Commercial Real Estate Financing News + More: Mega Millions winner comes forward to claim $393 million prize + MORE 08/26/2017

Health-Care Office Building Financing – More Info Here!

Stated Income Loan Programs

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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.

The governor of Illinois has vetoed a bill that would have raised the state"s minimum wage to $15 an hour by 2022.

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Another day, another large novelty check boasting an enormous amount of money.

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It"s time to update those contact managers with CoStar"s People of Note, reporting news on significant new CRE hires and promotions. This week"s issue includes the following markets: Northern New Jersey, Chicago, Boston, Austin, Orange County, South Florida, Detroit / Grand Rapids and Southwest Florida…

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Uber is considering selling the massive Oakland office building that was supposed to be its new headquarters.

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Jared Kushner"s role in the West Wing is complicating his family company"s attempts to get real estate deals done.

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Commercial Real Estate Financing News + More: After Heathcare Setback, Can Congress, Trump Administration Break Gridlock on Infrastructure, Tax Reform? + MORE 08/24/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

Recall/Balloon Features

These terms are used by many banks to effectively shorten most commercial real estate loans to 3-7 years. Short-term loans (less than fifteen years)
15-40 year commercial property loans without recall/balloon features are available. Please note that processing/retainer fees are not included in this discussion of commitment fees. Processing/retainer fees should be viewed as an acceptable and standard business practice when dealing with commercial real estate loans.

President Trump began an investigation earlier this year into whether steel imports were threatening national security. Four months later, the steel industry wants action.

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Gas prices are going to jump in some parts of the country as Hurricane Harvey nears the Texas coast.

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For the second consecutive quarter, the Real Estate Roundtable"s Economic Sentiment Index reflected waning market optimism, largely due to the political uncertainties and lack of progress on pro-growth initiatives in Washington.

At the same time, however, respondents to the third-quarter survey conducted earlier this month continued to express confidence that property-level metrics and performance are holding steady even as hope dims over prospects…

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The U.S. commercial real estate market could soon find out what happens when the government of the world’s largest country tightens the spigot on overseas investments from its citizens. Last week, the State Council of the People"s Republic of China officially announced measures to curb outbound investment – a move Chinese officials had been hinting at all year…

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The U.S. commercial real estate market could soon find out what happens when the government of the world’s largest country tightens the spigot on overseas investments from its citizens. Last week, the State Council of the People"s Republic of China officially announced measures to curb outbound investment – a move Chinese officials had been hinting at all year…

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Commercial Real Estate Financing News + More: The Arizona Republic front page played Trump rally with a different approach + MORE 08/23/2017

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.

James Damore, the Google engineer who was fired after he wrote an explosive memo on diversity, has retained an attorney.

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Ferrari has released photos of the new convertible model it will unveil at the Frankfurt Motor Show next month. The V8-powered Ferrari Portofino will replace the California T, Ferrari"s entry-level model.

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The U.S. government won"t try to stop Amazon"s $13.7 billion takeover of Whole Foods, a deal that has massive implications for both e-commerce and how we shop for food.

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Many newspaper front pages on Wednesday featured a photo of President Trump with headlines that mentioned him by name. They touched on themes from his blustery speech at a rally in Phoenix, Arizona.

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Commercial Real Estate Financing News + More: Nonprofit cancels event at Trump golf course in New Jersey + MORE 08/22/2017

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.

Now an upcoming event at one of Trump"s New Jersey golf courses has been canceled.

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A charity that decided to cancel a fundraiser at President Trump"s Mar-a-Lago club now says it could run into financial trouble.

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Quality Care Properties Inc. (NYSE: QCP) has filed a lawsuit seeking to appoint an independent receiver to oversee operation of 292 of its skilled nursing and assisted living/memory care facilities currently operated by HCR ManorCare Inc., its largest tenant.

The company initiated the legal action in California State Court, asking for the appointment of an independent receiver to preserve the value of Quality Care’s facilities, despite HCR ManorCare…

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Read full story for latest details.

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President Trump"s first prime time address averaged 28 million viewers across the United States, according to the ratings company Nielsen.

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A former lottery worker was sentenced to 25 years in prison on Tuesday for rigging the system in several states so he could collect the jackpots.

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Commercial Real Estate Financing News + More: Charities are hitting Trump where it hurts — the wallet + MORE 08/21/2017

Commercial Real Estate Financing – Click Now!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

Just over three months after acquiring the leasehold of the Westin Maui Resort & Spa from Marriott International Inc. for $317 million, Trinity Investments LLC and Oaktree Capital Management, LP have announced a joint venture to invest up to $3 billion in Trinity"s core markets of Hawaii, California, Mexico and Japan…

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We finally have a name for Google"s latest mobile operating system: Android Oreo.

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As President Trump prepares to address the nation Monday evening to announce his strategy in Afghanistan, it"s worth noting how much the longest U.S. war in the country"s history has already cost Americans financially.

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Foxconn"s plan to create thousands of jobs in Wisconsin is moving right along.

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Travel Leaders Group has signed a lease to occupy 105,892 square feet at 1633 Broadway in New York City.

The largest travel agency in the U.S., Travel Leaders Group will occupy the entire 35th and 36th floors on a 10-year deal slated to commence in Q1 2018.

