Posts Tagged ‘Apartment’

New Options for Multi-Family (Apartment Building) Loans – MasterPlan Capital’s Mid-Sized Multi-Family Loan

January 23, 2013

“Sweet Spot” Mid-Sized Multi-Family lending (Apartment Buildings with 6 or more units) program:

Loan Balance: $5mm-$10mm

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LTV:                      to 75%

Rate:                      3.75%-5.75%*

Area:                      Eastern US

Time to Close:     45 Days (+/-)

*Rates as-of Jan ’13. Rates can change without notice due to market and other factors. Fully underwritten, full recourse lending. Prepayment (step-down) fees may apply. Points of between 0-1.5 may apply. Deposit may be required upon formal loan application.

New Commercial Mortgage Program – Tens of Millions Available to Loan – The MasterPlan Capital Small Apartment Loan – Multi-Family Loans From $1MM-$5MM at Low (5 year) Fixed Rates

January 14, 2009

Collateral: Stabilized Apartment Buildings
Minimum Loan: $1,000,000.00
Maximum Loan: $5,000,000.00
Loan-to-Value (LTV): 70%-75%
Term: 5 or 10 Years / 25 year Amortization
Rate: 5 Year Treasury + 3%-4%
Points: 2
Pre-payment: 3 Year Declining (3%,2%,1%,0%,0%)
Security Type: 1st Position Commercial Mortgage, Non-recourse
Close: 45-60 Days, Application to Funding

MasterPlan Capital LLC – Click here to apply right now

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Apartment owners may benefit by reading the web-log (blog) of the American Apartment Owners Association