Medical Office Building Financing News + More: Alphabet's Jigsaw sets its sights on countering fake news + MORE 06/08/2017

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.

A New Jersey woman is suing Chipotle for allegedly cheating her out of thousands of dollars of overtime pay she says she deserves.

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President Trump has roughly 1,100 top-tier positions to fill across his administration.

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For millions of teenagers, it’s a big source of stress. For many businesses, it’s a great chance to make money.

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Have you bought Honest Company detergent? You may be able to get some cash back.

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Commercial Real Estate Financing News + More: Alphabet's Jigsaw sets its sights on countering fake news + MORE 06/08/2017

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.

New York’s highest court on Tuesday blocked the development of a billion-dollar shopping mall on a Citi Field parking lot in Queens, affirming a ruling that the project needs legislative approval to proceed.

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For millions of teenagers, it’s a big source of stress. For many businesses, it’s a great chance to make money.

Continue Reading On rss.cnn.com »

President Trump has roughly 1,100 top-tier positions to fill across his administration.

Continue Reading On rss.cnn.com »

Have you bought Honest Company detergent? You may be able to get some cash back.

Continue Reading On rss.cnn.com »

A New Jersey woman is suing Chipotle for allegedly cheating her out of thousands of dollars of overtime pay she says she deserves.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: Consolidation Continues in SFR Sector as Colony Starwood Agrees to Buy GI Partners' 3,106 Rental Homes for $815 Million + MORE 06/07/2017

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.

Amazon is now offering a discount on Prime memberships for anyone on government assistance.

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Uber is acting swiftly after an investigation substantiated many reports of sexual harassment at the company.

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If you haven’t already pre-ordered the Tesla Model 3, don’t expect to own the car anytime this year — or next.

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Forestar Group Inc. (NYSE:FOR) confirmed that it had received an unsolicited, nonbinding proposal from D.R. Horton Inc. to acquire 75% of the outstanding shares of Forestar common stock for $16.25 in cash.

The unexpected offer beats the previously announced offer from Starwood Capital Group to buy Forestar for $14…

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Colony Starwood Homes (NYSE:SFR) agreed to acquire a portfolio of 3,106 single-family rental homes from Waypoint/GI Venture LLC for $815 million.

Colony Starwood currently manages the portfolio for the sellers, which is located in southern and northern California, Chicago, Atlanta, Tampa, Phoenix, Miami and Orlando…

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Australia has posted yet another quarter of economic growth, bringing its jaw-dropping run without a recession to nearly 26 years. But is it a new record?

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Medical Office Building Financing News + More: Australia's economic winning streak is epic, but it's not a record + MORE 06/07/2017

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.

Australia has posted yet another quarter of economic growth, bringing its jaw-dropping run without a recession to nearly 26 years. But is it a new record?

Continue Reading On rss.cnn.com »

If you haven’t already pre-ordered the Tesla Model 3, don’t expect to own the car anytime this year — or next.

Continue Reading On rss.cnn.com »

Uber is acting swiftly after an investigation substantiated many reports of sexual harassment at the company.

Continue Reading On rss.cnn.com »

President Donald Trump won’t stop tweeting about his travel ban. That’s bad news for the U.S. tourism industry.

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Amazon is now offering a discount on Prime memberships for anyone on government assistance.

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Commercial Real Estate Financing News + More: Most valuable brands: 9 American and 1 from China + MORE 06/06/2017

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.

Singapore-based Mapletree Investments Pte Ltd. announced the acquisition of a second portfolio of student housing assets from Kayne Anderson Real Estate Advisors.
Mapletree listed the purchase price for the portfolio at about $1.6 billion.

The transaction includes eight student housing assets containing 3,611 beds, including properties located in Fort Collins, CO, near Colorado State University; in Miami near Florida International University…

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Read full story for latest details.

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Ch-ch-ch-ch-changes are sweeping through China’s beloved pastime of karaoke.

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China now has one of the world’s most valuable brands.

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Soon, Apple will introduce a new iPhone feature that will do away with that annoying — and dangerous — urge to look at a text message while you’re driving.

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King of retail Mickey Drexler is stepping down as J.Crew’s CEO.

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Medical Office Building Financing News + More: Most valuable brands: 9 American and 1 from China + MORE 06/06/2017

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.

Soon, Apple will introduce a new iPhone feature that will do away with that annoying — and dangerous — urge to look at a text message while you’re driving.

Continue Reading On rss.cnn.com »

China now has one of the world’s most valuable brands.

Continue Reading On rss.cnn.com »

Read full story for latest details.

Continue Reading On rss.cnn.com »

Ch-ch-ch-ch-changes are sweeping through China’s beloved pastime of karaoke.

Continue Reading On rss.cnn.com »

King of retail Mickey Drexler is stepping down as J.Crew’s CEO.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: McCourt Global Puts Money Into Modular Construction + MORE 06/05/2017

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.

Megyn Kelly was arguably the highest-profile media figure of the 2016 campaign, thanks to her exchanges with Donald Trump. Yet as Trump was sworn in as president, the former Fox News anchor stayed sidelined, waiting to start her new assignment at NBC News.

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A joint venture that revamped a bland New Jersey office campus into a modern complex with an amenity building, a bike-share service and walking trails has sold the property to Barclays PLC.

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A trove of Chinese trademark applications filed by Ivanka Trump’s namesake business is focusing attention once again on the ethical complications presented by the Trump family’s business ties.

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Food trucks and fitness centers are among the amenities that New Jersey office landlords have been using to attract tenants.The latest perk: Subsidies for digital ride-hailing services such as Uber and Lyft.

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One of New York City’s most prominent investors is betting on modular construction. McCourt Global led a group of investors in a $6 million round of funding for Brooklyn company FullStack Modular LLC.

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Medical Office Building Financing News + More: Facebook wants to be 'hostile' to terrorists + MORE 06/05/2017

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.

Megyn Kelly was arguably the highest-profile media figure of the 2016 campaign, thanks to her exchanges with Donald Trump. Yet as Trump was sworn in as president, the former Fox News anchor stayed sidelined, waiting to start her new assignment at NBC News.

Continue Reading On rss.cnn.com »

Facebook says it wants to make its platform “hostile” to terrorists after an attack in London left at least seven people dead this weekend.

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Prime Minister Theresa May has called for closer regulation of the internet following a deadly terror attack in London.

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A trove of Chinese trademark applications filed by Ivanka Trump’s namesake business is focusing attention once again on the ethical complications presented by the Trump family’s business ties.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: What to expect at Apple's big event Monday + MORE 06/04/2017

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.

While the United States is walking away from the historic Paris Climate Agreement, India is making a bold vow to start selling only electric cars by 2030.

Continue Reading On rss.cnn.com »

Up until she was 13, the only place Kai Sin called home was the refugee camp where she was born after her family escaped ethnic violence in Myanmar.

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SpaceX blazed through another milestone for the commercial space industry by reusing a Dragon spacecraft for first time ever.

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Medical Office Building Financing News + More: SpaceX nails another historic launch by sending used spacecraft to orbit + MORE 06/04/2017

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.

While the United States is walking away from the historic Paris Climate Agreement, India is making a bold vow to start selling only electric cars by 2030.

Continue Reading On rss.cnn.com »

Up until she was 13, the only place Kai Sin called home was the refugee camp where she was born after her family escaped ethnic violence in Myanmar.

Continue Reading On rss.cnn.com »

SpaceX blazed through another milestone for the commercial space industry by reusing a Dragon spacecraft for first time ever.

Continue Reading On rss.cnn.com »