Commercial Real Estate Financing News + More: Fox braces for fallout from Bill O'Reilly scandal + MORE 04/03/2017

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.

If Bill O’Reilly weren’t the biggest star at Fox News, would he still have a job at Fox News?

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1. Jobs report: On Friday, the U.S. Labor Department will release its March jobs report. It’s yet another glimpse at President Trump’s key promise: “Jobs! Jobs! Jobs!” as it put it in a tweet last week.

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A Ferarri once owned by President Trump was sold at auction this weekend at a record $270,000.

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The White House has made public the financial disclosure forms of about 180 staffers.

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Commercial Real Estate Financing News + More: Stores are scooping up this nut-free ice cream + MORE 04/02/2017

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.

General Electric CEO Jeff Immelt says he tries to stay out of politics — but he’s found it necessary to speak out against some of President Trump’s policies.

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Two years ago, restauranteur Marc Roth didn’t know anything about making ice cream.

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The fear surrounding Congress’s decision to roll-back some Obama-era internet privacy rules is just “hyper-partisan hyperbole,” says former Federal Trade Commission chair Jon Leibowitz.

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Commercial Real Estate Financing News + More: Here's what else Oakland is losing, along with the Raiders + MORE 04/01/2017

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.

Gonzaga’s most surprising achievement isn’t getting to the Final Four. It’s the sizable profit its men’s basketball team scored while playing in a small conference.

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Treasury Secretary Steven Mnuchin says he didn’t mean to promote the Lego Batman movie.

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SpaceX just made history by launching the same rocket into orbital space for a second time. And the jaw-dropping news did not stop there.

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BBG, one of the largest independent valuation, assessment and advisory firms in the U.S., has acquired Integra Realty Resources (IRR) affiliate offices in San Francisco and Sacramento, bolstering the Dallas-based firm’s presence in the West with its second California acquisition within a week.

The acquisition, which follows BBG’s March 24 acquisition of Los Angeles-based appraisal firm Abergel & Associates, includes a combined 32 employees in…

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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: New York City, Los Angeles, Washington DC, Philadelphia, East Bay, Phoenix / Tucson, Toronto, Atlanta, Denver, Jacksonville, South Florida, Boston, Baltimore and Dallas / Ft…

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Commercial Real Estate Financing News + More: U.S. debt to double over the next 30 years + MORE 03/31/2017

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.

How Russia hacks you

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Read full story for latest details.

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Once an overlooked niche, the student housing sector is attracting increased attention from major investors, who see the sector as offering less rental growth volatility and a recession-resistant hedge to conventional apartments.

Meanwhile, strong levels of US college enrollment and the diminished capacity for cash-strapped public universities to fund new dormitory development due to state budget cuts are creating more opportunities in the student…

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High-profile politics in South Africa has slammed the country’s currency.

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U.S. debt is likely to double as a share of the economy over the next 30 years, according to the Congressional Budget Office.

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Commercial Real Estate Financing News + More: Democrats seek probe over weakening SEC's subpoena powers + MORE 03/30/2017

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.

There’s seemingly more opportunities than ever for writers in Hollywood, between movies, TV and new digital services. But if the Writers Guild of America is not able to agree to a new contract before May, it all could come to a screeching halt, nearly a decade since the union’s last strike that lasted 100 days and carried a billion-dollar price tag.

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Things have looked brighter for Lululemon and its brand of luxury athletic wear.

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While owners of shopping malls have been grappling with department store closings for several years, the pace of closings has recently accelerated, marking a turning point in the speed of the fundamental changes reshaping the traditional mall sector.

Chains such as Sears, Macy’s and JCPenney are no longer closing a handful of underperforming stores at a time…

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It’s busy season for immigration lawyers. On April 3, people can start submitting H-1B visa petitions for the new fiscal year.

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Buffalo Wild Wings Inc. (NASDAQ: BWLD) has retained restaurant and franchise investment banking firm The Cypress Group to manage the restaurant chain’s portfolio optimization initiative.

Cypress will be marketing roughly 10% of the 620 Buffalo Wild Wings company-owned restaurants as the first phase of what the Minneapolis-based company called an ongoing portfolio optimization process…

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President Trump’s temporary SEC chief has already taken steps to curb the agency’s ability to go after financial crime.

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