Kendall arranges $2,100,000 first mortgage on Glenlake Apartments.

Kendall arranges $2,100,000 first mortgage on Glenlake Apartments.

The borrower was given 12 months to receive a discounted pay-off from the original condominium construction lender.

Kendall arranged a loan and it closed within two month from the signing of the bank agreement.

Apartment Lender - Rates Loan Commitments

Apartment Loan rates rising about 10 to 15 basis points as spreads widen for FNMA and Freddie Mac mainly on ten year loans.  Kendall arranges loan approvals on 5 apartments in Chicago, IL from banks. Rates in low 5% range.


Apartment Loans

Apartment Loan Rates

Commercial Mortgage Rates are OBSCENELY LOW

Interest Rates have fallen below 3% for ten year treasuries leading to near the lowest apartment loan interest rates in history. You can lock in FHA 223 f loans for 35 years in the low 4% range.
 #FHA #Fannie Mae DUS#FreddieMac: http://t.co/eYzcVNS
FNMA Freddie Mac near historic lows on rates

Commercial Mortgage Apartment Chicago Nationally Rates

Apartment Lender Apartment Loan Pricing http://goo.gl/ecuvQ FHA 223(f) FNMA Large and Small Loans Commercial Mortgage Rates

Commercial Mortgage Apartment Chicago Nationally Rates

Small Apartment Loans 10 year fixed rate loans 5.65% $750,000 and up
Bank lending heats up 5-50 units Chicago Area 5% and up
Large Apartment Loans 10 year fixed rate FNMA 5.45% - Seven Year loan 4.96%

Rate reduction for large deal with competing Freddie quote 20 or more basis points can reduced to match other quoted rate but with a much faster delegated closing.
APARTMENT LOAN PROGRAMS

FHA 223(f) 4.5% plus MIP

Commercial Mortgage Apartment Chicago Rates

Apartment Lender Commercial Mortgage Rates FHA FNMA and SMALL Apartment Loans

Updated Apartment Loans Rate Chart

Commercial Mortgage Apartment Chicago Rates

Small loans $750,000 - $3,000,000 - 5.90% 10 yrs.

Apartment Loan Rates Agency 10 yr. 5.75% - 7 yr 5.40% FHA 223(f) 5% including MIP 35 yrs.

Refinancing of LIHTC apartments - Market Rate Apartments FHA 221(d)4 new construction for apartments.

FHA 232 LEAN financing takes over 6 months for refinances but rates are great.

New construction Assisted Living takes about a year under FHA 232 LEAN new construction.

We are working conventionally on deals

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

Chicago Commercial Mortgage Specialists Kendall Realty Advisors LLC

For Apartment Loans, Assisted Living Loans, Nursing Home Loans

Commercial Mortgages in Chicago or Nationally

Contact Kendall Realty Advisors

Over 25 years providing commercial mortgages from Chicago.

http://www.kendallrealtyadvisors.com/commercialmortgages.html

FHA 223(f) Apartment Lender - 232 LEAN FHA 242/223(f) Healthcare Refinance - Apartment Loans: Small Apartment Loans Chicago

Commercial Mortgage Apartment Loan Rates now near 5% for FHA 223(f).

FHA 223(f) Apartment Lender - 232 LEAN FHA 242/223(f) Healthcare Refinance - Apartment Loans: Small Apartment Loans Chicago

http://www.kendallrealtyadvisors.com/commercialmortgages.html