A group of investors would like to purchase a property with $140 million. They are considering two financing alternatives. the first is a 95%,30 year, fixed rate mortgage at 5.75%. With this mortgage the lender will require mortgage insurance which will cost $94000 per month.(this amount will be added to the monthly prepaid and interest payments). The mortgage insurance will be cancelled after 13 years so that it will not be required during years 14 to 30 of loan. The lender will charge 1 point in conjunction with this loan. The second option combines 80% 30 year , fixed fixed rate mortgage insurance loan a mortised over 10 years with 7.25% interest rate. Total fees associated with this financing will be $2330000. The investors holding period is at least 30 years. 

Required: 

Which of the two alternatives would you recommend.