Floating Rate Loans

Floating Rate Loans

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For deals that require repositioning, and especially in a low index environment, floating-rate debt has proven itself to be an invaluable tool in the maximization of a property’s potential. A variety of indices can be used; prime, LIBOR, or the annual trailing of the one-month treasury issue; available for multifamily only. Typically, these loans have been on an interest-only basis.

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