Nation-Wide Commercial Real Estate Financing News – 904-551-6090 + More: How Jack Ma went from English teacher to tech billionaire + MORE 09/09/2018

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.

From left, Stephen Johnson, moderator Pat Koval and Ed Sonshine discuss the Canadian real estate market during a panel discussion Thursday at the RealREIT conference in Toronto.

Can’t imagine real estate going down in value? The chief executives of Canada’s two largest real estate investment trusts can tell you they’ve lived through it…

Continue Reading On costar.com/News »

Jack Ma, the rags-to-riches entrepreneur behind Chinese e-commerce giant, Alibaba, plans to hand over the reins at the company he co-founded nearly two-decades ago.

Continue Reading On rss.cnn.com »

Shared work spaces, a rezoning of the eastern part of midtown Manhattan that may add 6.8 million square feet of commercial space, and development of the Hudson Yards district are shaping a surging office market this year in New York City.

According to CoStar data, no fewer than 26 office leases have been signed in excess of 100,000 square feet each…

Continue Reading On costar.com/News »

Daniel Drimmer, left, CEO of Starlight Investments, and Olivia John, managing director at Blackstone Group, at the Canadian Apartment Investment Conference.

Blackstone Group’s $3.8 billion deal for Canada’s largest industrial real estate investment trust was probably enough to shake the Canadian property market on its own…

Continue Reading On costar.com/News »

President Donald Trump offered some business advice to Ford Motor on Sunday: because of the administration’s high tariffs on car imports from China, Ford can start making its Focus Active in the United States.

Continue Reading On rss.cnn.com »

Longtime CBS chief executive Les Moonves, facing new claims of sexual misconduct, is about to step down as part of a wide-ranging corporate settlement of a separate fight for control of CBS.

Continue Reading On rss.cnn.com »

Commercial Office Building Nation-Wide Financing News – 904-551-6090 + More: Not even New York Times' top news editor knows who wrote anonymous op-ed + MORE 09/09/2018

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.

From Argentina to Italy to Turkey to the United States, there’s plenty of global markets news to report.

Continue Reading On rss.cnn.com »

Jack Ma, the rags-to-riches entrepreneur behind Chinese e-commerce giant, Alibaba, plans to hand over the reins at the company he co-founded nearly two-decades ago.

Continue Reading On rss.cnn.com »

Longtime CBS chief executive Les Moonves, facing new claims of sexual misconduct, is about to step down as part of a wide-ranging corporate settlement of a separate fight for control of CBS.

Continue Reading On rss.cnn.com »

President Donald Trump offered some business advice to Ford Motor on Sunday: because of the administration’s high tariffs on car imports from China, Ford can start making its Focus Active in the United States.

Continue Reading On rss.cnn.com »

Nation-Wide Commercial Real Estate Financing News – 904-551-6090 + More: Value of Trump's Golf Clubs Lags Behind Investment Surge + MORE 08/17/2018

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.

Target Corp. has signed a lease to open a 22,500 square-foot store at the 1.9 million-square-foot development stretching across several Manhattan blocks called Essex Crossing.

Continue Reading On wsj.com »

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.

Continue Reading On wsj.com »

S’well Bottle, a maker of reusable beverage bottles, has quadrupled its office space, landing a two-year sublet in the Flatiron District of Manhattan, the company announced.

Continue Reading On wsj.com »

Tesla’s stock tumbled after CEO Elon Musk said he’s working himself to the bone and relies on Ambien to sleep.

Continue Reading On rss.cnn.com »

Amazon has already tried to reinvent brick-and-mortar grocery stores and book sellers. Is the movie theater next?

Continue Reading On rss.cnn.com »

Apple Inc.’s new headquarters in Silicon Valley is the most lavish in a spate of glitzy new architectural projects by tech titans at a time when their businesses are booming and market valuations are soaring.

Continue Reading On wsj.com »

Commercial Office Building Nation-Wide Financing News – 904-551-6090 + More: Made in America: The German cars Trump doesn't want + MORE 06/11/2018

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.

The net neutrality rules are no longer the law of the land.

Continue Reading On rss.cnn.com »

Read full story for latest details.

Continue Reading On rss.cnn.com »

President Donald Trump followed up a fractious weekend summit with major US allies by repeatedly accusing them of unfair treatment over trade.

Continue Reading On rss.cnn.com »

Read full story for latest details.

Continue Reading On rss.cnn.com »

Nation-Wide Commercial Real Estate Financing News – 904-551-6090 + More: Nearly Out of Vacant Land, Broward County Embraces Redevelopment + MORE 06/11/2018

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.

Read full story for latest details.

Continue Reading On rss.cnn.com »

The net neutrality rules are no longer the law of the land.

Continue Reading On rss.cnn.com »

Read full story for latest details.

Continue Reading On rss.cnn.com »

An aerial shot of the 140-acre site around the BB&T Center in Sunrise, FL. Broward County is looking for a designer and developer for the land. Credit: Broward County.
Wedged between the Florida Everglades and the Atlantic Ocean, Broward County is one of the most land-constrained areas in the Sunshine S

Continue Reading On costar.com/News »

Pictured: Caydon’s 27-story The Midtown project slated to deliver in Houston next year.Australian commercial real estate developer Caydon Property Group has signed a deal with Amazon to include the e-commerce giant’s Alexa virtual assistant in all of its multifamily units.

Caydon will provide the top-of-the-range Amazon Echo Plus in each of the 1,205 apartments in the Hall St and Margaret St buildings in the Mason Sq…

Continue Reading On costar.com/News »

President Donald Trump followed up a fractious weekend summit with major US allies by repeatedly accusing them of unfair treatment over trade.

