Commercial Real Estate Financing News + More: Updated: Baltimore City Council Approves Public Financing for $5.5 Billion Port Covington Waterfront Development + MORE 09/21/2016

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Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

Despite a well publicized recall and dramatic tales of fire, only 25% of Samsung Galaxy Note 7s have been returned so far in the U.S.

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After months of frequently heated public debate, the Baltimore City Council on Monday night voted without discussion for final approval of a $660 million public financing package enabling the Port Covington development to move forward in one of the largest economic development projects in the city"s history…

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Maybe Donald Trump will “take a question here and there" while he is on the campaign trail, campaign manager Kellyanne Conway said Tuesday night.

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Recent commercial real estate transactions in New York City.

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In a few years, when we"re all hurtling down highways in our self-driving cars and wearing virtual reality goggles, we"ll need more high speed internet options.

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