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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.
A major Chinese tech deal in the U.S. just fell apart.
hhgregg Restructuring Short Circuits as Buyer Fails to Materialize, Big Box Retailer to Close All Stores, Liquidate Assets
– costar.com/News
A month after filing for Chapter 11 bankruptcy reorganization with a plan to sell the company to an anonymous buyer, hhgregg Inc. (NYSE:HGG) this week abandoned those plans and began a wind down of its business.
The electronics and appliance retail chain has started holding going-out-of-business sales at its remaining 132 stores…
Russia could soon control a U.S. oil company
– rss.cnn.com
Russia is on the verge of taking control of a US oil company.
When United Airlines needed extra seats on its plane Sunday night, the airline bumped an unwilling passenger, whom authorities ultimately dragged — down the aisle — off the plane.
Delta's meltdown: What went wrong
– rss.cnn.com
After years of profitability and reliable service, Delta Air Lines struggled mightily last week with two basic functions of its business — flying airplanes and accommodating passengers.
ProPublica, Daily News, Post's Fahrenthold win Pulitzers
– rss.cnn.com
The New York Daily News and ProPublica are the twin recipients of this year’s Pulitzer Prize for public service.
