Commercial Real Estate Financing News + More: At a Rebuilt World Trade Center, a Friendship Fades + MORE 09/12/2016

Health-Care Office Building Financing – More Info Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

Tax Returns versus Stated Income!

Most traditional banks will require several years of tax returns in order to qualify for a commercial real estate loan. The alternative is to use a Stated Income lender that does not verify personal income or assets. Many borrowers will simply not qualify for a commercial mortgage loan if tax returns are used due to high business expenses (and low net income). Many lenders using tax returns will also continue to verify income after the loan closes. Stated Income lenders will not engage in this practice.

High-rises, townhomes and a public river walk are planned for an undeveloped area south of Chicago’s downtown Loop in a project breaking ground Monday, adding to a frenzy of construction along the waterway.

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Frank Lowy and Larry Silverstein’s interests were aligned when they bought the lower Manhattan complex, but they diverged during its rebuilding.

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An office complex in Hackensack, N.J., hit hard by the financial crisis has been acquired by the family that developed the three buildings about a half-century ago.

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Updated Posts

Commercial Real Estate Financing News + More: Former Google CEO says everyone forgot about criminals when building the internet + MORE 02/16/2017

When people built the internet, they forgot about the bad guys. At least, that's according to Eric Schmidt, executive chairman of Alphabet and former Google CEO..... More »

Commercial Real Estate Financing News + More: Yahoo's top editor will leave after Verizon sale + MORE 05/26/2017

Megan Liberman, the editor-in-chief of Yahoo News, announced Friday that she is leaving the company after the completion of its merger with Verizon..... More »

Commercial Real Estate Financing News + More: Fox News removes false story on Seth Rich's murder -- six days after it was debunked + MORE 05/23/2017

Fox News on Tuesday removed from its site an inaccurate story that peddled a conspiracy theory about the murder of Democratic National Committee Staffer Seth Rich. The story had remained online for almost a week after CNN pointed out basic problems with its assertions..... More »

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