#Apartment #Loan #Rates hit new #lows.

Apartment, lender, FHA 223 f - FNMA commercial mortgages best service/rates Apt.loans JV 30 years in commercial RE Kendall Realty - Apartment Loans http://bit.ly/Wrs4l

The yield on the benchmark ten-year note hit a record intraday low of 1.929% today.
Despite ending the session well off its lowest levels of the day, the ten-year yield still set at a new record closing low of 1.97%. This is the first time it has broken 2% since the 1950's.

Commercial Mortgage Closings Apartments Mixed Use

Kendall Realty Advisors close four apartment loans using bank financing.

Kendall arranged a commitment on eight apartment buildings and the first phase closed.

The loans were for apartments and mixed use buildings. One of the buildings contains the office of a US Congressman. The borrower requested a five year fixed rate loan and low prepayments.

Kendall was able to arrange five year fixed rate loans at 5.25% with one property at 0% prepayment and the rest with a half of one percent prepayment.

Commercial Mortgage Apartment Chicago Rates

Apartment Lender Commercial Mortgage Rates FHA FNMA and SMALL Apartment Loans

Updated Apartment Loans Rate Chart

Commercial Apartment Loan Rates

FNMA DUS Apartment Loan  10yr / 9.5 -  4.73%  - 7yr / 6.5yr yield main. 4.51% - (8/12/10)

FHA 223 F 4.50% 35years FNMA Small Apartment Loan about 5%.

Non Recourse seven and ten year balloon loans

FHA 223(f) thirty fives year fixed rate loans should have broken 4% plus MIP

$5,000,000 and up

FNMA Small Apartment Loans less than $5 million starting at $750,000 Chicago FNMA Selected Cities

Apartment Loans

Scott Kendall (847) 903 7578 kendallrealty@gmail.com

Chuck Kendall (773 259-7074 kendallrealtyadv@gmail.com

Multifamily REIT CEOs Upbeat On Apt. Prospects Despite Bleak Fundamentals - CoStar Group

The future of Apartment Rentals - Apartment Lender - Apartment Refinance

Multifamily REIT CEOs Upbeat On Apt. Prospects Despite Bleak Fundamentals - CoStar Group

Commercial Mortgage Chicago Rates

Treasury rates moved up 25 basis points from 3.20% to 3.47% last week on strong jobs report.

Interest Rates are still in the low 5% range for Commercial Mortgage Loans on Apartments and Healthcare properties using FHA, Fannie Mae and Freddie Mac.

Check out our commercial loan programs at: http://www.kendallrealtyadvisors.com/commercialmortgages.html

Black Friday Commercial Mortgage Early Report

Happy Holidays to you!

Black Friday looks good in the stores. 10% more cars in parking lots, high end retails not discounting, and if you see something you want, it may be a good idea to buy it then..

DUBAI WORLD is caught in great deleveraging cycle and causing the dollar to rally, gold to fall and for the Commercial Mortgage industry RATES are FALLING.  The real estate investments of this company have more loans than they can pay or pay off, like many Real Investments in this DELEVERAGING CYCLE.

The State of Commercial Mortgage Finance is bad but much better than a year ago.  The first new CMBS sales was a success but was very well underwritten.

FHA is going gang busters on FHA 223(f) Loans and FHA 232 LEAN refinances.

Fannie Mae and Freddie Mac are still open but business is down due to lower property values and higher underwriting standards.