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FRIAS FINANCIAL                                                                                       GLOBAL COMMERCIAL REAL ESTATE GROUP

COMMERCIAL / CONSTRUCTION / HARD MONEY / INTERNATIONAL 

GUARANTEED

MULTIFAMILY PROGRAM 

Multifamily / Assisted Living / Student Housing

Mobile Park Housing / Affordable Housing and

Mixed Use 

Frias Financial has the right relationship with various “REITS” Real Estate Investments Trust, Pension Funds and Hedge Funds with the experience, Knowledge, expertise and more importantly the financial strength to close loans.  

REITS

One of our lenders, which is a Real Estate Investment Trust, has more than $15 billion in assets to fund commercial properties. This makes securing financing for commercial loans more reliable in today’s uncertain financial world.  

Products

With our lenders, we can offer a vast array of private and public products, including competitive nationwide financing for acquisition or refinance of; multifamily, senior housing, mobile park housing, student housing, affordable housing, mixed use and assisted living. 

FRIAS FINANCIAL

Multifamily Program

Terms and Conditions:

• Loan Size   $3, 000,000 / No Maximum

• Pricing   Tired Pricing Matrix. More favorable pricing available for      higher DSC and lower LTV.

• Loan Term  5 to  30 years
  

• Amortization  Up to 30 years
  

• Minimum  DSC  1.15 for a variable rate / 1.20 for fixed rate
  

• Maximum LTV  75%  - 80% LTV
  

• Adjustable Rate  Available. Priced off the one month or three month LIBOR.     Convertible and non convertible options available.
  

• Eligible Property  Multi-Family, Mixed- Use, Assisted Living,
  

• Eligible Borrower Single  asset entity
  

• Occupancy Requirement  90% physical occupancy
  

• Tax & Insurance Escrows   Monthly deposits required. May be waived if certain criteria met.
  

• Recourse   Non-recourse with standard exceptions of fraud and misrepresentation can be waived for 100% restricted properties.
  

• Commercial Space  Maximum 20% of net rentable area and maximum 20% of effective gross income
  

• Required Reports Appraisal, property condition, assessment and phase 1
  

• Prepayment  Yield maintenance or defeasance
  

• Assumable  Subject to approval and 1% fee
  

• Supplemental Loans Eligible for secondary financing after 12 months
  

• Closing   Closing within 45 to 60 day

“$700 Billion Bailout Package” is

now available for a special program.

This program will finance the

Following;  

                  Multifamily,

                  Affordable Housing,

                  Mixed Use,

                  Assisted Living,

                  Student Housing,

                  Mobile Home Parks

  R I A S FI N A N C I A L 

GLOBAL COMMERCIAL REAL ESTATE GROUP

Kenne Dinham Jr.   Email: Kenne.DinhamJr@gmail.com    Web Site: www.Friasfinancial.com 

Mobile: 718.301.3212   New Office: 516.279.6130 / 516.279.6129    Efax: 516.706.2413

Limits: $500,000 to $500 Million                  November 25, 2008

Commercial Properties Average Rates

3, 5, and 7yrs adjustable with up to 30 yr Amortization  

5.375%     70% LTV 3-Year Fixed Arm     70% Churches   

5.375%     70% LTV 5-Year Fixed Arm       70% Office   

6.000%     70% LTV 7-Year Fixed Arm      70% Mixed Use 

6.625%     70% LTV 10-Year Fixed Arm   75% Multi family

3.139%     10 Yr Treasury      70% Hotels    

4.000%     Prime Rate             70% Retail

       3 Month LIBOR + Prime        Private Lenders     Terms

Rate:   2.196%+            4.000%+   11% -14%     1 -2 years

Closing Time   30 to 45 days 10 -15 days Interest only

(LTC) Loan to Cost:  Up to 80% of Cost

(LTV) Loan to Value:  Maximum Commitment LTV is 75% of Stabilized Value

LTV  2 year Fixed     3 Year Fixed    5 Yr Fixed       Amortization

75-80%    6.56%   6.78%   7.26%        30 Years 

LTV        12 Month Term   Min Loan   Max Loan    LIBOR   Prime Private Money

50% to 70% 10.00%    $10 million $500 million   2.196%    4.00%    12% to 16%

Acquisition & Development of domestic and international resorts Rates are based on various Indices; LIBOR, Prime Rate, and Private financing available. 5 and 10 year terms available

LTV RATE    MAX LOAN     MIN FICO    PROPERTY TYPES

65% 9.00%    $5 MILLION    620                INCOME PRODUCING PROPERTIES & 1031

LTV            Programs          Rate  Max Loan            Min FICO   

65% -70%| Hard Money Loans      11% -14%            $50 million  none

2 weeks closings / Income Producing Properties/ No Land or Construction loans