Commercial Real Estate Financing News + More: Hillary Clinton's secret weapon: Wellesley + MORE 11/06/2016

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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.

Nancy Wanderer has proudly worn an “Elect Hillary Clinton” shirt every single day from the Democratic National Convention in July until Election Day. Her car has eight Clinton campaign stickers on it.

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Even “Saturday Night Live” has had enough of this election.

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Win or lose Tuesday, Hillary Clinton has captured a victory from one group of Americans — children.

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1. The U.S. presidential election: The fate of the next four years will be decided on Tuesday. According to a CNN poll, Clinton and Trump are neck to neck in key battleground states, including New Hampshire, Arizona, Florida, Nevada and Pennsylvania.

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