Featured Deal
DOMINION has
provided a $4,810,000 bridge loan to the operator of a
143-key full service hotel. The loan was
structured with interest only payments to assist in
recapitalizing the operations of the hotel. Within 12 months, DOMINION expects
to convert this interest only option to a fixed rate
amortized permanent loan
structure. |
|
|
| Key Rate
Indices |
|
Prime
Rate:
5.250
LIBOR (6 Month):
2.900
LIBOR (1 Year):
3.160
COFI:
2.025
CMT (5 Year):
3.680
5 Year Treasury:
3.737
10 Year Treasury:
4.225 |
|
Dominion Mortgage Corporation was
established in 1977 and is a nationwide provider of real
estate loans starting at $1,000,000. Dominion is known for
financing properties that other lenders shy away from, such as
single tenant or owner occupied properties, specialty
healthcare properties and other unique
transactions. |
|
