Medical Office Building Financing News + More: Trump Inc. and conflicts: What you need to know + MORE 12/28/2016

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Sourcing And Seasoning Assets. Seasoning of Ownership!

This particular problem will not be relevant to all business borrowers. However, if it is relevant, you should seek out a lender without sourcing and seasoning requirements or limitations. Most banks have strict guidelines for sourcing and seasoning of assets or ownership to qualify for commercial real estate loans. For a purchase, commercial lenders will frequently want documentation about where the down payment is coming from (sourcing). Commercial lenders will also frequently have very specific requirements stipulating that the funds must have been in a specific account for a specific period of time, often 3-6 months or longer (seasoning). Seasoning of ownership is similar to seasoning of funds, except this requirement involves the minimum time someone has owned a commercial property before they can refinance the property.

President-elect Trump keeps threatening to impose tariffs on imports to boost U.S. manufacturing.

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Wall Street loves Donald Trump"s pledge to slash taxes, roll back regulation and unleash infrastructure spending. But investors fear that his anti-trade campaign talk could translate into damaging protectionist policies.

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From all-new airliners made by Russia and China to a trio of twin-aisle jets from Boeing and Airbus, 2017 will bring an unusually large batch of new airplanes.

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You may have heard by now: The next president of the United States owns a business empire that threatens to present an array of conflicts of interest when he takes office in three weeks.

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Facebook activated its Safety Check feature in Bangkok on Tuesday, saying there had been an “explosion." Just one problem: There had been no terror attack, bombing or industrial accident in the city.

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