KENDALL REALTY ADVISORS

KENDALL REALTY ADVISORS
312 Florence Ave. Evanston, IL 60202

Friday, April 12, 2013

Loan Rates FHA 223 F FHA 232 Lean Assisted Living Scott Kendall 847-903-7578

Thursday, May 24, 2012

commercial property, prices recovered to mid-2003 Levels CoStar 2012 News APARTMENT LOAN RATES LINK



APARTMENT LOAN RATES LINK

Despite a generally flat March for pricing of commercial property, prices recovered to mid-2003 levels in the first quarter as improving fundamentals and liquidity causing a broadening of the recovery into non-core commercial real estate and secondary markets, according to this month's CoStar Commercial Repeat Sale Indices (CCRSI) report. 

At this rate it will be 2006 in ten short years. Oprah sells her Chicago condo for about 1/2 of what she paid. say $3,000,000 on $6,000,000 cost plus extra shoe closets.

Tuesday, May 15, 2012

Apartment Loan rates and This Is Clearly Going To Cost JPMorgan Much More Than $2 Billion


APARTMENT LOAN RATES


Whale  Ahoy


JPMorgan announced a $2 billion loss Friday. When compared to its market cap and other indicators, that goes Ouch!, but not much more. However, there’s more going on. The bank has refused to state where in its operations the loss was incurred. For good reason perhaps: the positions that caused the loss are still rumored to be open.
The main problem JPMorgan may be facing, and the 8% loss in pre-market trading may be a sign players are on to this, is that we probably already know where the loss is. A few weeks ago, the financial sphere was full of stories about the London Whale, a JPM trader in London named Bruno Michel Iksil, who had taken such massive - synthetic - derivative (gambling) positions in a 125 company index that they were moving the market itself.
Back then, some hedge funds took counter positions just for the sheer fact that he had bet so much; they figured he couldn't last forever on all trades. The underlying notion was he was long a bunch of companies; well, not a lot has gone well in the markets lately. And if you have overweight derivative positions in one direction (in this case credit default swaps) , you can make a killing or you can get punished fast and furious. He did the latter.


Read more: http://theautomaticearth.org/Finance/jpmorgan-a-tale-of-whales-and-sharks.html#ixzz1uwnfvREt

Friday, March 13, 2009

Highlights of Lean Pipeline

LEAN 232 Pipeline as of March 6th, 2009

FHA # Requests – Purchase/Refinance – 208

FHA # Requests – New Construction – 41

Applications In – Purchase/Refinance –40 (with 18 more scheduled to come in shortly)

Applications In – New Construction – 7

Firm Commitments Issued – 18

Applications CLOSED –Purchase/Refinance – 9

Applications CLOSED – New Construction – 1 CW Capital - (4 pre-apps completed)

About Us:

Our knowledgeable team has worked in the mortgage banking/investment banking industry for the past 24 years specializing in healthcare lending, multifamily housing, and FHA and FNMA insured loans. Throughout our careers, we have originated and/or underwritten in excess of $745,000,000 in mortgage loans with a focus on acute care hospitals, assisted living facilities, senior housing, and skilled nursing facilities. Previously our team has worked for several NY-based investment banking/mortgage banking firms specializing in conventional and government-assisted loans. Chuck has been president of a FHA mortgage company and a developer. Scott was the VP of Origination for several FHA and FNMA lenders. He has extensive experience working on affordable housing as the Midwest Loan Officer for FNMA Multifamily Affordable Housing Products. We understand that the integrity of the loan officer for the loan quote and rate pricing can make a huge difference for FHA clients.

Commercial Mortgage - Apartment - Healthcare

Commercial Mortgage