Nation-Wide Commercial Real Estate Financing News – 904-551-6090 + More: Irma hits markets; Orange juice prices; NAFTA talks + MORE 09/06/2017

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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.

One of China’s richest men is taking legal action against “rumormongers,” accusing them of spreading fake news about him and his company.

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Read full story for latest details.

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Aon Group, a London-based professional services firm providing risk, retirement and health solutions, has agreed to buy real estate investment advisor The Townsend Group from its majority owner, Colony NorthStar Inc.

Aon agreed to pay for $475 million for Cleveland-based Townsend subject to certain purchase price adjustments…

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Britain must take radical action to fix “significant and destabilizing” inequality caused by a “broken economic model.”

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Related Companies, Oxford Properties Group and Mitsui Fudosan America, Inc. today announced the closing of a $1.5 billion senior construction loan for 50 Hudson Yards, which represents the final piece in the $3.8 billion financing of the massive development’s flagship tower.

Wells Fargo, Deutsche Bank, HSBC, Bank of China and Sumitomo Mitsui Banking Corp…

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1. Irma spooks markets: Hurricane Irma is moving through the Caribbean, pushing up commodity prices and applying pressure to travel stocks.

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Commercial Real Estate Financing News – 904-551-6090 + More: Newmark Knight Frank Acquiring IRR Affiliate Offices in NYC/NJ, Five Other Eastern US Markets + MORE 09/05/2017

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.

Business leaders are reiterating their support for Deferred Action for Childhood Arrivals and asking Congress to step in after the Trump Administration formally said it is ending the Obama-era program.

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President Trump’s top trade official says the U.S., Canada and Mexico are making progress in NAFTA negotiations.

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President Donald Trump claims to be a business-friendly president. But how can that be true when the five largest tech companies in America all vehemently oppose his stance on immigration?

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Summer is unofficially over now that investors have returned from the long Labor Day weekend. But is the year-long market rally about to end as well?

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Newmark Knight Frank (NKF) is finalizing the acquisition of six Integra Realty Resources (IRR) affiliate offices in New York/New Jersey, Philadelphia, Wilmington, DE; Baltimore, Washington D.C. and Atlanta, a move that’s been in the works for several months as a centerpiece of Newmark’s initiative to build a national valuation and advisory practice…

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Business Office Building Financing News – 904-551-6090 + More: Mystery announcement causing anxiety among 'Bachelor' fans + MORE 09/02/2017

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.

The creator of ABC’s “The Bachelor” is doing what the reality series does best by building suspense among the show’s loyal viewers.

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The U.S. government has several levers it can pull to ease the pain at the pump caused by Hurricane Harvey.

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Gas prices have spiked yet again and are now up about 24 cents a gallon since Hurricane Harvey struck Texas.

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Jack Fisher hovered 200 miles above Earth while his family, friends and coworkers were tormented by a gruesome storm.

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Medical Office Building Financing News + More: Roku is planning to file an IPO + MORE 09/02/2017

Health-Care Office Building Financing – More Info Here!

Stated Income Options Available

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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.

The U.S. government has several levers it can pull to ease the pain at the pump caused by Hurricane Harvey.

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Jack Fisher hovered 200 miles above Earth while his family, friends and coworkers were tormented by a gruesome storm.

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Gas prices have spiked yet again and are now up about 24 cents a gallon since Hurricane Harvey struck Texas.

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The creator of ABC’s “The Bachelor” is doing what the reality series does best by building suspense among the show’s loyal viewers.

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Commercial Real Estate Financing News + More: Raymond, Fant Join SRS Real Estate Partners + MORE 09/02/2017

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.

SRS Real Estate Partners boosted its Net Lease Group with the addition of Britt Raymond and Kyle Fant in the firm’s New York City office.

Raymond was named first vice president for NYC. She has established herself as a leader in the market through her expertise and closing over $230 million in commercial real estate transactions…

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WeWork Cos. has confirmed that Japanese telecommunications conglomerate Softbank Group Corp. will invest $3 billion directly into the office-sharing startup and $1.4 billion into three newly created subsidiaries to expand the company into China, Japan, Korea and Southeast Asia.

The total $4.4 billion investment is nearly one-third larger than last March, when the Wall Street Journal reported that WeWork had $300 million with plans to raise a total…

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An initial assessment of the potential impact of the epic storm on the Houston commercial real estate market by CoStar Group reveals that 27% of the market’s gross leasable area, representing $55 billion in property value, is located in flood zones and may have potentially suffered damage.

