Medical Office Building Financing News + More: Bots, tweets and doodles: Tech companies get you ready to vote + MORE 11/07/2016

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.

You know it’s a wild election season when a mere letter from the FBI is enough to spark a global stock market rally.

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Iran is on the brink of clinching billions of dollars of Western investment in its oil and gas industry, the first since sanctions were lifted earlier this year.

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In journalism circles, 2016 is the year of the fact-checker.

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On Tuesday, millions of Americans will cast their votes to elect the 45th president of the United States.

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Commercial Real Estate Financing News + More: Hillary Clinton's secret weapon: Wellesley + MORE 11/06/2016

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.

Nancy Wanderer has proudly worn an “Elect Hillary Clinton” shirt every single day from the Democratic National Convention in July until Election Day. Her car has eight Clinton campaign stickers on it.

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Even “Saturday Night Live” has had enough of this election.

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Win or lose Tuesday, Hillary Clinton has captured a victory from one group of Americans — children.

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1. The U.S. presidential election: The fate of the next four years will be decided on Tuesday. According to a CNN poll, Clinton and Trump are neck to neck in key battleground states, including New Hampshire, Arizona, Florida, Nevada and Pennsylvania.

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Medical Office Building Financing News + More: Alec Baldwin and Kate McKinnon break character to end election vitriol on 'SNL' + MORE 11/06/2016

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.

Win or lose Tuesday, Hillary Clinton has captured a victory from one group of Americans — children.

Continue Reading On rss.cnn.com »

Even “Saturday Night Live” has had enough of this election.

Continue Reading On rss.cnn.com »

1. The U.S. presidential election: The fate of the next four years will be decided on Tuesday. According to a CNN poll, Clinton and Trump are neck to neck in key battleground states, including New Hampshire, Arizona, Florida, Nevada and Pennsylvania.

Continue Reading On rss.cnn.com »

Nancy Wanderer has proudly worn an “Elect Hillary Clinton” shirt every single day from the Democratic National Convention in July until Election Day. Her car has eight Clinton campaign stickers on it.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: These companies will be closed on Election Day + MORE 11/05/2016

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.

Brad Pitt has officially responded to Angelina Jolie’s divorce filing and is seeking joint custody of their children.

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In explaining the reasoning behind his settlement with Hulk Hogan this week, Gawker Media founder Nick Denton expressed relief that his former staffers could now “entertain and inform their readers with fewer distractions.”

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Read full story for latest details.

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Read full story for latest details.

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Medical Office Building Financing News + More: Hulk Hogan settlement leaves some Gawker staff bitter + MORE 11/05/2016

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.

In explaining the reasoning behind his settlement with Hulk Hogan this week, Gawker Media founder Nick Denton expressed relief that his former staffers could now “entertain and inform their readers with fewer distractions.”

Continue Reading On rss.cnn.com »

Read full story for latest details.

Continue Reading On rss.cnn.com »

Read full story for latest details.

Continue Reading On rss.cnn.com »

Brad Pitt has officially responded to Angelina Jolie’s divorce filing and is seeking joint custody of their children.

Continue Reading On rss.cnn.com »

Medical Office Building Financing News + More: Why a lot of people are moving out of California + MORE 11/04/2016

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Options Available

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.

When MK Goh was a child, condoms were a regular topic of discussion at the dinner table.

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A lot of people are moving out of California because they can’t afford to live there anymore.

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Ay caramba! Thirty seasons of “The Simpsons.”

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America has gained 10.9 million new jobs since President Obama took office.

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Cable boxes may not be going away just yet, but there is a consolation prize.

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Commercial Real Estate Financing News + More: 'The Simpsons' renewed for an unprecedented 30th season + MORE 11/04/2016

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.

When MK Goh was a child, condoms were a regular topic of discussion at the dinner table.

Continue Reading On rss.cnn.com »

Ay caramba! Thirty seasons of “The Simpsons.”

Continue Reading On rss.cnn.com »

A lot of people are moving out of California because they can’t afford to live there anymore.

Continue Reading On rss.cnn.com »

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: New York City, Denver, Dallas / Ft. Worth, San Francisco, Philadelphia, Boston, Milwaukee / Madison, San Diego, Columbus, Atlanta, Charlotte, Indianapolis, Toronto, South Carolina, and Baltimore…

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America has gained 10.9 million new jobs since President Obama took office.

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A rent increase has prompted the store to shutter in January, leaving the underserved borough without a general-interest bookstore.

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