MacGregor & Knight

11/04/2024

The Citizen plays the most powerful role in the Idea of Democracy and our Republic the United States of America.
Your Vote Counts.

08/26/2024

Thought I’d stop off and have lunch.
What an amazing menu and great with staff my only challenge was to order the “Reggie” burger or a “Dirty Doherty”.
Thank you all for the experience.

08/06/2024

U.S. Treasury yields tumbled on the recession fears and as investors flooded into bonds for a global safe haven. Bond prices move inversely to yields. And as of this morning (Tuesday 8/6/24) 10-year Treasuries were at 3.84% - which is up from yesterday’s big drop.

In the big picture, rates have been moving consistently lower due to an ongoing bond market rally that began in May. That rally is driven by softer inflation/economic data and an increased willingness on the part of the Fed to consider rate cuts.

And of course, now everyone wants to know where we're going.

With the next Fed meeting just over 5 weeks away, and plenty of important economic data during that time, we still don't know what the road ahead will look like. All we really know is that for now, rates have been trending lower.
And as always, wherever rates go from here, please give us a chance to get you the very best conventional and Bridge financing programs for all your commercial RE needs, (i.e. Senior Debt, Preferred Equity, or Mezz debt).

And if you are buying or refinancing a commercial property and need to close fast, there are great options available, with some Bridge loan programs that can close within 2 weeks – 3 weeks! These programs even offer Capex money.

Please give us a call to see what rates and terms we can get for you.

Here is a snap shot of interest rates as of 8/6/24 and available LTVs:

Multi family –
· 5.4% -6.75%
· 75% - 80% LTV

Industrial –
· 6.15% - 7.25%
· 70% - 75% LTV

Retail / Office –
· 6.7% - 7.8%
· 65% - 70% LTV (75% LTV is possible with strong occupancy, strong tenants, densely populated areas and strong sponsors)

Bridge -
8% - 13% Interest Only (Stabilized and Construction)

Please give me a call to discuss your best options

06/29/2024

Here for Germany / Denmark

06/22/2024

A thousand disappointments in the past can not equal the power of one Positive Action right now.
Go ahead & Go For It !!

05/26/2024

Doubt can only relieved by action!!!

05/10/2024

Good words, Good thoughts,
Good deeds!!!

03/14/2024

01/16/2024

Pursue your dreams, believe in yourself, keep learning and working hard, and you will succeed.