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Newsletter July 2016

Tags: cashout, refinance, nonrecourse, commercial, financing, lending, rates
Friday, Jul 01, 2016
by Barb

The 10 year Treasury hits all-time low of 1.46%

10-year treasury had its largest single day decline on June 24th and then on June 27 it hit an all-time low of 1.46%. What does this mean for mortgage rates? If treasuries remain at this level, it’s likely that commercial and multifamily mortgage rates will decline further. Most commercial and multifamily rates are now near all-time lows. It's a great time to refinance. View our loan programs here.

Recent Closings

$2,200,000 Apartment Refinance in Alaska

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The Madison Group, a leading source of multi-family financing nationwide, recently closed two cash-out refinances totaling $2,200,000 for two apartment complexes in Alaska. The finalized terms for the transaction was 4.14% interest rate, 7 year fixed term, and a 30 year amortization. More...

$2,700,000 Refinance in North Carolina

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The Madison Group, a leading source of commercial financing nationwide, recently closed a $2,700,000 rate and term, non-recourse refinance loan, for an industrial building in North Carolina. The existing mortgage note was coming due, so time was of the essence. The borrower, lender, and TMG worked to get a new loan that fit the borrower’s investment profile. The finalized terms of this loan were 4.64% interest, 15 year term, and a 15 year amortization. More...

The loan team at The Madison Group has extensive experience in providing financing for a full range of investment and owner user properties. Our goal is to offer excellent service that will help you secure the most competitive financing terms for your client and close more transactions. We provide financing for:
  • Multifamily/Apartments
  • Retail
  • Office
  • Industrial/Warehouse
  • Self Storage
  • Student Housing
  • Senior Housing
  • Credit Tenant
  • MHP or RV Parks
  • Most commericial properties types

We would love to hear from you.

 
"We believe that one of the best ways to create and preserve wealth is through commercial real estate. Our team is ready to help you achieve your financial goals."