Commercial Real Estate Financing News + More: CoStar's People of Note (Jan. 27) – CBRE Names New Presidents for Three Major US Divisions + MORE 01/28/2017

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.

Billionaire buddies Warren Buffett and Bill Gates held court at a Q&A hosted at Columbia Business School Friday.

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Mark Zuckerberg has decided to speak up against President Trump.

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Look around, look around because Angelica, Eliza… and Peggy are going to the Super Bowl.

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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, South Florida, Minneapolis / St. Paul, Tampa / St. Petersburg, Atlanta, Dallas / Ft. Worth, St. Louis, Washington DC, Phoenix / Tucson, New York City, Northern California, Ohio, Southern California, Texas more!
CBRE Names New Top Managers for Three US Divisions
By…

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A ticket selling scam featuring the Broadway hit “Hamilton” — where resold tickets can go for thousands of dollars — bilked investors out of tens of millions of dollars, a federal complaint charged Friday.

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