Happy New Year:

Just a quick note. We received a great quote from one of our non-agency multi-family lenders that is very attractive and rivals the agency pricing as well as insurance finance terms for commercial real estate. These are GREAT RATES:

$10M or Less: 170 Over the 10 Year Swap — 4.50% -4.55%

$10M or More: 140 Over the 10 Year Swap —

Leverage 70%

10/30 Term

Non to Partial Recourse Available

As always feel free to reach out if you would like to have a discussion. It is true, lenders reach us to reach you, like this excellent lender. We are here to help you.

Have a great weekend.