Commercial Real Estate Financing News + More: Expedia CEO: Hopefully we'll live to see the end of the year + MORE 02/10/2017

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 series of transactions involving several high-profile properties in Manhattan and Boston over the last few days underscores the enormous and unmistakable role of foreign investors, particularly large government-sponsored funds, in generating a large part of the demand and liquidity that has extended the depth and duration of the unprecedented growth run for US commercial real estate…

Continue Reading On costar.com/News »

Some CEOs live for a better bottom line. Expedia’s CEO just hopes we live, period.

Continue Reading On rss.cnn.com »

Elon Musk and President Donald Trump may not agree on everything. But the willingness of Musk to continue meeting with and advising Trump, even as many other tech leaders face criticism for doing so, might actually be a smart business decision.

Continue Reading On rss.cnn.com »

President Donald Trump is normally quick to complain about what he sees as unfair foreign competition.

Continue Reading On rss.cnn.com »

President Trump sounds like he’s picking a fight with Japan over trade. That could make for tricky talks about a hugely important relationship when he meets Prime Minister Shinzo Abe.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: He said what? A look back at Trump's Japan bashing + MORE 02/09/2017

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.

A federal judge has blocked Anthem’s attempt to acquire Cigna in what would have created the largest health insurer in the nation.

Continue Reading On rss.cnn.com »

Aviation industry executives are heading to the White House Thursday morning for their first meeting with President Trump, carrying a wish list of often conflicting priorities.

Continue Reading On rss.cnn.com »

Former trendy fashion clothing retailer The Wet Seal LLC became the latest mall-based retailer to succumb to changing consumer buying habits. The company this week filed for Chapter 11 bankruptcy and is holding going out of business sales at all of its 171 stores in 42 states. It is the chain’s second trip through bankruptcy court in two years…

Continue Reading On costar.com/News »

Andrew Puzder, President Trump’s nominee to lead the Labor Department, says he will step down as chief executive of CKE Restaurants and might give up his 2016 bonus if the Senate confirms his nomination.

Continue Reading On rss.cnn.com »

President Trump tweeted a jab at Nordstrom department stores from his personal account Wednesday morning, which was then retweeted by the official @POTUS account.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: Tommy Hilfiger Signs 200,000-SF HQ Lease at 285 Madison Ave + MORE 02/08/2017

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.

After decades of decline, the city’s garment industry is getting a new manufacturing hub in Sunset Park, Brooklyn, and other help from city and fashion leaders.

Continue Reading On nytimes.com/services »

PVH Corp. has signed a new 200,000-square-foot office lease to relocate its multinational luxury apparel label Tommy Hilfiger to 285 Madison Ave. in New York City.

Tommy Hilfiger, which designs and manufactures high-end apparel for men, women and children as well as a wide-range of licensed products such as footwear, accessories, fragrances and home furnishings, will occupy nine floors in the building…

Continue Reading On costar.com/News »

Twitter is trying to shake its reputation as a haven for online harassment.

Continue Reading On rss.cnn.com »

The supermarket giant has purchased the famous New York cheese store chain and its Greenwich Village flagship store for an undisclosed amount.

Continue Reading On wsj.com »

A legal-funding company is being accused of targeting 9/11 first responders and allegedly scamming them out of millions of dollars.

Continue Reading On rss.cnn.com »

Disney CEO Bob Iger is “open” to sticking around a bit longer as the leader of the House of Mouse.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: The big tech holdouts in legal battle with Trump + MORE 02/07/2017

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.

Somehow, some way, the New England Patriots won Super Bowl LI on Sunday night, and their big comeback victory may have saved the TV ratings.

Continue Reading On rss.cnn.com »

Update: Tesla, SpaceX and Slack were among 31 companies that signed on to the amicus brief Monday evening.

Continue Reading On rss.cnn.com »

Russian President Vladimir Putin could be waiting a long time for an apology from Bill O’Reilly.

Continue Reading On rss.cnn.com »

Can The Huffington Post, a web site founded as a liberal answer to The Drudge Report, win over millions of Trump voters? New editor-in-chief Lydia Polgreen believes that it can. So it is starting to try.

Continue Reading On rss.cnn.com »

Elon Musk has signed on to fight President Trump’s travel ban.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: A High Line Plan Emerges in Newark, N.J. + MORE 02/06/2017

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 raised pedestrian bridge is one of the signature features of a 22-acre public-private redevelopment project called Mulberry Commons, recently unveiled by the city of Newark and developers.

Continue Reading On wsj.com »

Netflix had a trick and a treat for “Stranger Things” fans during Sunday’s Super Bowl.

Continue Reading On rss.cnn.com »

Read full story for latest details.

Continue Reading On rss.cnn.com »

Top U.S. tech firms are preparing to join the legal fight against President Donald Trump’s travel ban.

Continue Reading On rss.cnn.com »

The first overtime game in Super Bowl history helped partially banish the prism of politics that hung over the day, one in which the high-profile ads were in some cases controversial but for the most part lackluster.

Continue Reading On rss.cnn.com »