Commercial Real Estate Financing News + More: 'Bachelor in Paradise' cast members at center of allegations speak out + MORE 06/15/2017

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Stated Income Loan Programs

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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 Fox News Channel quietly dropped its “Fair and Balanced” slogan last year in an effort to move beyond the era of its former chairman and CEO, Roger Ailes.

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“Bachelor in Paradise” has been ensnared since last weekend in allegations of misconduct, and now the two contestants at the center of the matter have spoken out for the first time.

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Intel CEO Brian Krzanich has a warning for companies and industries that haven’t started to prepare for the next big tech disruptor — don’t wait.

“Companies should start thinking about their autonomous driving strategy now,” said Krzanich, who ranks the fast-developing technology on par with the rise of personal computing, the internet and smartphones for its potential impact on traditional business models…

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The desire to work for international companies is waning amongst China’s best and brightest.

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For fliers, it’s been an angry spring.

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Urgent care clinics have become one of the fastest-growing segments of the medical-care industry, and more are showing up in neighborhood retail centers, providing a boost to flagging occupancy levels. While they may not be a cure to what ails the shopping center industry, they are offering some relief…

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