Commercial banks have begun to make longer-term commercial mortgage loans with a 5 to 7-year maturity range known as "mini-perms."

Name: Commercial banks have begun to make longer-term commercial mortgage loans with a 5 to 7-year maturity range known as "mini-perms."
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Mini-perms are indeed a type of financing provided by commercial banks that typically have a shorter duration, often in the 5 to 7-year range, designed as an intermediate solution before obtaining long-term financing.

Commercial Banks Have Begun to Make Longer-Term Commercial Mortgage Loans