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One of PSRSs most competitively priced Life Insurance Correspondents has already exhausted their 2017 loan allocation. They are seeking to place loans for a 2018 funding and they are offering a 6 month rate lock today for no premium. Spreads range from 125-165 or 3.50%-3.90% for a 10 year fixed loan on Office, Industrial, Multifamily, and Retail. This program is a great fit for a recently completed apartment building that is in lease up or a loan that doesnt mature until early 2018. |
| Please contact us today to see if your project will be a fit. |
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| Featured Transaction |
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1033 Hilgard
Life Insurance Company
125 Units
$17 M
Westwood, CA |
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| PSRS Plans To Attend The Following Events |
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BISNOW - Los Angeles Construction & Development
August 29, 2017 - 8:00am-11:00am
Omni Los Angeles Hotel at California Plaza
5800 Bristol Parkway, Culver City, CA 90230
NAIOP - SoCal OC Golf Tournament 2017
September 13, 2017 - 8:00am to 5:00pm
Strawberry Farms Golf Club
11 Strawberry Farm Rd, Irvine, CA 92612
ICSC Western Division
PSRS Will Have a Booth
October 2 to 4, 2017
Los Angeles Convention Center
Los Angeles, CA 90015
RealShare Apartments 2017
October 18 and 19, 2017
Westin Bonaventure Hotel
404 S Figueroa St, Los Angeles, CA 90071
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| Why Work with PSRS |
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- Non-recourse financing
- Lock rate at application
- Terms - Floating Rate to 40 Year Fixed
- Minimal to no reserve structure
- Current servicing portfolio of $5.5 Billion Fast servicing decisions
- Nationwide coverage in the US on all commercial and multi-family real estate
- Loan sizes from $1 Million to $100 Million+
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| PSRS represents 22 life insurance companies, and also works with banks, private capital and other credit facilities seeking investment in real estate secured assets. |
| We maintain a loan servicing portfolio that includes these life company mortgages, and we are available to provide borrowers with local customer service over the life of the loan. |
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| ABOUT PSRS |
| Founded in 1972, PSRS is one of the largest privately-held commercial mortgage banking firms in the Western United States. |
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| Copyright © 2017 PSRS. All rights reserved. |
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