TYPES OF COMMERCIAL LOANS MADE DURING RECENT MONTHS
$1,500,000.00 to refinance apartments in Tucson, AZ. 80% LTV, 30 year amortization with a 10 year maturity. First 5 years at 3.875%
$5,700,000.00 to refinance 142,000 SF industrial park. 70% LTV, 25 year amortization with a 10 year maturity. First 7 years at 4.37%
$6,000,000.00 to refinance five industrial buildings. This is a cash out loan with the proceeds used to build additional buildings. Interest-only at 3.375% monthly adjustable. 70% LTV.
$7,700,000.00 to refinance Best Western hotel. 62% LTV, 10 year loan with 25 year amortization. 4.875% for the first 5 years.
$2,500,000.00 to finance a 56-unit "mini-suite" apartment. Units square are 165 SF each. Coming off a construction loan. 5.25% fixed for 7 years with a 10 year maturity and 25 year amortization.
$750,000.00 to finance 20 unit apartment. FNMA financing with 15 year fixed at 5.50% rate. Straight rate and term refinance.
$3,675,000.00 to refinance a 30 year-old multi-tenant office building. 75% LTV, maturity 10 years. First 5 years at 5.5%
$500,000.00 to refinance student apartments. 10 year loan with 25 year amortization. 4.5% fixed, 75% LTV.
$1,200,000.00 to provide permanent financing for a 40 unit apartment coming off a construction loan made by a local bank. 75% loan to value; 30 year amortization due in 10 years; first five years fixed at 8.375%.
$11,500,000.00 to provide permanent financing for a 60,000 foot retail and office center. 10 years fixed @ 5.40%. 25 year amortization. 75% loan. 1% fee.
$1,550,000.00 to provide permanent financing for a 30,000 square foot industrial building . 66% loan to purchase price; 15 year fully amortized at 7.70%.
$1,856,000.00 to provide permanent financing for a 20,000 foot industrial building 85% loan to value. 20 year loan with the first five years fixed @ 6.25%. S.B.A. loan with the S.B.A. portion fixed @ 6.25% for 20 years.
$1,800,000.00 loan to refinance an industrial building. 20 year amortization with 10 years fixed at 8.5%.
$3,300,000.00 to refinance 14 luxury condominiums. Construction lender demanded to be repaid. 18 month interim loan @ 7.5% rate. 2.0% fee. 60% L.T.V.
$2,505,000.00 to provide permanent financing for the purchase of a 25,000 foot medical office building. 66% loan to value; 15 year fully amortizing loan @ 5.75%. 1.5% fee.
$400,000.00 loan to finance purchase of a warehouse in Sacramento, California. 75% loan to value; 20110 years fixed at 8.5%.
$350,000.00 loan to finance purchase of a warehouse in Newark, California. 75% loan to value; 20/10 years fixed at 8.5%.
$1,100,000.00 to refinance a 40,000 foot industrial building. 40% L.T.V .. 10 year fully amortizing loan with the first five years fixed @5.75% 1.5% fee.
$1,000,000.00 loan to refinance an industrial building in Washington. 50% loan to value; 10 years fixed at 7.65%.
$1,850,000.00 to provide permanent financing for a 15,000 square foot medical building coming off a construction loan from a local bank. 20/10 year loan at 8.5% fixed for the 10 years.
$550,000.00 loan to provide permanent financing for a 6,000 square foot Orthodontist Clinic coming off a construction loan which I had also arranged. 20/10 year loan at 8.5%.
$1,000,000.00 loan to refinance a mobile home park 40% loan to value; 15 year fully amortizing at 7.5%.
$4,200,000.00 loan to refinance 121 apartments; 30/10 year loan at 7.10% fixed for 10 years.
$400,000.00 loan to refinance 26 unit motel. 57% loan to value; L.I.B.O.R.+ 5.25%; quarterly adjusting 20/10 years.
$1,600,000.00 loan to finance two industrial buildings. 50% loan to value, 7.3% fixed for 15 years.
$9,000,000.00 loan to finance a 55,000 foot medical building. 5.30% fixed for 10 years. 1.0% fee. 75% LTV.
$1,600,000.00 loan to finance a 24 unit apartment building. 5.85% fixed for 7 years. 63% loan to value.
$3,400,000.00 loan to finance a 33,150 square foot Retail Center in Tucson, AZ. 5.75% fixed for 10 years. 67% loan to value.
$1,800,000.00 to finance a 32 unit apartment in Burien, WA. 69% loan to value loan at 5.39% fixed for 10 years.
$3,000,000.00 to finance the purchase of a 66,500 foot business park in Tucson, AZ. 68% loan to value with a fixed rate of 5.75%
$1,150,000.00 loan to finance a commercial building. 64% loan to value. 5.75% loan to value fixed for 10 years.
$12,000,000.00 to refinance Airport parking facility. Ten year fixed at 5.75% w/20 year amortization. Fee of 1.0%.
$9,400,000.00 Permanent loan to finance a 62,000 foot medical building. Ten years Fixed with a 25 year amortization. 5.31% rate with a 1.0% fee.