James Real Estate RE Fin Terms Dnvr 2000 3rd Qtr  Page 7
 
7 
 
COMMERCIAL/INVESTMENT MORTGAGE INTEREST RATES 
 
 
Apartments 
Office 
Buildings 
 
Retail 
 
Industrial 
Hotel/ 
Motel  
Other 
Commercial 
2000 
   I Q 
 
8.47% 
 
8.49% 
 
8.40% 
 
8.54% 
 
8.88% 
 
8.77% 
1999 
  IV Q 
  III Q 
   II Q 
   I  Q 
 
7.90% 
7.53% 
7.41% 
7.27% 
 
8.11% 
7.84% 
7.57% 
7.30% 
 
8.04% 
7.72% 
7.46% 
7.16% 
 
8.03% 
7.76% 
7.49% 
7.18% 
 
8.65% 
8.19% 
8.16% 
8.00% 
 
7.94% 
7.71% 
7.71% 
7.83% 
1998 
   IV Q 
   III Q 
   II Q 
   I  Q 
 
6.83% 
6.94% 
7.22% 
7.30% 
 
7.01% 
7.29% 
7.06% 
7.05% 
 
7.08% 
6.78% 
6.95% 
7.42% 
 
7.05% 
6.97% 
6.85% 
7.13% 
 
7.47% 
7.26% 
7.62% 
7.29% 
 
7.11% 
7.20% 
7.35% 
7.14% 
1997 
  IV Q 
  III Q 
  II Q 
  I  Q 
 
7.73% 
7.62% 
8.05% 
7.84% 
 
7.74% 
7.81% 
7.98% 
7.85% 
 
7.73% 
7.75% 
8.00% 
7.80% 
 
7.76% 
7.78% 
7.99% 
7.77% 
 
8.25% 
7.69% 
8.11% 
8.25% 
 
8.13% 
7.88% 
8.30% 
8.15% 
1996 
  IV Q 
  III Q 
  II Q 
  I   Q 
 
7.83% 
8.09% 
8.01% 
7.29% 
 
7.90% 
8.26% 
7.99% 
7.31% 
 
7.79% 
8.27% 
7.76% 
7.43% 
 
7.94% 
8.19% 
8.17% 
7.34% 
 
8.85% 
8.96% 
8.81% 
7.79% 
 
8.02% 
8.31% 
7.79% 
8.40% 
1995 
  IV  Q 
  III Q 
  II  Q 
  I   Q 
 
7.51% 
7.65% 
8.11% 
9.03% 
 
7.55% 
7.90% 
8.23% 
9.13% 
 
7.45% 
7.76% 
8.19% 
9.08% 
 
7.51% 
7.82% 
8.14% 
9.23% 
 
8.42% 
8.44% 
9.25% 
9.14% 
 
7.78% 
7.77% 
8.02% 
9.62% 
1994cc 
  IV  Q 
  III Q 
  II  Q 
  I   Q 
 
9.16% 
8.76% 
8.39% 
7.77% 
 
9.28% 
8.88% 
8.54% 
7.57% 
 
9.06% 
8.74% 
8.49% 
8.06% 
 
9.26% 
8.72% 
8.45% 
7.90% 
 
NA  
9.62% 
9.38% 
NA  
 
9.68% 
8.28% 
8.91% 
7.96% 
1993 
  IV  Q 
  III Q 
  II  Q 
  I   Q 
 
7.72% 
7.98% 
8.16% 
8.51% 
 
7.63% 
8.32% 
8.14% 
8.69% 
 
7.74% 
7.52% 
8.25% 
8.72% 
 
7.74% 
 7.96% 
8.27% 
8.44% 
 
9.23% 
8.45% 
9.38% 
8.55% 
 
7.52% 
8.44% 
8.10% 
8.69% 
1992 
  IV  Q 
  III Q 
  II  Q 
  I   Q 
 
8.53% 
8.83% 
9.13% 
9.20% 
 
8.97% 
9.33% 
9.50% 
9.38% 
 
8.60% 
8.89% 
9.44% 
9.14% 
 
8.44% 
8.24% 
9.04% 
9.15% 
 
9.74% 
9.87% 
9.59% 
10.02% 
 
8.17% 
9.14% 
NA  
9.50% 
1991 
  IV  Q 
  III Q 
  II  Q 
  I   Q 
 
 9.53% 
9.53% 
9.59% 
9.56% 
 
9.87% 
9.87% 
9.63% 
9.91% 
 
9.82% 
9.82% 
9.48% 
9.88% 
 
9.41% 
9.41% 
9.43% 
9.50% 
 
10.00% 
10.00% 
10.75% 
NA   
 
NA  
NA  
NA  
NA  
 
Source:  American Council of Life Insurance