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Recall/Balloon Features
These terms are used by many banks to effectively shorten most commercial real estate loans to 3-7 years. Short-term loans (less than fifteen years)
15-40 year commercial property loans without recall/balloon features are available. Please note that processing/retainer fees are not included in this discussion of commitment fees. Processing/retainer fees should be viewed as an acceptable and standard business practice when dealing with commercial real estate loans.
1. Brexit begins: The United Kingdom’s government is officially kickstarting negotiations to leave the European Union nine months after the Brexit vote. Prime Minister Theresa May said that she will trigger Article 50 on Wednesday, which is a two-year legislative plan for the U.K. to leave the bloc of countries.
Lyft says round up your fare and donate to charity
– rss.cnn.com
Lyft thinks it has found another way to differentiate itself from its rival Uber.
Brexit gloom appears to be spreading.
United Airlines in Twitter trouble over dress code rules
– rss.cnn.com
An obscure dress code requirement that is part of a United Airlines employee perk caused a stir on Twitter on Sunday.
