Terrace Capital, Inc.  is an advisory firm and asset manager of private funds. The firm has extensive experience in structuring all debt and equity layers of the capital stack for commercial real estate transactions.

The Firm is a leader in engineering Balance Sheet or CMBS debt/equity solutions for wide range of real estate transactions.

Are Treasurys Falling Out of Favor With China?

Reports that China may step up the diversification of its huge foreign exchange reserves is not great news for U.S. Treasurys, already under pressure from talk about an easing in the Federal Reserve's bond-buying program. But, the fall-out from such a move is likely to be limited, analysts say. The body that manages China's currency reserves has set up an operation in New York to invest in private equity, real estate and other assets as it steps up its diversification away from U.S. government bonds, the Wall Street Journal reported late Monday, citing sources familiar with the move. 

China has the biggest currency reserves in the world, worth more than $3 trillion. It's also the biggest holder of U.S. government debt - no surprise then that in recent years any talk that it might unwind some of those bond holdings has led to some nervousness in markets.

Program Highlights are as follows:

Property Type:  Multifamily, MHC, Office, Industrial, Self Storage, Retail, Mixed-use.

LTV: Up to 85% 

Min DSCR: 1.25x 

Terms: 5-20 Years

Rates: 3.50% and up 

Amortization: 25-30 Years

Early Rate Lock Period: Up to 18 months

Recourse: Non-recourse

Loan Amount:  $3MM and Up

Transaction Type: Acquisition or Refinance

Program Highlights are as follows:

Property Type:  Multifamily, MHC, Office, Industrial, Self Storage, Retail, Mixed-use.

LTV: Up to 75% 

Min DSCR: 1.25x 

Terms: 2-5 Years

Rates: 7% and up 

Amortization: 25-30 Years

Loan Amount:  $1MM and up

Transaction Type: Acquisition, Refinance/ Discounted Payoff/ Re-structuring