Commercial Real Estate Financing News + More: Tomi Lahren sues Glenn Beck and The Blaze for wrongful termination + MORE 04/08/2017

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Stated Income Loan Programs

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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.

Babies love car rides. They’re soothed by the vibration from the road and gentle the hum of the engine. For some tots, it’s the only thing that will make them go to sleep.

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President Trump’s White House isn’t ready to talk on television about its military strike against Syria — unless they’re talking to Fox News.

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Could costumed robots one day roam the streets of Walt Disney World?

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Tomi Lahren, the outspoken conservative commentator, is suing her former boss and workplace, Glenn Beck and The Blaze, alleging wrongful termination.

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Commercial Real Estate Financing News + More: Six Flags Nixes Plans for Theme Park REIT; La Quinta Says Maybe + MORE 04/07/2017

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.

A pair of bills addressing dual agency broker representation have been introduced in the California State Assembly. If taken up and passed, the proposed legislation has the potential to upend and reshape the way commercial real estate brokerages do business in California, and influence real estate practices in other states across the country…

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Once considered a sure-fire strategy for ‘unlocking’ value in corporate-owned real estate paired with tax advantages, the number of non-traditional real estate firms opting to pursue REIT conversions continues to slow.

Late last week, Six Flags Entertainment Corp. (NYSE: SIX), the world’s largest regional theme park company, nixed plans for a REIT conversion of its 18 theme parks in the US, Mexico and Canada…

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In his first public speech since being ousted from his post as U.S. Attorney for the Southern District of New York a month ago, Preet Bharara revealed why he forced President Trump to fire him.

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President Trump likes to remind everyone that American manufacturers are giddy “like never before.” He fully expects that to translate into “jobs, jobs, jobs.”

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Before he cut to his first commercial break of the night on Thursday, Fox News host Bill O’Reilly teased a series of segments that would come, he said, “after these messages.” But after only a one minute-long ad, O’Reilly was back on the screen.

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Commercial Real Estate Financing News + More: Value of Trump's Golf Clubs Lags Behind Investment Surge + MORE 04/06/2017

Medical Building Loans For HealthCare Professionals- Click Here!

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.

It’s official: Your browsing history can be sold to advertisers. President Trump on Monday signed a measure reversing rules that would have required internet providers to get consent before selling your browsing history.

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More than 8,000 current and recent Uber and Lyft drivers in Massachusetts have been banned from driving in the state under new, stricter background check regulations.

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A top House Republican beseeched President Trump to fire Richard Cordray, the head of the Consumer Financial Protection Bureau, pronto.

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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.

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Zapped by Zappos and other online shoe outlets, Payless ShoeSource has become the latest casualty from the ongoing shakeout among retailers. The discount footwear company filed for Chapter 11 bankruptcy protection on Tuesday and said it will immediately close 400 stores in the U.S. and Puerto Rico, with additional store closings likely down the road…

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Commercial Real Estate Financing News + More: Square Feet: Downtown Brooklyn’s Dearth of Office Space Beckons Tishman Speyer + MORE 04/05/2017

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.

The developer, which owns Rockefeller Center and the Chrysler Building, is building a 620,000-square foot office tower.

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Recent commercial real estate transactions in New York City.

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Kendall Jenner’s new ad for Pepsi has fallen flat.

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Count KKR & Co. (NYSE: KKR) among the major investors who see an opportunity in offering CRE debt capital to take out a high volume of over-leveraged CRE properties with approaching loan maturity dates.

The private equity giant is planning to enter the public commercial real estate finance arena by launching KKR Real Estate Finance Trust Inc…

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Major League Baseball uniforms will continue to be made in the U.S., and more than 500 factory workers will keep their jobs, even though MLB is switching suppliers for the first time in 30 years.

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The Writers Guild of America will give peace another chance next week as Hollywood waits to find out if an industry-rattling strike is imminent.

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Commercial Real Estate Financing News + More: 5 things to know about the gender pay gap + MORE 04/04/2017

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.

There are women at Fox News who want to speak up. But they’re afraid. They’ve seen other women stand up for themselves — against former Fox News chief Roger Ailes, against host Bill O’Reilly — and lose their jobs as a result. Meanwhile, they’ve seen those men defended and handsomely compensated by the company.

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Fox News host Bill O’Reilly opened his top-rated program Monday night by teasing an “explosive new report.” But not the one about him.

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In Apalachicola, Fla., residents are divided over how to solve a lack of affordable housing. Some advocate converting early examples of African-American architecture.

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The Federal Reserve’s regulatory czar departs Wednesday, potentially clearing a path for President Trump to loosen the rules governing Wall Street.

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Colliers International Group Inc. (Nasdaq:CIGI) has acquired its affiliate WelshCo LLC in the latest in a series of acquisitions in the Midwest and other U.S. regions.

Founded in 1977, Welsh has grown into a market leader in the greater Minneapolis-St. Paul area and became a Colliers International affiliate in 2010…

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