Share
Preview

 
 
 
 
Today's Market Rates
Fed Prime Rate                    3.25%
5-Year Swap Rate                0.28%
10-Year Swap Rate              0.54%
30-Year Swap Rate              0.80%
5-Year Treasury                    0.21%
7-Year Treasury                    0.39%
10-Year Treasury                  0.55%
30-Year Treasury                  1.20%
Recently Closed Transaction
Westfield MHC

Location: Santa Rosa, CA
Loan Amount: $2,400,000
Loan Type: Re-finance
Asset Type: Manufactured Housing Community
Lender: Life Insurance Company
Transaction Details
Grady Seldin of the PSRS LA office arranged the $2.4M refinance of a manufactured housing community in Santa Rosa, CA. This deal was put under application and closed in the middle of the current COVID-19 pandemic. PSRS was able to maneuver an ever-changing lending landscape and close in a timely fashion with one of their correspondent life insurance companies.
CRE Article Highlight of the Week
A sector-by-sector look at what's in store for CRE
What’s Next for Real Estate?

Leading REIT analysts review the outlook for the data center, health care, industrial, infrastructure, lodging, multifamily, office, retail, self-storage, and timber real estate sectors.

(reit.com)
Reach out to us today to discuss your options.
(310) 471-1911
Why Work With PSRS
  • Non-recourse financing
  • Terms - Floating Rate to 40 Year Fixed
  • Loan sizes from $1 million to $100 million+
  • Servicing portfolio of $6.2 billion
  • Minimal to no reserve structure
  • Lock rate at application
  • Fast servicing decisions
  • Nationwide coverage in the US on all commercial and multi-family real estate
 
CONTACT
PSRS Los Angeles
psrs-la@psrs.com
(310) 471-1911
ABOUT PSRS
Founded in 1972, PSRS is one of the largest privately-held commercial mortgage banking firms in the western United States.
 
Copyright © 2018 PSRS. All rights reserved.