Commercial Real Estate Financing News + More: Retail bloodbath: Bankruptcy filings pile up + MORE 06/13/2017

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.

The production of “Julius Caesar” now being put on in New York City, which depicts the assassination of a ruler who resembles President Trump, isn’t the first time Shakespeare’s masterpiece has seen a modern politician subbed in for Caesar. It’s not even the first time the director, Oskar Eustis, has done that.

Continue Reading On rss.cnn.com »

Bankruptcies continue to pile up in the retail industry.

Continue Reading On rss.cnn.com »

New teachers and state workers will no longer get a traditional pension in Pennsylvania.

Continue Reading On rss.cnn.com »

CBRE Group, Inc. has entered into a definitive agreement to purchase a majority interest in Toronto-based Caledon Capital Management Inc., an investment management business specializing in private infrastructure and private equity investments.

Caledon and its team of 30 people will be renamed CBRE Caledon Capital Management Inc…

Continue Reading On costar.com/News »

The Public Theater said Monday afternoon that it stands “completely behind” its production of “Julius Caesar” following controversy over its staging of the play in New York City’s Central Park, which includes a bloody assassination of a ruler who resembles President Trump.

Continue Reading On rss.cnn.com »

When Megyn Kelly released the 90-second promo for her interview with controversial media figure Alex Jones, the pushback was immediate.

Continue Reading On rss.cnn.com »

Medical Office Building Financing News + More: Are public pensions a thing of the past for young workers? + MORE 06/13/2017

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.

When Megyn Kelly released the 90-second promo for her interview with controversial media figure Alex Jones, the pushback was immediate.

Continue Reading On rss.cnn.com »

Bankruptcies continue to pile up in the retail industry.

Continue Reading On rss.cnn.com »

The Public Theater said Monday afternoon that it stands “completely behind” its production of “Julius Caesar” following controversy over its staging of the play in New York City’s Central Park, which includes a bloody assassination of a ruler who resembles President Trump.

Continue Reading On rss.cnn.com »

The production of “Julius Caesar” now being put on in New York City, which depicts the assassination of a ruler who resembles President Trump, isn’t the first time Shakespeare’s masterpiece has seen a modern politician subbed in for Caesar. It’s not even the first time the director, Oskar Eustis, has done that.

Continue Reading On rss.cnn.com »

New teachers and state workers will no longer get a traditional pension in Pennsylvania.

Continue Reading On rss.cnn.com »

Medical Office Building Financing News + More: Uber set for changes after board reviews report on workplace culture + MORE 06/12/2017

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.

A New York Times reporter who is well-versed in dealing with anonymous sources and leaking has some advice for journalists: Be more careful.

Continue Reading On rss.cnn.com »

Jackpot! A lucky lotto player in California had all the winning numbers after Saturday’s Powerball drawing, lottery officials said.

Continue Reading On rss.cnn.com »

The government of Qatar has hired one of the War on Terror’s legal heavyweights to advise the country on international counter-terrorism finance laws.

Continue Reading On rss.cnn.com »

“Wonder Woman” is still wonderful at the box office, but Tom Cruise and “The Mummy” are staggering.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: Uber set for changes after board reviews report on workplace culture + MORE 06/12/2017

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 government of Qatar has hired one of the War on Terror’s legal heavyweights to advise the country on international counter-terrorism finance laws.

Continue Reading On rss.cnn.com »

“Wonder Woman” is still wonderful at the box office, but Tom Cruise and “The Mummy” are staggering.

Continue Reading On rss.cnn.com »

A New York Times reporter who is well-versed in dealing with anonymous sources and leaking has some advice for journalists: Be more careful.

Continue Reading On rss.cnn.com »

Jackpot! A lucky lotto player in California had all the winning numbers after Saturday’s Powerball drawing, lottery officials said.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: Toshiba rescues half-built Georgia nuclear plant + MORE 06/11/2017

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.

Jackpot! At least one lucky person in California had all the winning numbers drawn on Saturday’s Powerball drawing, lottery officials said.

Continue Reading On rss.cnn.com »

The going rate for a lunch date with Warren Buffett: $2,679,001.

Continue Reading On rss.cnn.com »

Get ready for more “closing sale” signs in the windows of your local retailers.

Continue Reading On rss.cnn.com »

Toshiba’s bankrupt nuclear unit left an uncertain future for two half-finished nuclear reactors in Georgia — but the company promised Saturday it will pour up to $3.68 billion into the project to finish it.

Continue Reading On rss.cnn.com »

One week after Bill Maher used a racial slur during an on-air interview, the “Real Time” host reflected on his comments on his HBO show Friday night.

Continue Reading On rss.cnn.com »

Medical Office Building Financing News + More: Winning Powerball ticket sold in California + MORE 06/11/2017

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.

