Medical Office Building Financing News + More: Brexit means paying more for breakfast + MORE 07/10/2017

Health-Care Office Building Financing – More Info Here!

Stated Income Options Available

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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.

Abercrombie & Fitch has decided that it no longer wants to shop itself. The teen apparel retailer said Monday it has ended discussions about a possible sale. It was only two months ago that the company had put itself on the shopping block.

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Brexit could make breakfast a lot more expensive.

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Air India has introduced an innovative new cost-cutting measure: Meatless meals.

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Amazon really wants you to buy smart home products. In fact, it"ll even come and set them up for you.

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Wells Fargo customers who had fake accounts created in their names are a step closer to some payback.

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Commercial Real Estate Financing News + More: Wells Fargo victims get closer to payback in $142 million settlement + MORE 07/10/2017

Commercial Real Estate Financing – Click Now!

Stated Income Loan Programs

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Special Purpose Properties!

It is becoming increasingly difficult to get commercial loans for special purpose properties. Properties that do not fall in the categories of apartments or retail/office buildings are often placed in this special purpose classification. This means that business acquisition loans for commercial properties such as restaurants/bars and auto service businesses are frequently hard to find. Commercial financing will be even more difficult to locate for such specialized properties as churches, funeral homes, nursing homes and assisted living facilities.

Seeking to acquire more office properties in its core markets without resorting to issuing stock or raising leverage, Columbia Property Trust (NYSE:CXP) formed a joint venture with Allianz Real Estate to pursue Class-A office properties in certain U.S. markets. The two investors have initially contributed three unencumbered properties to the joint venture with a combined gross asset value of $1…

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Abercrombie & Fitch has decided that it no longer wants to shop itself. The teen apparel retailer said Monday it has ended discussions about a possible sale. It was only two months ago that the company had put itself on the shopping block.

Continue Reading On rss.cnn.com »

Amazon really wants you to buy smart home products. In fact, it"ll even come and set them up for you.

Continue Reading On rss.cnn.com »

Brexit could make breakfast a lot more expensive.

Continue Reading On rss.cnn.com »

Wells Fargo customers who had fake accounts created in their names are a step closer to some payback.

Continue Reading On rss.cnn.com »

Air India has introduced an innovative new cost-cutting measure: Meatless meals.

Continue Reading On rss.cnn.com »