Kendall Realty Advisors LLC

Kendall Realty Advisors LLC
National Affordable and Market Rate Rental Housing Lender

Wednesday, May 30, 2012

Record low #Apartment #Loan #apartmentLender #Apartment Loan

 to safety interest rates go down as  money flocks to safety of US treasuries 

As rumors of LEFTIST gaining popularity in Greece over REVOLT OVER AUSTERITY 
everyone buys US currency and stashes it in their pillow. THE normal suspects go down as dollar gains in value oil, interest rates and stocks go down on fright to safety moves

Stocks fell sharply Wednesday as worries about Europe's debt, specifically the Spanish banking system,again shook confidence.
Investors flooded into U.S. Treasuries, raising prices and pushing the yield on the benchmark 10-year note down to a record low of 1.656%.
The Dow Jones industrial average (INDU) was down 150 points, or 1.2%, in early trading. The S&P 500 (SPX) sank 17 points, or 1.2%, and the Nasdaq (COMP) declined 38 points, or 1.3%.
The European Central Bank issued a statement Wednesday saying it had not been consulted on the bailout for Bankia, the No. 4 bank in Spain, and that such a recapitalization could not be provided by the Eurosystem.
In addition, independent ratings agency Egan-Jones downgraded Spain's sovereign debt late Tuesday. The move raised more questions about the country's ability to fund bank bailouts that could reach as much as €100 billion.
Yields on 10-year Spanish debt soared to 6.62% Wednesday.
In addition, the European Commission's economic sentiment index fell for the second month in a row, hitting the lowest level since October 2009.
World markets were sharply lower on European concerns. Britain's FTSE 100 (UKX) dropped 1.6% in afternoon trading, the DAX (DAX) in Germany lost 1.3% and France's CAC 40 (CAC40) plunged 1.7%.
CNNMoney's Fear & Greed Index, which measures investor sentiment, remains firmly in "extreme fear" territory.
U.S. stocks ended higher Tuesday, as investors welcomed a lack of negative headlines out of Europe and hopes that China would announce a new massive stimulus program 
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    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, 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 firm 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

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