9/21/11
National Portfolio Lender Allocated $500,000,000 to Disperse Before Year-End, Pricing From 3.87% for 10 Year Term A major Life Insurance Company recently received a $500,000,000 allocation to be distributed by year-end. This portfolio lender is currently offering multifamily, industrial, retail, and office financing in the top 50 major metropolitan markets. Loans range from $10,000,000 to $50,000,000, with larger amounts considered on a selective basis. Loan terms of 5 to 10 years are available, along with 15, 20, and 25-year fully amortizing options. Interest Only payment structures can be obtained for sub-60% LTV requests. Pricing for 55% LTV loans starts at 3.11% and 3.87% for 5 and 10-year terms respectively. A maximum of 75% leverage is available at higher but equally competitive rates.
