Medical Office Building Financing News + More: Neiman Marcus is up for sale + MORE 03/14/2017

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.

Bankers who want to run for office are in luck. A powerful lobbying group has launched a training camp designed to help bankers become politicians.

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Luxury retailer Neiman Marcus may sell itself, in another blow to traditional brick-and-mortar retailers.

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President Trump is expected to announce a new review of federal auto fuel economy and emissions rules Wednesday at an event in Michigan, according to a source close to the administration.

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An ethics watchdog group says a White House official appears to have attended meetings with corporate executives earlier this year while he personally held stock in the companies.

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Commercial Real Estate Financing News + More: Goodbye Ruby Tuesday? Chain Opts to Explore Strategic Alternatives + MORE 03/14/2017

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.

The revitalized mill district in Manchester is becoming known as fertile ground for technology firms, and is now home to at least 30 tech company offices.

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Bearish bets on retail-focused real estate investment trusts have risen, reflecting short sellers’ belief that mall landlords will struggle.

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Restaurant chain Ruby Tuesday (NYSE:RT), which has been in the process of selling off its corporate-owned real estate, is now considering selling the company.

The Maryville, TN-based casual dining chain announced it will entertain merger or purchase options and has retained UBS as its financial advisor to assist in looking at its strategic alternatives…

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Mall landlords are now eagerly courting a type of retailer they once ignored: grocery stores, such as 365 by Whole Foods Market, Wegmans and Kroger.

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Recent commercial real estate transactions in New York City.

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Commercial Real Estate Financing News + More: Office Lease Up (March 13) Blue Shield Signs 200,000-SF Lease in Planned Move from San Francisco to Oakland + MORE 03/13/2017

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.

Mario Burgos certainly isn’t anti-immigrant. His father was born in Ecuador. His maternal grandparents immigrated from Europe.

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In one of the largest office leases in Oakland on record, Blue Shield of California will move its corporate headquarters into 200,000 square feet at 601 City Center, a project finally under development by Shorenstein Properties and MetLife Inc. after being stalled for several years.

The health plan said the move aims to reduce administrative costs and provide upgraded office surrounding for about 1,200 employees…

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The White House press briefing is usually a forum for reporters and the public to learn new information about the president and his administration.

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The U.S. election may have awakened “animal spirits” on Wall Street, but the bears definitely didn’t get the wake-up call. They’ve been hibernating for an unusually-long period.

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Add Gordmans Stores Inc. (NASDAQ: GMAN) to the growing list of department store chains throwing in the towel. The Omaha, NE-based chain filed for bankruptcy and plans to enter into an agreement with Tiger Capital Group and Great American Group to handle the liquidation sales of its store inventory and other assets…

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Facebook now explicitly prohibits companies and organizations from using its services for surveillance.

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Medical Office Building Financing News + More: Hispanic builder on the Mexico wall: 'Work is work' + MORE 03/13/2017

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.

Mario Burgos certainly isn’t anti-immigrant. His father was born in Ecuador. His maternal grandparents immigrated from Europe.

Continue Reading On rss.cnn.com »

The White House press briefing is usually a forum for reporters and the public to learn new information about the president and his administration.

Continue Reading On rss.cnn.com »

The U.S. election may have awakened “animal spirits” on Wall Street, but the bears definitely didn’t get the wake-up call. They’ve been hibernating for an unusually-long period.

Continue Reading On rss.cnn.com »

Facebook now explicitly prohibits companies and organizations from using its services for surveillance.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: Why Facebook tracks internet outages around the world + MORE 03/12/2017

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

President Trump’s budget director claims the Obama administration was “manipulating” jobs data.

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President Trump’s new pick for labor secretary will have to wait a bit longer before he gets a hearing.

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Millionaires would win big under Republicans’ bill to repeal Obamacare.

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There are few people with computer science backgrounds who work in the federal government. Long hours coupled with smaller salaries make it hard to recruit techies to Washington, according to Representative Ruben Gallego.

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The internet doesn’t have an off switch. While it’s interesting to imagine pressing a big red button and — poof! — the internet goes out around the world, it’s actually much more complicated than that.

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Medical Office Building Financing News + More: Here's how much millionaires would save under GOP Obamacare repeal bill + MORE 03/12/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

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 few people with computer science backgrounds who work in the federal government. Long hours coupled with smaller salaries make it hard to recruit techies to Washington, according to Representative Ruben Gallego.

Continue Reading On rss.cnn.com »

President Trump’s new pick for labor secretary will have to wait a bit longer before he gets a hearing.

Continue Reading On rss.cnn.com »

President Trump’s budget director claims the Obama administration was “manipulating” jobs data.

Continue Reading On rss.cnn.com »

Millionaires would win big under Republicans’ bill to repeal Obamacare.

Continue Reading On rss.cnn.com »

The internet doesn’t have an off switch. While it’s interesting to imagine pressing a big red button and — poof! — the internet goes out around the world, it’s actually much more complicated than that.

Continue Reading On rss.cnn.com »