The rates quoted below are based on the 10-Year Treasury Note at 3.650%.
Terms and rates effective 01/28/2010, subject to change without notice.
| Property Type | Typical Amortiz. | Min. DSCR | Max LTV | Spread Range | Rate Range |
Hotel Flagged | 25-30 years | 1.35 | 70% | 250-400 | 6.150%-7.650% |
Hotel No Flag | 20-30 years | 1.40 | 70% | 300-400 | 6.650%-7.650% |
Multi Family Apartments | 25-30 years | 1.20 | 80% | 120-350 | 4.850%-7.150% |
Multi Family Apartments | 20 to 30 years | 1.20 | 80% | 125-300 | 4.900%-6.650% |
Multi Family Mobile Home Park | 25-30 years | 1.25 | 75% | 150-350 | 5.150%-7.150% |
Office Multi-Tenant | 25-30 years | 1.30 | 80% | 125-300 | 4.900%-6.650% |
Office Single Tenant | 25-30 years | 1.25 | 80% | 100-250 | 4.650%-6.150% |
Shopping Center Anchored | 30 years | 1.25 | 80% | 150-250 | 5.150%-6.150% |
Shopping Center Non-Anchored | 20-30 years | 1.25 | 75% | 100-250 | 4.650%-6.150% |
Shopping Center Non-Anchored | 25-30 years | 1.35 | 75% | 250-350 | 6.150%-7.150% |
Warehouse Industrial | 20-30 years | 1.30 | 75% | 150-300 | 5.150%-6.650% |
Warehouse Multi-Tenant Flex/Distribution | 20-30 years | 1.25 | 80% | 125-300 | 4.900%-6.650% |
Warehouse Single Tenant Flex/Distribution | 20-30 years | 1.25 | 80% | 140-300 | 5.050%-6.650% |