Loan Spreads

Seems expensive, but A.Friend published these levels on new CRE loans:

Anchored Retail 55 - 65% LTV
Rates: 10 yr Treasury + 400-450 spread

Strip Center 55 - 60% LTV
Rates: 10 yr Treasury + 450-550 spread

Multi-Family (non-agency) 65 - 70% LTV
Rates: 10 yr Treasury +275 spread

Multi-Family (agency) 70 - 75% LTV (most aggressive)
Rates: 10 yr Treasury + 250 spread

Distribution/Warehouse 60 - 65% LTV
Rates: 10 yr Treasury + 400 spread

R&D/Flex/Industrial 60 - 65% LTV
Rates: 10 yr Treasury + 450 spread

Office 55 - 65% LTV
Rates: 10 yr Treasury + 360 spread

Hotel 50% LTV
Rates: 10 yr Treasury + 500 spread