Medical Office Building Financing News + More: French election rally; China stocks plunge; Oil stabilizes + MORE 04/24/2017

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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.

1. French election rally: The euro surged 1.2% against the dollar on Monday after pro-European reformer Emmanuel Macron emerged as the front runner to become the next French president.

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The fight over Obamacare’s future is now threatening to shut down the federal government.

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It’s the ultimate Jimmy Choo sale.

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Even top tech executives think they could be replaced by robots one day.

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