Author: brtozone123

Commercial Real Estate Financing News + More: Value of Trump's Golf Clubs Lags Behind Investment Surge + MORE 04/06/2017

brtozone123

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Loan Programs

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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.

It’s official: Your browsing history can be sold to advertisers. President Trump on Monday signed a measure reversing rules that would have required internet providers to get consent before selling your browsing history.

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More than 8,000 current and recent Uber and Lyft drivers in Massachusetts have been banned from driving in the state under new, stricter background check regulations.

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A top House Republican beseeched President Trump to fire Richard Cordray, the head of the Consumer Financial Protection Bureau, pronto.

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President Donald Trump’s golf courses are in the spotlight, but the value of the properties hasn’t kept pace with the amount of money he has invested to make upgrades.

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Zapped by Zappos and other online shoe outlets, Payless ShoeSource has become the latest casualty from the ongoing shakeout among retailers. The discount footwear company filed for Chapter 11 bankruptcy protection on Tuesday and said it will immediately close 400 stores in the U.S. and Puerto Rico, with additional store closings likely down the road…

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Stated Income Commercial Financing

Medical Office Building Financing News + More: Dozens of advertisers have left Bill O'Reilly. Can Fox News stand by him? + MORE 04/06/2017

brtozone123

Medical Office Building Financing – Click Here!

Stated Income Options Available

Call BRT Financial @ 904-551-6090

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.

It’s official: Your browsing history can be sold to advertisers. President Trump on Monday signed a measure reversing rules that would have required internet providers to get consent before selling your browsing history.

Continue Reading On rss.cnn.com »

More than 8,000 current and recent Uber and Lyft drivers in Massachusetts have been banned from driving in the state under new, stricter background check regulations.

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Bill O’Reilly’s future at Fox News is the number one topic among Manhattan media executives, entertainment agents and journalists. But the network is keeping mum. Seemingly the only place where it isn’t being discussed is on Fox News.

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A top House Republican beseeched President Trump to fire Richard Cordray, the head of the Consumer Financial Protection Bureau, pronto.

Continue Reading On rss.cnn.com »

Read full story for latest details.

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Call BRT Financial @904-551-6090

Commercial Building Financing

Commercial Real Estate Financing News + More: Square Feet: Downtown Brooklyn’s Dearth of Office Space Beckons Tishman Speyer + MORE 04/05/2017

brtozone123

Medical Office Building Financing – Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

The developer, which owns Rockefeller Center and the Chrysler Building, is building a 620,000-square foot office tower.

Continue Reading On nytimes.com/services »

Recent commercial real estate transactions in New York City.

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Kendall Jenner’s new ad for Pepsi has fallen flat.

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Count KKR & Co. (NYSE: KKR) among the major investors who see an opportunity in offering CRE debt capital to take out a high volume of over-leveraged CRE properties with approaching loan maturity dates.

The private equity giant is planning to enter the public commercial real estate finance arena by launching KKR Real Estate Finance Trust Inc…

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Major League Baseball uniforms will continue to be made in the U.S., and more than 500 factory workers will keep their jobs, even though MLB is switching suppliers for the first time in 30 years.

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The Writers Guild of America will give peace another chance next week as Hollywood waits to find out if an industry-rattling strike is imminent.

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Call BRT Financial @904-551-6090

Health-Care Office Building Financing

Medical Office Building Financing News + More: Read what Bill O'Reilly's sponsors are saying about 'disturbing allegations' of harassment + MORE 04/05/2017

brtozone123

Medical Office Building Financing – Click Here!

Stated Income Options Available

Call BRT Financial @ 904-551-6090

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.

The NFL has partnered with Amazon to stream Thursday Night Football games during the upcoming season.

Continue Reading On rss.cnn.com »

Kendall Jenner’s new ad for Pepsi has fallen flat.

Continue Reading On rss.cnn.com »

Major League Baseball uniforms will continue to be made in the U.S., and more than 500 factory workers will keep their jobs, even though MLB is switching suppliers for the first time in 30 years.

Continue Reading On rss.cnn.com »

Fox News’ “The O’Reilly Factor” is facing a rapidly growing exodus of advertisers in the wake of a New York Times report that five different women had reached settlements over allegations of sexual harassment or verbal abuse against the show’s host, Bill O’Reilly.

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The Writers Guild of America will give peace another chance next week as Hollywood waits to find out if an industry-rattling strike is imminent.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Commercial Building Financing

Commercial Real Estate Financing News + More: 5 things to know about the gender pay gap + MORE 04/04/2017

brtozone123

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.

There are women at Fox News who want to speak up. But they’re afraid. They’ve seen other women stand up for themselves — against former Fox News chief Roger Ailes, against host Bill O’Reilly — and lose their jobs as a result. Meanwhile, they’ve seen those men defended and handsomely compensated by the company.

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Fox News host Bill O’Reilly opened his top-rated program Monday night by teasing an “explosive new report.” But not the one about him.

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In Apalachicola, Fla., residents are divided over how to solve a lack of affordable housing. Some advocate converting early examples of African-American architecture.

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Happy Equal Pay Day!

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The Federal Reserve’s regulatory czar departs Wednesday, potentially clearing a path for President Trump to loosen the rules governing Wall Street.

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Colliers International Group Inc. (Nasdaq:CIGI) has acquired its affiliate WelshCo LLC in the latest in a series of acquisitions in the Midwest and other U.S. regions.

Founded in 1977, Welsh has grown into a market leader in the greater Minneapolis-St. Paul area and became a Colliers International affiliate in 2010…

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Call BRT Financial @904-551-6090

Commercial Real Estate Financing

Medical Office Building Financing News + More: At Fox News, fear and silence amid O'Reilly controversy + MORE 04/04/2017

brtozone123

Commercial Real Estate Financing – Click Now!

Stated Income Options Available

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.

There are women at Fox News who want to speak up. But they’re afraid. They’ve seen other women stand up for themselves — against former Fox News chief Roger Ailes, against host Bill O’Reilly — and lose their jobs as a result. Meanwhile, they’ve seen those men defended and handsomely compensated by the company.

Continue Reading On rss.cnn.com »

The White House gave a cold shoulder Monday to concerns about the future of Internet privacy.

Continue Reading On rss.cnn.com »

The Federal Reserve’s regulatory czar departs Wednesday, potentially clearing a path for President Trump to loosen the rules governing Wall Street.

Continue Reading On rss.cnn.com »

Happy Equal Pay Day!

Continue Reading On rss.cnn.com »

Fox News host Bill O’Reilly opened his top-rated program Monday night by teasing an “explosive new report.” But not the one about him.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Medical Practice Building Financing

Medical Office Building Financing News + More: Trump's old Ferrari sells at auction for record $270,000 + MORE 04/03/2017

brtozone123

Health-Care Office Building Financing – More Info Here!

Stated Income Options Available

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.

1. Jobs report: On Friday, the U.S. Labor Department will release its March jobs report. It’s yet another glimpse at President Trump’s key promise: “Jobs! Jobs! Jobs!” as it put it in a tweet last week.

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The White House has made public the financial disclosure forms of about 180 staffers.

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A Ferarri once owned by President Trump was sold at auction this weekend at a record $270,000.

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If Bill O’Reilly weren’t the biggest star at Fox News, would he still have a job at Fox News?

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Read full story for latest details.

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Call BRT Financial @904-551-6090

Medical Practice Building Financing