The CBRE team of Patrice Meagher, Paul Amrich, Howard Fiddle, Emily Jones and Robert Hill brokered the lease on behalf of the landlord, Paramount Group…

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At least 11 organizations have canceled fundraisers at Mar-a-Lago, President Trump"s Florida resort.

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Commercial Real Estate Financing News + More: Carl Bernstein: This is the Trump story reporters need to cover + MORE 08/20/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

Recall/Balloon Features

These terms are used by many banks to effectively shorten most commercial real estate loans to 3-7 years. Short-term loans (less than fifteen years)
15-40 year commercial property loans without recall/balloon features are available. Please note that processing/retainer fees are not included in this discussion of commitment fees. Processing/retainer fees should be viewed as an acceptable and standard business practice when dealing with commercial real estate loans.

Despite having more financial “skin in the game" than ever, many consumers don"t make any attempt to compare prices for health care services, a newly released study found.

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Prominent organizations are canceling events at Mar-a-Lago, President Trump"s resort in Florida.

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Another group has ditched plans to host an event at President Trump"s Mar-a-Lago resort.

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Buckle up: Negotiators from the United States, Canada and Mexico are trying to rewrite NAFTA by the end of the year. That won"t be easy.

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Is President Trump stable and competent enough to do his job?

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Commercial Real Estate Financing News + More: Feeling lucky? There's a $535M Powerball drawing tonight + MORE 08/19/2017

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.

Volkswagen will revisit its Microbus history, but with a twist.

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James Bond"s favorite car company just made a splash on the auction scene.

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Here"s a bit of good news: There"s a half-billion dollar lottery prize up for grabs.

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It"s time to update those contact managers with CoStar"s People of Note, reporting news on significant new CRE hires and promotions. This week"s issue includes the following markets: Chicago, San Francisco, Boston, Northern New Jersey, Washington DC, Los Angeles, New York City, Atlanta, Minneapolis, Seattle, Salt Lake City, Las Vegas, Toronto, Austin, Dallas / Ft…

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Suburban office markets with emerging ‘urban-style" live-work environments and good transportation access are gaining increasing cachet among investors and cost-conscious office users, according to a new survey of the nation"s 25 largest suburban markets by CBRE Group, Inc.

As office prices and rental rates rise in the nation"s CBDs, certain “urban-suburban" districts may offer investors opportunities at lower prices, according to CBRE, noting…

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Tuesday"s Commerce Department report of a major boost in U.S. retail sales in July, combined with a stronger-than-expected jobs report earlier this month, suggests that the U.S. economy continued its slow but steady expansion in the third quarter.

Usually, record highs in the stock market, strong economic indicators and stable fundamentals across U…

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Commercial Real Estate Financing News + More: 'All manner of stupid came out': Late night responds to Trump's press conference + MORE 08/16/2017

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.

President Trump"s news conference left many shocked while leaving late night hosts, such as ABC"s Jimmy Kimmel, ready to respond — even if they had other things planned.

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President Trump is one step closer to getting a new trade deal with Canada and Mexico.

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Six people have left President Trump"s manufacturing council in recent days amid the extraordinary uproar sparked by the violence in Charlottesville.

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DineEquity Inc. (NYSE: DIN), the parent company of Applebee"s Neighborhood Grill & Bar and IHOP restaurants, announced more aggressive restaurant closure plans this past week, more than doubling the count of Applebee’s it expects to close this year, from originally planning 40 to 60 closures to 105 to 135…

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One day after Intel CEO Brian Kraznich stepped down from President Trump"s manufacturing council to protest Trump"s response to the white nationalist rally in Charlottesville, the firm released its mid-year diversity report.

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Bond, James Bond will again be played by Craig, Daniel Craig.

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Commercial Real Estate Financing News + More: From racism to climate change, CEOs keep turning on Trump + MORE 08/15/2017

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.

Under Armour CEO Kevin Plank said Monday night that he"s leaving President Trump"s manufacturing council, the second departure by a high-profile business leader in the space of a day.

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The election of a businessman to the White House fueled a wave of optimism among America"s CEOs. Now some of those same business leaders are turning on President Trump.

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President Trump"s initial failure to condemn white supremacy on Saturday was too much for Kenneth Frazier.

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Longtime Fox News contributor and fill-in host Laura Ingraham is in line for her own show on the channel, possibly in a key prime time hour.

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Colony NorthStar Inc. (NYSE:CLNS) foreclosed on a $1.3 billion, 148-property limited-service hotel portfolio.

Known as the “Tharaldson Portfolio,” the hotels were owned by Whitehall Street Global Real Estate LP 2005 and Whitehall Street Global Employee Fund 2005, of which Goldman Sachs was the major investor…

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Intel CEO Brian Krzanich has become the third top business leader to step down from President Trump"s manufacturing council on Monday.

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Commercial Real Estate Financing News + More: Journalist says Fox News host Eric Bolling's lawsuit doesn't scare him + MORE 08/14/2017

Commercial Real Estate Financing – Click Now!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

On August 1, one day after the abrupt exit of White House communications director Anthony Scaramucci, President Trump dined with a communications whiz: Rupert Murdoch.

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Amazon says it is taking action against potentially counterfeit solar eclipse glasses.

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Former White House communications director Anthony Scaramucci says President Trump should have come out harder against white supremacy after Saturday"s violence in Charlottesville, Virginia.

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President Trump calls it the worst trade agreement in American history.

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