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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.
Kevin Hassett, one of President Donald Trump’s top economic advisers, suggested that Goldman Sachs may be slanting its economic research to help Democrats ahead of the midterm elections.
Uber hires Expedia exec to fill HR role
– rss.cnn.com
Uber has a new head of human resources. Her hire comes nearly three months after the controversial exit of the previous HR chief.
Amazon announces $15 minimum wage for all US employees
– rss.cnn.com
Read full story for latest details.
Tesla calms fears with strong sales numbers
– rss.cnn.com
Read full story for latest details.
Volkswagen dumps jailed Audi CEO amid emissions probe
– rss.cnn.com
Volkswagen has severed ties with suspended Audi CEO Rupert Stadler, who has been jailed since June in connection with an emissions investigation.
