Tuesday, January 19, 2016

Apartment Loan Rates move down after first FED interest rate hike

Kendall Realty Advisors FHA 223f FNMA DUS Loan

Friday, May 1, 2015

Changes in FHA multifamily lending requirements squeeze lenders, owners | 2015-04-30 | HousingWire

Changes in FHA multifamily lending requirements squeeze lenders, owners |





“The FHA doubled the amount of reserves the borrower must put up to get a
mortgage on a multifamily property, and we’re talking about reserves in
the hundreds of thousands of dollars. This also requires an initial
deposit in addition to the annual reserve.”

Thursday, January 22, 2015

EU announces QE quantitative easing Chicago Announce QS Quantitative Skating

Chicago Lake Front Skating Ribbon

Emanuel announces youth Blackhawks' plan for big UC practice facility



Click for  Apartment Loans Rates Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news

Loan Programs

...Strong dollar and low oil prices pull down interests rates
as stock markets recover all losses,  rates remain much lower from last week

Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news

Thursday, January 8, 2015

Apartment Loan rates lower but spread over treasuries widens slightly for FNMA DUS

...Strong dollar and low oil prices pull down interests rates
as stock markets recover all losses,  rates remain much lower from last week

Thursday, October 16, 2014

Apartment Loan Rates drop like a rock on Fear of EU reccession and Flight to quality from Stocks FHA 223f 3.70% 35 years

Apartment Loans from $500.000 Chicago nationally



Interests Rates made a huge one day reversal yesterday cutting over one half of one percent in long term treasury rates 


FHA 223F purchase and refinance loans have a 35 year term are non recourse and loan to value is 83%

Interest Rates now hit new lows for 2014 and expectations of the FED raising rates are disappearing

The move in bonds was driven by continued weakness in Europe and the realization that USA Hospitals administrators are not the least bit prepared to handle Ebola 

FNMA 10 year loan rates also dropped to the low 4% range depending on loan to value.


Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news

Thursday, June 26, 2014

NY AG Sues Barclays over Dark Pools illegally giving client Identity - trading activities Apartment Loan rates go down



Commercial Loan Wizard

"The behavior described in this complaint would put a bank's financial interest in marketing its dark pool and profiting by providing access to predatory high-speed traders ahead of the interests of investors," Senator Carl Levin, the Michigan Democrat who leads the Permanent Subcommittee on Investigations, said in a statement. "Action is needed to end conflicts of interest in the U.S. stock market.",

Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news

Thursday, June 19, 2014

Small and Large Apartment Loans FNMA FHA 223(f) and conventional financing fixed rate low fee


Fixed Rate non-recourse small apartment loan program.

Loan Amounts: $750,000-$5,000,000 DUS no maximum loan amount
Baltimore, Boston, Chicago, Los Angeles, New York City, San Diego,San Francisco, San Jose (CA), Sacramento, Seattle, and Washington
Fixed Rate Balloon Loans: 5, 7, 10 and 15 year loan terms with up to 30 year amortization terms

Fully Amortizing Loans: up to 30 year terms
Pricing based upon Loan to Value and Debt Service Coverage
Maximum Loan to Value or Costs: 80%
Minimum Debt Service Coverage Ratio: 1.25x
Low upfront costs, Low loan fees

Thursday, May 15, 2014

Double good News for owners and buyers A Major Lift for Fannie and Freddie and apartment interest rates fall sharply



Apartment loan Interest rates fall sharply this week
and the FHFA leader tries to calm housing and multifamily markets A Major Lift for Fannie and Freddie “Our overriding objective is to ensure that there is broad liquidity in the housing finance market and to do so in a way that is safe and sound,” Melvin L. Watt, the new head of the Federal Housing Finance Agency, said in a speech at the Brookings Institution in Washington.

Commercial Loan Wizard

Chicago-area commercial properties jumped in the first quarter to their highest level since 2008, fueled by rebounding rents and occupancies and a pickup in lending.

Investors plunked down more than $3 billion to acquire 192 apartment properties, retail centers, industrial buildings and hotels in the first quarter, up 59 percent from $1.9 billion in year-earlier period, according to New York-based research firm Real Capital Analytics Inc. It was the best first-quarter showing since the first three months of 2008, at the tail end of the last boom, when investors bought $3.9 billion in commercial real estate here.
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news

Friday, March 14, 2014

Kendall provides Long term fixed Rate Affordable Senior Housing Refinance in California and a market rate rental in Arizona

The property provides 46 units of affordable housing for seniors in a small rural town in California. The seniors rents are supplemented by Housing Assistance Payments from HUD.

The borrower fixed the rate for 16 years and paid off a balloon loan due on the property.

Arizona $2,000,000 market rate rental apartment purchase loan provided by Kendall Realty



Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F, FNMA DUS, FNMA Small Apartment Loan rates news RATES

Monday, December 30, 2013

Crystal Balls Proved Reliable for Predicting CRE Market Performance in 2013

Crystal Balls Proved Reliable for Predicting CRE Market Performance in 2013 - CoStar Group

Through the third quarter of this year, investment sales were up 27%,  according to CoStar COMPs data. Industrial investments were up 56% and  office up 27%; however, multifamily investments tapered off this year  and were actually down about 6%.




Predictions - Apartment purchases will pick up early in the year using FNMA loans and lines of credit - FHA 223 will be used primarily for refinances of strong borrowers with good liquidity and non-profit borrowers with good balance sheets due to its long processing time



Then FED taper will bring 50 bases points higher interest rates for ten year loans resulting in sales and refinances slowing in the second half of the year


Lending remains behind pre-recession levels

Total loan balances for all banks in the third quarter were $154.2 billion less than in 2008.

During that time frame, loans at banks with assets of less than $1 billion grew by $28.4 billion, or .7 percent annually, while loan balances for banks with more than $1 billion in assets decreased by $182.8 billion, or .4 percent.

At the same time, total assets for all banks grew by nearly $1.3 trillion, or 1.9 percent.

Much of that asset growth came from securities, or investments, that could pose a problem for banks in the future.
 More and more of those purchased securities are long-term [five years or longer], and they could be problematic as interest rates rise in the future.



Wednesday, November 20, 2013

new Small balance loans - fix/rehab type loans Chicago Suburbs Scott 847-903-7578 Chuck 773-259-7074

Small balance loans and focus on "story book" type  loans which need to close fast and loans that banks will not fund on  (i.e. broken condos, fix/rehab type loans, etc).
Kendall Contacts
Or the standards for existing apartments FNMA and FHA RATES

Thursday, October 17, 2013

Apartment rates move down on good news the Government is open.FNMA and Freddy open since congress not involved :)



Bad news they went on vacation without re-authorizing FHA lending limit silly guys so no new FHA apartment and home loans resulting in slight downward pressure on home values and owner equity 



Hopefully they will return from vacation refreshed and ready to get America back to bidness



Apartment Loan Rates Link





Friday, August 16, 2013

Apartment Lender APARTMENT Loan Rates FHA 223f FNMA DUS FNMA Small Apartment Loans: Apartment Loan Rates continue to Rise FHA 223 f FN...

Apartment Lender APARTMENT Loan Rates FHA 223f FNMA DUS FNMA Small Apartment Loans: Apartment Loan Rates continue to Rise FHA 223 f FN...: Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news

Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news

Large and Small Apartment Loans Chicago, IL

Large and Small Apartment Loans Chicago, IL
Chicago and Evanston, IL Offices