.
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