Featured Deal
DOMINION just completed the funding
of a cash-out refinance on an assisted living and
Alzheimer’s campus for $4,900,000. The loan provided
the independent owner/operator funds to add additional beds
based on a projected DCR of 1.25x. This portfolio loan
was aggressively underwritten to provide substantially more
loan amount than the traditional conduit lenders could
provide.
This is just one example of
the creative financing structures DOMINION offers. Whether
your next loan is on special purpose properties, mixed use,
healthcare, hospitality, or the more typical property types
like office, retail, or industrial, your next call should be
to DOMINION. |
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| Key Rate
Indices |
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Prime Rate:
8.250
LIBOR (6 Month):
5.330
LIBOR (1 Year):
5.300
COFI:
4.283
CMT (5 Year):
4.340
5 Year Treasury:
4.625
10 Year Treasury:
4.750 |
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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. |
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