Medical Office Building Financing News + More: Gonzaga's surprising profit + MORE 04/01/2017

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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.

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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When the women on the national hockey team started a protest for fair pay, they had no idea it would become a historic moment in women’s sports.

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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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Medical Office Building Financing News + More: SpaceX makes history: It launched a used rocket and then landed it in the ocean + MORE 03/31/2017

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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.

How Russia hacks you

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Read full story for latest details.

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

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Medical Office Building Financing News + More: Why Hollywood's writers might be headed for a strike + MORE 03/30/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

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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.

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

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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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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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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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Move over Warren Buffett! Amazon CEO Jeff Bezos is now the second richest person on Earth.

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Medical Office Building Financing News + More: Deep-red Kansas lawmakers agree to expand Medicaid + MORE 03/29/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

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.

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.

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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.

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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.

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Members of the U.S. Women’s National Hockey Team have agreed to a 4-year labor deal with USA Hockey.

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Donald Trump took aim Tuesday at one of President Obama’s signature efforts on climate change: rules designed to make power plants cleaner.

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Medical Office Building Financing News + More: Democrat cries foul over Mnuchin's 'Lego Batman' plug + MORE 03/28/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

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.

Uber’s self-driving cars are back on the road, following a weekend crash in Tempe, Ariz. that grounded test cars in Pittsburgh and Arizona.

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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.

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A cheeky plug for “The Lego Batman Movie” could land Treasury Secretary Steven Mnuchin in hot water.

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A house where Donald Trump once lived in as a child has been generating quite a bit of interest — and value — lately.

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Medical Office Building Financing News + More: Lyft says round up your fare and donate to charity + MORE 03/27/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

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.

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.

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Lyft thinks it has found another way to differentiate itself from its rival Uber.

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An obscure dress code requirement that is part of a United Airlines employee perk caused a stir on Twitter on Sunday.

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Medical Office Building Financing News + More: GameStop to shutter 100+ stores + MORE 03/26/2017

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Options Available

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.

It’s game over for more than 100 GameStop retail locations.

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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.

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Republicans have shelved their plans to repeal Obamacare, so the sweeping health reform act remains the law of the land.

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Next move on Obamacare? It’s up to President Trump.

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Medical Office Building Financing News + More: Newly confident Janet Yellen is a believer in the U.S. economy + MORE 03/15/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

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.

Janet Yellen has a message for Americans: It’s finally safe to “feel good” about the U.S. economy.

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Despite promises from people in high places, tax reform will not happen by August. In fact, it very well may not happen this year.

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For Tesla, going mainstream doesn’t come cheap.

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Medical Office Building Financing News + More: Neiman Marcus is up for sale + MORE 03/14/2017

Medical Office Building Financing – Click Here!

Stated Income Options Available

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.

Bankers who want to run for office are in luck. A powerful lobbying group has launched a training camp designed to help bankers become politicians.

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Luxury retailer Neiman Marcus may sell itself, in another blow to traditional brick-and-mortar retailers.

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President Trump is expected to announce a new review of federal auto fuel economy and emissions rules Wednesday at an event in Michigan, according to a source close to the administration.

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An ethics watchdog group says a White House official appears to have attended meetings with corporate executives earlier this year while he personally held stock in the companies.

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Medical Office Building Financing News + More: Hispanic builder on the Mexico wall: 'Work is work' + MORE 03/13/2017

Medical Office Building Financing – Click Here!

Stated Income Options Available

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.

Mario Burgos certainly isn’t anti-immigrant. His father was born in Ecuador. His maternal grandparents immigrated from Europe.

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The White House press briefing is usually a forum for reporters and the public to learn new information about the president and his administration.

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The U.S. election may have awakened “animal spirits” on Wall Street, but the bears definitely didn’t get the wake-up call. They’ve been hibernating for an unusually-long period.

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Facebook now explicitly prohibits companies and organizations from using its services for surveillance.

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