The loan features a rate of 3.85% and a 10-year term. This transaction was negotiated by Chaim Tessler. A new mortgage in the amount of $11,300,000 on a 46-unit multifamily property located on.
Freddie mac multifamily small Balance Loan Program. The Freddie Mac Small Balance Apartment Loan program fills a gap in the small multifamily loan space ($1MM-$7.5MM) for borrowers seeking competitively priced, non-recourse debt without yield maintenance, or a balloon payment at the end of the fixed term.
a $13.3 million loss from interest rate hedges, which was offset by $24.4 million in unrealized gains from both our multifamily and residential loan portfolios. We had other income of $3.9 million,
CBRE Multifamily is the #1 ranked apartment brokerage firm globally and in the U.S.* We combine investment sales, financing and investment banking services providing clients access to the most experienced and highly specialized multifamily professionals in every market throughout the globe.
Multifamily loan rates usually change daily. Therefore, once you have chosen an apartment loan program it is imperative to lock the rate at loan application. Many of our multifamily loan programs allow this. As with all commercial loans the rate will be based on an index plus a spread. An example of an index would be prime rate.