Indexes 5yr T-Bills 10yr T-Bills 1yr CMT WSJ Prime 6mth Libor
Today 2.330% 3.690% 0.390% 3.250% 0.395%
INTEREST RATES as of
March 9, 2010
Loans  from $750,000 to $10 million 5 year 10 year 10 year
Fixed Fixed Adjustable
Industrial & Anchored Retail 6.130% 6.690% 3.895%
Unanchored Retail & Medical Office 6.330% 7.190% 3.895%
Apartment 5.580% 6.190% 3.395%
General Office 6.330% 7.190% 3.895%
Other Property Types will be considered on a case by case basis.  Call for pricing.
Other Conditions:
Rate reset every 6 months on adjustable rate loans.
Adjustable rates include a 6% lifetime cap above the initial rate.
Prepayment provision on fixed rate loans based on a yield maintenance formula.
Rates quoted are for well maintained, fully leased and located properties.
Rates subject to change without notice. Loans below $2.0mm require higher pricing.
Most loans are NON-RECOURSE
25 year amortization on all loans except apartment which is 30 year.
LTV's subject to underwriting criteria, up to 80% loan to value on apartment and 75% on other properties. 
Debt coverage minimum of 1.25x for Multi-Family, Industrial, and Anchored Retail; 1.30x for other types.
Closing process typically within 45-60 days from receipt of a complete application from Borrower. 
Amortization of 20 to 30 year schedules available on most transactions, subject to underwriting criteria.
Rate lock available upon receipt of complete application, subject to Borrower qualification.
*** Quick, short term, 21 day or less funding available for certain projects ***