Q: How will the interest rate for the loan be effected if the subject property is in an anchored center?

A: Normally, our Lenders offer a better interest rate (lower interest rate spread) and more favorable loan terms if the subject property is located around major retail tenant(s). The rationale is that large tenants attract more business to the subject property allowing sales to be more beneficial at the specific location and reducing the likelihood of the tenant vacating the subject property.