Medical Office Building Financing News + More: DJI launches drone the size of water bottle + MORE 09/28/2016

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Debt Service Coverage Ratio!

The most flexible approach to Debt Service Coverage Ratio for a commercial property loan will require a Debt Service Coverage Ratio in the range of 1 to 1.2, with exceptions permitting a Debt Service Coverage Ratio less than 1.
It is not unusual to encounter a minimum commercial real estate loan requirement of $500,000 to $1,000,000.
Many traditional banks require three to nine months to close a commercial mortgage. A more action-oriented commercial lender will close commercial real estate loans in 45 to 60 days.

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The ranks of the super-wealthy are growing quickly in China — and nowhere more than Zhejiang province.

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Attention Facebook users: Brad Pitt isn"t dead, and clicking on that post could give a hacker control of your account.

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The Wells Fargo executive who led the division that created fake accounts could still walk away with a fortune of $77 million — even after the bank slashed her pay.

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Wells Fargo CEO John Stumpf will forfeit much of his 2016 salary — including his bonus and $41 million in stock awards — as the bank launches a probe into its phony accounts scandal.

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