Continue Reading On rss.cnn.com »

Commercial Office Building Nation-Wide Financing News – 904-551-6090 + More: Inside Anthony Bourdain's globe-trotting career + MORE 06/08/2018

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.

Read full story for latest details.

Continue Reading On rss.cnn.com »

As global tensions over trade continue to grow, here’s some important context on tariffs.

Continue Reading On rss.cnn.com »

“This is the final verdict. My fight is over.”

Continue Reading On rss.cnn.com »

Nation-Wide Commercial Real Estate Financing News – 904-551-6090 + More: Sportswear-Maker Puma to Open New York Flagship + MORE 06/08/2018

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.

Germany’s Puma has signed a lease deal to creating a marquee location on Fifth Avenue that will be the first of its kind for the company in North America.

Continue Reading On wsj.com »

Bechtel’s primary office in Reston, VA.

Global engineering and construction firm Bechtel announced plans to relocate its global headquarters from San Francisco to an expanded presence in Reston, Virginia, where the operational headquarters for its nuclear, security and environmental division is based…

Continue Reading On costar.com/News »

It’s been about a week since Texas icon and entertainer Billy Bob Barnett closed Big Beat Dallas, a handful of bars and restaurants located within the brand new Toyota Music Factory entertainment district in Irving, TX, but the allegations behind the closure have just begun.

In a lawsuit filed Wednesday, a newly formed group of taxpaying residents in Irving, named Irving Taxpayers Matter, has filed a petition to a Dallas County court in hopes of…

Continue Reading On costar.com/News »

When Chinese regulators seized control of Anbang Insurance, they took ownership of more than a dozen luxury U.S. hotels. Now, as the government looks to sell, it faces a problem: The buildings likely are worth less than what Anbang paid only a couple of years ago.

Continue Reading On wsj.com »

Long known as a dormant corner in downtown Los Angeles, Sunset Boulevard may soon transform with a large mixed-use development by Palisades Capital Partners LLC at 1111 Sunset Blvd.

The 1111 Sunset Boulevard development has been in the planning stages for two years. When completed, it would offer 778 apartments and condominiums in two residential towers, a 98-room hotel and street-level retail, including 75,000 square feet of grocery-anchored…

Continue Reading On costar.com/News »

Commercial Office Building Nation-Wide Financing News – 904-551-6090 + More: Mnuchin to Congress: Cut taxes or market will dive + MORE 10/18/2017

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.

Treasury Secretary Steven Munchin, speaking on the eve of the 30th anniversary of the 1987 market crash, predicted stocks will plunge if Congress fails to overhaul taxes.

Continue Reading On rss.cnn.com »

It looks like the NFL won’t require players to stand for the National Anthem, and President Trump isn’t happy about it.

Continue Reading On rss.cnn.com »

Inequality and economic insecurity have been rising for American workers ? and the situation is only getting worse as they age into retirement, a new report finds.

Continue Reading On rss.cnn.com »

Nation-Wide Commercial Real Estate Financing News – 904-551-6090 + More: NFL didn't ask players to commit to standing for Anthem, commissioner says + MORE 10/18/2017

Health-Care Office Building Financing – More Info Here!

Stated Income Loan Programs

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.

Dropbox has signed a lease for 100% of the office space in Kilroy Realty Corp.’s The Exchange on 16th project in a deal that represents the largest single office lease ever signed in San Francisco.

The file hosting service and leading global collaboration platform agreed to a 15-year lease for 736,000 square feet within the 751,242-square-foot, four-building project currently under development along the 16th St…

Continue Reading On costar.com/News »

It looks like the NFL won’t require players to stand for the National Anthem, and President Trump isn’t happy about it.

Continue Reading On rss.cnn.com »

Bank branch consolidations have quickened over the last two years as customers continue to embrace digital banking. Simultaneously, the number of new branch openings continues to fall. But analysts view this as part of a larger shift in how retail branches are being utilized by customers and where those brick-and-mortar institutions need to be located…

Continue Reading On costar.com/News »

A year after acquiring a nearly $1 billion portfolio of suburban office properties, Horsham, PA-based Workspace Property Trust on Monday filed to raise up to $100 million through an initial public offering.

Workspace Property, which first filed a confidential S-11 registration statement on June 30, plans to list on the New York Stock Exchange under the symbol WSPT, selling an undisclosed number of common shares in the IPO at a to-be-determined…

Continue Reading On costar.com/News »

Treasury Secretary Steven Munchin, speaking on the eve of the 30th anniversary of the 1987 market crash, predicted stocks will plunge if Congress fails to overhaul taxes.

Continue Reading On rss.cnn.com »

Commercial Office Building Nation-Wide Financing News – 904-551-6090 + More: Jonathan Adler's social picture frame is a modern piece of art + MORE 10/16/2017

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.

The Wi-Fi network you’re using may be susceptible to hacking.

Continue Reading On rss.cnn.com »

Treasury Secretary Steven Mnuchin did not use a government plane to fly to a meeting with President Donald Trump in New York in August, the agency’s inspector general confirmed Monday.

Continue Reading On rss.cnn.com »

A lot has happened since Jimmy Kimmel was last in Brooklyn, New York. Donald Trump was elected president, late night TV has become a regular forum for politics as well as comedy, and Kimmel has evolved from comedic host to the conscience of America.

Continue Reading On rss.cnn.com »

Jonathan Adler is known for bright and bold statement pieces, patterned prints and modern decor.

Continue Reading On rss.cnn.com »