Join us Wednesday, November 21 for the 2012 REBGV Commercial Building Awards. Register online at http://www.rebgvcba.ca From ‘mixed use …
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Commercial Real Estate News
Commercial Real Estate Financing News + More: Deep-red Kansas lawmakers agree to expand Medicaid + MORE 03/29/2017
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.
The federal investigation stemming from sexual harassment allegations made against former Fox News chief Roger Ailes took a dramatic turn on Tuesday with a report that prosecutors have offered a former network executive immunity.
Recent Commercial Real Estate Transactions
– nytimes.com/services
Recent commercial real estate transactions in New York City.
Donald Trump took aim Tuesday at one of President Obama’s signature efforts on climate change: rules designed to make power plants cleaner.
The leader of a group that represents the world’s major airlines just blasted the new laptop restrictions put in place by the United States and the United Kingdom.
Deep-red Kansas lawmakers agree to expand Medicaid
– rss.cnn.com
Republicans in Congress may be trying to kill Obamacare, but that hasn’t deterred Republicans in Kansas from pursuing one of the health reform law’s chief provisions: expanding Medicaid.
Square Feet: To Address Affordable Housing Shortage, Restoring 19th-Century Homes
– nytimes.com/services
In Apalachicola, Fla., residents are divided over how to solve a lack of affordable housing. Some advocate converting early examples of African-American architecture.
DFI Commercial Building Promotional Video – Diamon-Fusion International
Diamon-Fusion International (DFI) surface protective coatings can protect the glass and other surfaces of your commercial buildings, improve the appearance …
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Commercial Real Estate Financing News + More: Conservative media at a crossroads early in Trump era + MORE 03/28/2017
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.
Durst Organization Acquires Delaware River Waterfront Properties from Brandywine Realty Trust
– costar.com/News
The Durst Organization today announced its first acquisition outside of New York state, purchasing properties spanning several piers along the Philadelphia waterfront from Brandywine Realty Trust (NYSE: BDN).
Durst purchased the Delaware River waterfront properties spanning Piers 12, 13-15, 19 and 24 north of Benjamin Franklin Bridge known as the Philadelphia Piers at Penn’s Landing for a reported $21…
Why tax reform and tax cuts are not the same thing
– rss.cnn.com
In hopes of moving quickly past their failed attempt at repealing Obamacare last week, Republicans and the White House have been talking about the next big thing they’ll address: tax reform.
S’well Bottle, a maker of reusable beverage bottles, has quadrupled its office space, landing a two-year sublet in the Flatiron District of Manhattan, the company announced.
A house where Donald Trump once lived in as a child has been generating quite a bit of interest — and value — lately.
Graebel Van Lines Ceasing Operations
– costar.com/News
Graebel Van Lines LLC, which bills itself as the nation’s largest privately owned residential moving company, notified customers and creditors that it is ceasing operations effective immediately and will begin a wind down of its business.
The assets of Dallas-based Graebel Van Lines and its operating affiliates remain subject to the liens of a secured creditor, the company said without identifying the firm…
Conservative media at a crossroads early in Trump era
– rss.cnn.com
Read full story for latest details.
Commercial Building For Sale In Salinas
http://www.zillow.com/homedetails/801-E-Alisal-St-Salinas-CA-93905/2111551419_zpid/ DeLuca Real Estate 831-214-1934 Fantastic investment opportunity in …
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Commercial Real Estate Financing News + More: United Airlines in Twitter trouble over dress code rules + MORE 03/27/2017
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.
United Airlines in Twitter trouble over dress code rules
– rss.cnn.com
An obscure dress code requirement that is part of a United Airlines employee perk caused a stir on Twitter on Sunday.
Lyft says round up your fare and donate to charity
– rss.cnn.com
Lyft thinks it has found another way to differentiate itself from its rival Uber.
Brexit gloom appears to be spreading.
1. Brexit begins: The United Kingdom’s government is officially kickstarting negotiations to leave the European Union nine months after the Brexit vote. Prime Minister Theresa May said that she will trigger Article 50 on Wednesday, which is a two-year legislative plan for the U.K. to leave the bloc of countries.
New improvements to the commercial building permit process
In challenging economic times, Clark County is continually looking for ways to be more efficient. One recent example is cutting the time it takes to obtain a …
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Commercial Real Estate Financing News + More: GameStop to shutter 100+ stores + MORE 03/26/2017
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 U.S. and U.K. governments stunned the world this week by declaring passengers would be forbidden from carrying many electronic devices aboard flights from airports across the Middle East and North Africa.
Obamacare survived: What all this means for you
– rss.cnn.com
Republicans have shelved their plans to repeal Obamacare, so the sweeping health reform act remains the law of the land.
GameStop to shutter 100+ stores
– rss.cnn.com
It’s game over for more than 100 GameStop retail locations.
Saving Obamacare is now up to Trump
– rss.cnn.com
Next move on Obamacare? It’s up to President Trump.
Commercial Real Estate Financing News + More: Who were Fox analyst's sources on Obama claim? Consultant explains his side + MORE 03/19/2017
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.
Is Trump keeping his three big health care promises?
– rss.cnn.com
President Trump has made some pretty big league promises when it comes to improving Americans’ health care.
Jimmy Breslin, the prolific Pulitzer Prize winning columnist and champion of New York City’s working class, died Sunday morning at age 88.
Read full story for latest details.
A blogger and former CIA analyst says he was a source for an uncorroborated claim made on Fox News about supposed spying at Trump Tower — but he says he didn’t mean to be.
Donald Trump: A Fox News president
– rss.cnn.com
Read full story for latest details.
Commercial Real Estate Financing News + More: Trump's budget would hit tens of thousands of federal workers, experts say + MORE 03/16/2017
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.
Exclusive: NGKF Ramping Up National Valuation/Appraisal Practice With Key Hires, Expansion Plans
– costar.com/News
Newmark Grubb Knight Frank (NGKF) is rolling out a national valuation and appraisal service to support ambitious plans for its investment-sales platform. After recruiting Cushman & Wakefield’s former global appraisal and valuation chief, John D. Busi, last summer to lead the effort, NGKF has hired four other senior valuation execs to round out a leadership team tasked with growing NGKF’s North American valuation and advisory business line…
President Donald Trump is taking aim well-paying jobs with attractive benefits at the nation’s largest employer — the federal government.
USA Hockey will field a women’s team in the upcoming world championship games — with or without the current members of the women’s national team.
What America would look like under the Trump budget
– rss.cnn.com
More agents along the border, but a hobbled PBS. A bigger military, but less chance of getting a decent lawyer if you’re poor.
Sources: Sean Hannity once pulled a gun on Juan Williams
– rss.cnn.com
Sean Hannity is surrounded by jackasses.
A joint venture of Chicago-based student housing developer The Scion Group, Canada Pension Plan Investment Board (CPPIB) and Singapore wealth fund GIC have purchased three U.S. student housing portfolios for about $1.6 billion.
Scion Student Communities LP’s acquisitions include a total of 29 properties in three portfolios, including the closing this week of the $640 million purchase of 11 properties in university markets across the U…