Commercial Real Estate News

Commercial Real Estate Financing News + More: Elon Musk says he's 'doing good' on Trump's advisory council + MORE 02/05/2017

brtozone123

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.

Like any college student, Vanessa Ramirez never expected chemotherapy would be part of her busy school schedule.

Continue Reading On rss.cnn.com »

Footballs won’t be the only thing flying in Houston this Sunday.

Continue Reading On rss.cnn.com »

Elon Musk has gotten flak for his decision to join President Trump’s economic advisory council. But he says it’s better to be on the inside and that he is “doing good” by advising Trump.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Health-Care Office Building Financing

Commercial Real Estate Financing News + More: Obamacare sign ups sag under Trump administration + MORE 02/04/2017

brtozone123

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.

Boeing’s $8 billion deal to sell 80 jets to Iran Air was already in trouble before President Trump took office. Now it’s even more in doubt.

Continue Reading On rss.cnn.com »

Imagine this: It’s fourth and two, the Atlanta Falcons are on their own 45-yard line in this weekend’s Super Bowl. It’s late in the game, and the New England Patriots are up six. Should the Falcons go for it to keep their drive alive or give the ball back to Tom Brady and hope for a stop?

Continue Reading On rss.cnn.com »

Read full story for latest details.

Continue Reading On rss.cnn.com »

Amazon.com’s 3.3-million-square-foot shipping hub at Cincinnati/Northern Kentucky Airport (CVG) in Hebron, KY will serve both the internet commerce giant’s emerging air cargo service and its large and growing global network of distribution and fulfillment centers, an Amazon senior executive tells analysts…

Continue Reading On costar.com/News »

The pace of Obamacare sign-ups slowed in the final days of open enrollment last month, as the Trump administration repeatedly blasted the law and pulled ads reminding procrastinators of the January 31 deadline.

Continue Reading On rss.cnn.com »

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: Orange County, Los Angeles, South Florida, Chicago, New York City, Northern New Jersey, South Carolina, Phoenix / Tucson, and Atlanta…

Continue Reading On costar.com/News »

Call BRT Financial @904-551-6090

Health-Care Office Building Financing

Commercial Real Estate Financing News + More: Elon Musk is taking his travel ban objections directly to Trump + MORE 02/03/2017

brtozone123

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.

The Trump economy is here.

Continue Reading On rss.cnn.com »

Ford is hoping to claw its way into the Chinese truck market with the Raptor, the performance version of the Michigan-built F-series.

Continue Reading On rss.cnn.com »

In a shocking about face, Uber CEO Travis Kalanick has dropped out of President Trump’s business advisory council.

Continue Reading On rss.cnn.com »

Steady growth in office-using employment over the last few years and rising demand from big employers for a diminishing supply of newer high-quality office space have combined to create a fertile environment for new office construction, and developers are ready to deliver.

This year will likely be the peak in the cycle for the delivery of new office projects, according to CoStar Portfolio Strategy forecasts…

Continue Reading On costar.com/News »

Luxury department store Nordstrom won’t be purchasing products from the Ivanka Trump brand this fall.

Continue Reading On rss.cnn.com »

Elon Musk says he will raise objections to President Trump’s controversial immigration order at a meeting at the White House on Friday.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Commercial Building Financing

Commercial Real Estate Financing News + More: Russian spy purge after suspected leaks to U.S. intelligence + MORE 02/02/2017

brtozone123

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.

President Trump’s prime time Supreme Court reveal was Tuesday evening’s highest-rated TV show.

Continue Reading On rss.cnn.com »

Spurred by projections of strong growth in the luxury hotel segment in the next two years, hotel operators have rushed out of the gate with billions of dollars of new development and acquisition initiatives to appeal to affluent travelers.

Hyatt Hotels Corp. (NYSE:H) and Fairmont Hotels & Resorts both announced plans to pour money into their resorts categories and Four Seasons Hotels and Resorts and Ashford Hospitality Prime (NYSE: AHP) each laid…

Continue Reading On costar.com/News »

Read full story for latest details.

Continue Reading On rss.cnn.com »

There’s a purge of spies underway in Moscow, where two high-ranking Russian security service agents, a cybersecurity expert and a fourth man have been charged with treason for passing along secrets to American intelligence, according to a lawyer defending one of the men.

Continue Reading On rss.cnn.com »

More than 1,000 small grocery stores across New York City will go on strike Thursday in the latest protest against President Trump’s immigration order.

Continue Reading On rss.cnn.com »

A pair of new surveys point to continued favorable market conditions for US commercial real estate this year, with a strengthening economy paired with improved property fundamental and ready access to capital shoring up the real estate expansion through 2017.

A survey by KPMG LLP of senior U.S. real estate executives further finds that uncertainties over President Donald Trump’s tax and regulatory policies, rising interest rates and the threat…

Continue Reading On costar.com/News »

Call BRT Financial @904-551-6090

Stated Income Commercial Financing

Commercial Real Estate Financing News + More: Recent Commercial Real Estate Transactions + MORE 02/01/2017

brtozone123

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 Miami-Dade County Commission voted 10-1 for preliminary approval of American Dream Miami, a proposed $3 billion “retail theme park” in northwest Miami to be developed at the Florida Turnpike and Interstate 75.

The proposal by Triple Five Group, a Canadian development firm owned by the Ghermezian family, would create the largest mall and amusement park in North America, with a nearby mixed-use commercial center developed by Graham Cos…

Continue Reading On costar.com/News »

The nation’s airlines scrambled to comply with President Trump’s decree on immigration, but have also struggled with how — or if — to respond publicly.

Continue Reading On rss.cnn.com »

Tourists heading to wine country used to bypass Napa Valley’s largest city. Now a number of multimillion-dollar projects aim to attract them.

Continue Reading On nytimes.com/services »

Recent commercial real estate transactions in New York City.

Continue Reading On nytimes.com/services »

Read full story for latest details.

Continue Reading On rss.cnn.com »

Amid pressure from the Canadian prime minister, Fox News has apologized for a tweet that inaccurately identified the suspect in Sunday night’s Quebec mosque terror attack as a man of Moroccan origin.

Continue Reading On rss.cnn.com »

Call BRT Financial @904-551-6090

Medical Practice Building Financing