$16 billion of the $55 billion in property at risk is comprised of apartment buildings within the 100-year flood zone…

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The U.S. government has several levers it can pull to ease the pain at the pump caused by Hurricane Harvey.

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The rising number of people age 65 and over, pressure for health-care providers to cut costs and the rise of new technology will continue to drive demand and opportunities for medical office developers and investors, according to a new report by CBRE Group, Inc.

According to “U.S. Medical Office Buildings: A Cure for Market Volatility,” CBRE’s first report outlining the U…

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Medical Office Building Financing News + More: Susan Fowler fought harassment at Uber. Now she's fighting arbitration deals + MORE 08/24/2017

Commercial Real Estate Financing – Click Now!

Stated Income Options Available

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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.

President Trump began an investigation earlier this year into whether steel imports were threatening national security. Four months later, the steel industry wants action.

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Gas prices are going to jump in some parts of the country as Hurricane Harvey nears the Texas coast.

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A little known tech company is at the center of a debate over power on the internet.

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Some 4 million households paid the Obamacare penalty for not having health insurance last year, new Internal Revenue Service data shows.

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Commercial Real Estate Financing News + More: After Heathcare Setback, Can Congress, Trump Administration Break Gridlock on Infrastructure, Tax Reform? + MORE 08/24/2017

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.

President Trump began an investigation earlier this year into whether steel imports were threatening national security. Four months later, the steel industry wants action.

Continue Reading On rss.cnn.com »

Gas prices are going to jump in some parts of the country as Hurricane Harvey nears the Texas coast.

Continue Reading On rss.cnn.com »

For the second consecutive quarter, the Real Estate Roundtable’s Economic Sentiment Index reflected waning market optimism, largely due to the political uncertainties and lack of progress on pro-growth initiatives in Washington.

At the same time, however, respondents to the third-quarter survey conducted earlier this month continued to express confidence that property-level metrics and performance are holding steady even as hope dims over prospects…

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The U.S. commercial real estate market could soon find out what happens when the government of the world’s largest country tightens the spigot on overseas investments from its citizens. Last week, the State Council of the People’s Republic of China officially announced measures to curb outbound investment – a move Chinese officials had been hinting at all year…

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The U.S. commercial real estate market could soon find out what happens when the government of the world’s largest country tightens the spigot on overseas investments from its citizens. Last week, the State Council of the People’s Republic of China officially announced measures to curb outbound investment – a move Chinese officials had been hinting at all year…

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Medical Office Building Financing News + More: Amazon-Whole Foods merger gets green light from U.S. government + MORE 08/23/2017

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.

Ferrari has released photos of the new convertible model it will unveil at the Frankfurt Motor Show next month. The V8-powered Ferrari Portofino will replace the California T, Ferrari’s entry-level model.

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Many newspaper front pages on Wednesday featured a photo of President Trump with headlines that mentioned him by name. They touched on themes from his blustery speech at a rally in Phoenix, Arizona.

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The U.S. government won’t try to stop Amazon’s $13.7 billion takeover of Whole Foods, a deal that has massive implications for both e-commerce and how we shop for food.

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James Damore, the Google engineer who was fired after he wrote an explosive memo on diversity, has retained an attorney.

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Commercial Real Estate Financing News + More: The Arizona Republic front page played Trump rally with a different approach + MORE 08/23/2017

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.

James Damore, the Google engineer who was fired after he wrote an explosive memo on diversity, has retained an attorney.

Continue Reading On rss.cnn.com »

Ferrari has released photos of the new convertible model it will unveil at the Frankfurt Motor Show next month. The V8-powered Ferrari Portofino will replace the California T, Ferrari’s entry-level model.

Continue Reading On rss.cnn.com »

The U.S. government won’t try to stop Amazon’s $13.7 billion takeover of Whole Foods, a deal that has massive implications for both e-commerce and how we shop for food.

Continue Reading On rss.cnn.com »

Many newspaper front pages on Wednesday featured a photo of President Trump with headlines that mentioned him by name. They touched on themes from his blustery speech at a rally in Phoenix, Arizona.

Continue Reading On rss.cnn.com »

Medical Office Building Financing News + More: Nonprofit cancels event at Trump golf course in New Jersey + MORE 08/22/2017

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.

Now an upcoming event at one of Trump’s New Jersey golf courses has been canceled.

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Read full story for latest details.

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A former lottery worker was sentenced to 25 years in prison on Tuesday for rigging the system in several states so he could collect the jackpots.

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President Trump’s first prime time address averaged 28 million viewers across the United States, according to the ratings company Nielsen.

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A charity that decided to cancel a fundraiser at President Trump’s Mar-a-Lago club now says it could run into financial trouble.

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