First Bank has proposed a ten-year, 6 percent, fixed-rate permanent loan at $160 million with a 25-year

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First Bank has proposed a ten-year, 6 percent, fixed-rate permanent loan at

$160 million with a 25-year amortization schedule. The ten year treasury bond is currently 3.5 percent. First Bank believes that this is a 55 percent LTV loan. At what cap rate are they valuing the property?

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An Introduction To Real Estate Finance

ISBN: 9780123786265

1st Edition

Authors: Edward Glickman

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Question Posted: Oct 17, 2024 05:00 AM

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First Bank has proposed a ten-year, 6 percent, fixed-rate permanent loan at $160 million with a 25-year amortization schedule. The ten year treasury bond is currently 3.5 percent. First Bank believes...
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First Bank has proposed a ten-year, 6 percent, fixed-rate permanent loan at $160 million with a 25-year

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An Introduction To Real Estate Finance

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