Commercial Real Estate Financing News + More: Starwood Capital to Acquire Landholder Forestar Group for $605 Million + MORE 04/18/2017

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.

It appears Starwood Capital Group may be switching horses in its homebuilding investment business after community and mixed-use developer Forestar Group Inc. agreed to be acquired by affiliates of Starwood Capital in a $605 million deal.

The transaction price of $14.25 for each share of Forestar represents an 8…

Continue Reading On costar.com/News »

When it comes to filing your taxes, today is not the day to dawdle.

Continue Reading On rss.cnn.com »

Anbang, the acquisitive Chinese insurer with big ambitions abroad, isn’t having much luck cracking America.

Continue Reading On rss.cnn.com »

1. Taxes in focus: U.S. Treasury Secretary Steven Mnuchin says the Trump administration’s sweeping tax reforms are likely to be delayed.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: China's economic growth climbs to 6.9% in the first quarter + MORE 04/17/2017

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.

A Chinese financial services giant is back in front in the race to buy U.S. money transfer service MoneyGram.

Continue Reading On rss.cnn.com »

Developers of a mixed-use project at the base of the George Washington Bridge in New Jersey have added two retailers to the roster of tenants, filling more than 80% of its shopping complex

Continue Reading On wsj.com »

1. Tax day is coming: Ready or not, Tuesday is your last chance to file 2016 tax returns with the IRS.

Continue Reading On rss.cnn.com »

The Chinese economy picked up steam in the first quarter.

Continue Reading On rss.cnn.com »

Online home décor and furniture retailer One Kings Lane will open its first brick-and-mortar store in Southampton this Memorial Day weekend, as the company repositions itself from a flash-sale e-commerce site to a home furnishings brand.

Continue Reading On wsj.com »

The addition of glass-walled office spaces atop older buildings is an investment a number of owners are making in hopes of boosting income and competing with newer office buildings in Manhattan.

Continue Reading On wsj.com »

Commercial Real Estate Financing News + More: 'Fate of the Furious' on track for biggest global opening ever + MORE 04/16/2017

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.

What’s the fate of the “Furious”? Possibly the biggest global opening in movie history.

Continue Reading On rss.cnn.com »

United Airlines just made another policy change aimed at preventing a fiasco like the one it endured this week.

Continue Reading On rss.cnn.com »

On Friday, the Shadow Brokers hacking group published a cache of documents revealing Windows hacking tools allegedly belonging to the NSA. But Microsoft said it has already patched the flaws.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: With O'Reilly on vacation, Murdochs debate his future + MORE 04/15/2017

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.

Delta customers can now be offered nearly $10,000 for giving up their seats on overbooked flights.

Continue Reading On rss.cnn.com »

United Airlines may be the most hated company in the world right now.

Continue Reading On rss.cnn.com »

A hacking group has dumped a collection of spy tools allegedly used by the National Security Agency online. Experts say they are damaging.

Continue Reading On rss.cnn.com »

Beekman Investment Partners III LP acquired 16 movie theaters with 184 screens from Chinese-owned AMC Entertainment Holdings Inc. (NYSE: AMC) and Carmike Cinemas. The deal is part of the settlement agreement with the US Justice Dept. to allow AMC to acquire Carmike as part of a planned $1.2 billion merger…

Continue Reading On costar.com/News »

Fox News host Bill O’Reilly is gone on an extended Easter vacation, escaping the firestorm that currently surrounds him. But in his absence, Rupert Murdoch and his sons James and Lachlan continue to debate his future.

Continue Reading On rss.cnn.com »

The Trump administration stopped short of branding China and Germany currency manipulators, despite having accused both countries of keeping their currencies artificially low to gain unfair advantage in trade with the U.S.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: Yext: The newest $1 billion tech company + MORE 04/14/2017

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.

JCPenney tried to close the doors, but shoppers came pouring in.

Continue Reading On rss.cnn.com »

United Airlines fell face first into a public relations hole last Sunday after a passenger was forcibly dragged off a flight — and the entire incident was videotaped.

Continue Reading On rss.cnn.com »

Was United Airlines Flight 3411 overbooked or oversold? The airline now says it was neither.

Continue Reading On rss.cnn.com »

Toshiba: Too big to fail?

– rss.cnn.com

Toshiba’s future is hanging in the balance.

Continue Reading On rss.cnn.com »

While the recent rash of store closings has cast a pall over the retail landscape, the ongoing shakeout has been a boon to the handful of restructuring specialists that cater to retailers.

Part real estate brokers, part legal advisors and part wholesale marketers, these hybrid firms seem to get all the big store disposition assignments when retailers go belly up…

Continue Reading On costar.com/News »

Read full story for latest details.

Continue Reading On rss.cnn.com »