Medical Office Building Financing News + More: Google CEO made nearly $200 million last year + MORE 04/29/2017

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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.

Apparently the C in Alphabet stands for crazy cash.

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Hollywood will be getting a new chief lobbyist in Washington.

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The one-page outline of President Trump’s tax plan is sparse on details, but it does show he favors tax cuts that help business owners, greatly benefiting the wealthiest among them.

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Read full story for latest details.

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New York has plenty of opulence. In Manhattan, you can order up a $1,000 ice cream dish at Serendipity 3, shell out $7,500 for a bottle of champagne at a nightclub, or spend $75,000 to stay in an extravagant penthouse hotel suite.

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