Simultaneously, FirstKey has lowered minimum qualifying portfolio loan
amounts to $150,000.
CHICAGO -- Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it originated three senior portfolio loan
commitments totaling $70 million collateralized by multi-family apartment buildings located in Manhattan and Brooklyn.
The KTR industrial portfolio loan
was a win-win for both KTR and Prudential," said Achtemeier.
Global Banking News-March 28, 2012--TD Bank names commercial portfolio loan
officer(C)2012 ENPublishing - http://www.
6% since issuance with only the Courtyard by Marriott Portfolio loan
There was a time when the benefits of this type of financing were limited to institutional investors, but through our highly successful Express property and Express portfolio loan
products, that is no longer the case.
NCB continues to offer competitive portfolio loan
programs to property owners nationwide.
Baltimore, has secured approval for a $493 million portfolio loan
financing deal for mortgage insurance through the Department of Housing and Urban Development (HUD) for Life Care Centers of America (LCCA).
This was a portfolio loan
with no reserves and no rate lock fees.
Many portfolio loan
opinions state that they can be relied upon only by the lender and its counsel.
The AFC Hotel Finance Group recently closed on a transaction where the individual pricing of the loans was 127 basis points over the 10-year treasury, and the portfolio pricing was 115 over--a significant interest savings for the borrower for doing a portfolio loan
over the 10-year loan term.
2 million portfolio loan
collateralized by two mall properties and a $73.