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Transactions

Jan. 24, 2006

DAILY DEALS -- Transactions for Jan. 23

REDWOOD CITY - ARCS Commercial Mortgage Co. provided $123.4 million in financing to Prometheus Real Estate Group Inc. for four multifamily properties. The 10-year loans will be repaid interest-only for the first five years at a fixed rate of 5.39 percent. A 30-year amortization begins in the sixth year. The properties are located in Cupertino, Mountain View, Santa Clara and Alameda and hold a combined total of 985 units.

        MULTIFAMILY
        
        REDWOOD CITY - ARCS Commercial Mortgage Co. provided $123.4 million in financing to Prometheus Real Estate Group Inc. for four multifamily properties. The 10-year loans will be repaid interest-only for the first five years at a fixed rate of 5.39 percent. A 30-year amortization begins ...

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