CURRENT BENCHMARK RATES
DATE 1-6-2008 |
| 5 Year Treasury |
1.68 % |
| 10 Year Treasury |
2.48 % |
| 30 Year Treasury |
3.02 % |
| 3 Month LIBOR |
1.41 % |
| Prime Rate |
3.25 % |
| 10 Yr. Swap Spread |
29.8 B.P. |
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| Recent Transactions: |
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Sunset Ridge Center
Las Vegas, Nevada
Loan Amount: $6,000,000
Lender: Artesia Mortgage Capital
Loan Type: Permanent
Deal Points:
Interest Only for entire 10 year term
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Henderson Industrial Park
Henderson, Nevada
Loan Amount: $5,000,000
Lender: Riversource Life Insurance Company
Loan Type: Permanent
Deal Points:
Cash-Out Refinance, Incubator space with short leases
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Hacienda Crossings
Las Vegas, Nevada
Loan Amount: $9,500,000
Lender: Morgan Stanley
Loan Type: Permanent
Deal Points:
Cash-out Refinance with Tenant rollover risk |
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Rocksprings Plaza
Las Vegas, Nevada
Loan Amount: $16,000,000
Lender: Merrill Lynch
Loan Type: Permanent
Deal Points:
Cash-out Refinance, 5 years interest only |
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Caballo Industrial
Las Vegas, Nevada
Loan Amount: $5,000,000
Lender: Morgan Stanley
Loan Type: Permanent
Deal Points:
Two tenant industrial, cash-out refinance |
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Redrock Plaza
Las Vegas, Nevada
Loan Amount: $11,500,000
Lender: Morgan Stanley
Loan Type: Permanent
Deal Points:
Shopping Center-Cash-out refinance |
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821 Grier Dr.
Las Vegas, Nevada
Loan Amount: $7,300,000
Lender: RBS Greenwich
Loan Type: Permanent
Deal Points:
Single tenant office-industrial, Acquisition Financing-45 day close |
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Ferguson Enterprises
Henderson, Nevada
Loan Amount: $10,500,000
Lender: American United Life
Loan Type: Permanent
Deal Points:
Single tenant industrial; fixed rate forward commitment |
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Beehive Self Storage
Salt Lake City, Utah
Loan Amount: $7,500,000
Lender: Artesia
Loan Type: Permanent
Deal Points:
Self Storage-Cash-out refinance |
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Sunridge Center
Henderson, Nevada
Loan Amount: $2,100,000
Lender: Artesia
Loan Type: Permanent
Deal Points: Retail Strip
Lender capped their cost at $20,000 |
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