One week after Bill Maher used a racial slur during an on-air interview, the “Real Time” host reflected on his comments on his HBO show Friday night.

Continue Reading On rss.cnn.com »

Get ready for more “closing sale” signs in the windows of your local retailers.

Continue Reading On rss.cnn.com »

The going rate for a lunch date with Warren Buffett: $2,679,001.

Continue Reading On rss.cnn.com »

Jackpot! At least one lucky person in California had all the winning numbers drawn on Saturday’s Powerball drawing, lottery officials said.

Continue Reading On rss.cnn.com »

Toshiba’s bankrupt nuclear unit left an uncertain future for two half-finished nuclear reactors in Georgia — but the company promised Saturday it will pour up to $3.68 billion into the project to finish it.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: Digital Realty to Acquire DuPont Fabros in $7.6 Billion Data Center Merger + MORE 06/10/2017

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.

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: Los Angeles, New York City, Chicago, Milwaukee, Seattle / Puget Sound, San Diego, Phoenix / Tucson, Northern New Jersey, Detroit / Grand Rapids, South Florida, San Francisco, Greater Toronto Area, St…

Continue Reading On costar.com/News »

Some of the most hardline fiscal conservatives in the House on Friday made clear that for all their distaste of debt, they could live with tax cuts that add to it.

Continue Reading On rss.cnn.com »

The Trump administration has fired back at an ethics group that sued the president over his business interests.

Continue Reading On rss.cnn.com »

We promise we won’t write about it every time Lloyd Blankfein tweets. But, please, humor us for now.

Continue Reading On rss.cnn.com »

In a blockbuster merger of two top players in the increasingly competitive data center sector, Digital Realty (NYSE: DLR) has agreed to buy DuPont Fabros (NYSE: DFT) in a transaction valued at $7.6 billion including debt.
Shareholders of Washington, DC-based DuPont Fabros will receive just over half a Digital Realty share per DuPont Fabros share in a stock deal totaling $4…

Continue Reading On costar.com/News »

James Comey’s testimony was must-see TV for a wide swath of the country, but the ratings weren’t off the charts.

Continue Reading On rss.cnn.com »

Medical Office Building Financing News + More: 19.5 million people tuned in to watch James Comey's testimony on TV + MORE 06/10/2017

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.

The Trump administration has fired back at an ethics group that sued the president over his business interests.

Continue Reading On rss.cnn.com »

One week after Bill Maher used a racial slur during an on-air interview, the “Real Time” host reflected on his comments on his HBO show Friday night.

Continue Reading On rss.cnn.com »

Some of the most hardline fiscal conservatives in the House on Friday made clear that for all their distaste of debt, they could live with tax cuts that add to it.

Continue Reading On rss.cnn.com »

James Comey’s testimony was must-see TV for a wide swath of the country, but the ratings weren’t off the charts.

Continue Reading On rss.cnn.com »

We promise we won’t write about it every time Lloyd Blankfein tweets. But, please, humor us for now.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: 'Happy St. Comey's Day': Late night jokes about James Comey's testimony + MORE 06/09/2017

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.

Former FBI Director James Comey’s testimony on Thursday backed up some of the anonymous-sourced news reports about the FBI, but Comey took exception to one specific New York Times story from February.

Continue Reading On rss.cnn.com »

An exit poll suggesting that British Prime Minister Theresa May may have lost her parliamentary majority in a general election on Thursday sent the pound falling against the dollar.

Continue Reading On rss.cnn.com »

What’s it like to know a secret of major national importance?

Continue Reading On rss.cnn.com »

Prime Minister Theresa May called a snap U.K. general election in the hope of strengthening her hand in negotiations to take Britain out of the European Union.

Continue Reading On rss.cnn.com »

The recent performance of loans backing commercial and multifamily properties have again defied expectations and remained on strong footing in the first quarter of 2017, according to the Mortgage Bankers Association, which found that delinquency rates for mortgage loans were flat or decreased in its analysis of the market’s first quarter performance…

Continue Reading On costar.com/News »

Medical Office Building Financing News + More: New York Times stands by story James Comey called into question + MORE 06/09/2017

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.

Former FBI Director James Comey’s testimony on Thursday backed up some of the anonymous-sourced news reports about the FBI, but Comey took exception to one specific New York Times story from February.

Continue Reading On rss.cnn.com »

An exit poll suggesting that British Prime Minister Theresa May may have lost her parliamentary majority in a general election on Thursday sent the pound falling against the dollar.

Continue Reading On rss.cnn.com »

Prime Minister Theresa May called a snap U.K. general election in the hope of strengthening her hand in negotiations to take Britain out of the European Union.

Continue Reading On rss.cnn.com »

What’s it like to know a secret of major national importance?

Continue Reading On rss.cnn.com »