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Oct 16, 2010

Conduit loans:

Conduit loans:

These are readily available above $10 Million, moderately available above $5 Million and tough to get below $5 million in loan size. So this is for your bigger deals. They can do the four food groups, the loans are non-recourse, and rates will usually be 10-year fixed in the 5’s. This is for your large office and retail deals. Grocery anchored retail is very hot for this group as well as apartments. Generally just major metros.