Commercial Real Estate News

Commercial Real Estate Financing News + More: Samsung tells users: Turn off your Galaxy Note 7 phone NOW + MORE 10/11/2016

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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.

Samsung issued an alert to customers on Monday, asking users to immediately turn off their Galaxy Note 7 smartphones — which have been spontaneously catching fire.

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The Atlantic has appointed national security reporter and columnist Jeffrey Goldberg to serve as its new editor-in-chief.

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Vice has gotten this far doing things differently than traditional news organizations. But its debut of a daily newscast for HBO, “Vice News Tonight,” bore the same hallmarks, quirks and limitations of its dedicated channel, Viceland.

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Where do students in Asia dream of working after graduation? American tech companies are at the top of their list.

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Samsung’s exploding phone debacle just keeps getting worse.

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Commercial Real Estate Financing News + More: Donald Trump taps right-wing echo chamber before presidential debate + MORE 10/10/2016

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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.

Average asking rents for so-called Class A office buildings in the hip neighborhoods of Midtown South surpassed asking rents for comparable properties in Midtown Manhattan for two consecutive quarters, according to real-estate-services firm JLL.

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When Donald Trump held a press conference with Bill Clinton’s accusers before Sunday night’s debate, he was dredging up decades-old stories that have been sustained by a far-right media echo-chamber that has been at war with the Clintons since the 1990s.

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Samsung is putting the brakes on its beleaguered Galaxy Note 7 smartphone as fears spread that even replacement versions of the device can burst into flames.

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Samsung’s Galaxy Note 7 nightmare keeps getting worse.

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The new outpost of the Brooklyn Children’s Museum is set to open in a roughly 1,850-square foot space on the ground floor of a luxury condominium building in Brooklyn Bridge Park.

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Commercial Real Estate Financing

Commercial Real Estate Financing News + More: 'SNL' and Alec Baldwin take on Trump's hot mic comments + MORE 10/09/2016

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Stated Income Loan Programs

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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.

“Are you not entertained?”

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College football fans are no doubt bummed that so many of this weekend’s games are canceled or postponed because of Hurricane Matthew.

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The NFL is used to crushing the TV ratings game. But this year, it’s in a serious slump. Four weeks into the regular season, the league’s ratings are down 11% across FOX, CBS, NBC and ESPN. And everyone in the industry is starting to take notice.

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“You’re So Vain” singer-songwriter Carly Simon is repurposing her wildly popular song from 1972 as an anti-Donald Trump anthem.

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Commercial Real Estate Financing News + More: The 'p-word' problem: Trump's comments pose issue for news outlets + MORE 10/08/2016

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.

WARNING: This story contains graphic language.

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Miami-based alternative investment and asset management firm Pensam Capital, backed by equity partners BH Equities out of Des Moines, IA and Wafra Capital Partners out of New York City, completed the largest single deal in Colorado history and the second largest single multifamily transaction in the U…

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The Playground at the Future of Storytelling Festival lives up to the expectations that come with its name in one very important way: Once you’re there it’s hard to leave.

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“The Birth of a Nation” is a much talked about film that few people have had a chance to see. That changes Friday when the period drama hits theaters nationwide.

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