Commercial Real Estate Financing News + More: RLJ Lodging and FelCor Merging in $1.2 Billion Deal + MORE 04/25/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Loan Programs

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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. Nasdaq approaches 6,000: A banner day for U.S. stocks on Monday pushed the Nasdaq to within striking distance of 6,000 points.

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FelCor Lodging Trust Inc. (NYSE:FCH) has agreed to merge with and become a wholly-owned subsidiary of RLJ Lodging Trust (NYSE:RLJ) in an all-stock transaction.

Under the deal, each FelCor share will be converted into 0.362 shares of newly issued shares of RLJ common stock in a taxable merger. The combination is expected to give RLJ a post-merger pro forma equity market capitalization of $4…

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Ten days after Sheryl Sandberg’s husband died unexpectedly, she returned to work at Facebook.

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President Trump says he wants new United Nations sanctions on North Korea, calling the country “a real threat to the world.”

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In many ways, the health care industry has been a great friend to the U.S. economy. Its plentiful jobs helped lift the country out of the Great Recession and, partly due to the Affordable Care Act, it now employs one in nine Americans ? up from one in 12 in 2000.

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Commercial Real Estate Financing News + More: Dodd-Frank in Trump's sights ahead of Friday Treasury meeting + MORE 04/21/2017

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Loan Programs

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Sourcing And Seasoning Assets. Seasoning of Ownership!

This particular problem will not be relevant to all business borrowers. However, if it is relevant, you should seek out a lender without sourcing and seasoning requirements or limitations. Most banks have strict guidelines for sourcing and seasoning of assets or ownership to qualify for commercial real estate loans. For a purchase, commercial lenders will frequently want documentation about where the down payment is coming from (sourcing). Commercial lenders will also frequently have very specific requirements stipulating that the funds must have been in a specific account for a specific period of time, often 3-6 months or longer (seasoning). Seasoning of ownership is similar to seasoning of funds, except this requirement involves the minimum time someone has owned a commercial property before they can refinance the property.

Blackstone’s non-traded REIT, Blackstone Real Estate Income Trust, this week added another portfolio to its growing property stockpile.

The REIT’s latest acquisition is a six million-square-foot portfolio of predominantly infill industrial assets it purchased from affiliates of High Street Realty Co…

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Apartment profits continued their string of strong performances last year, according to the latest full-year financial data collected on hundreds of thousands of multifamily units.

The combined 2016 net operating income at 4,362 conventional multifamily complexes reporting year-end numbers totaled $5…

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President Trump and Commerce Secretary Wilbur Ross have a message for big American steel companies. We’ll protect you.

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Heavy equipment manufacturer Caterpillar Inc. (NYSE: CAT) announced Wednesday it will relocate to Chicago’s suburbs, opting to move its global headquarters to the northern Chicago suburb of Deerfield over several downtown options after more than 90 years being based in the heart of the state in Peoria, IL…

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President Donald Trump is planning to take the next step Friday in his steady attack over the 2010 Dodd-Frank financial reform law.

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Reflecting what one real estate economist described as an overall sentiment of “restrained optimism,” the latest ULI Real Estate Consensus Forecast sees a more modest rate of commercial real estate transaction from the frenzied pace seen in recent years, and a gradual slowing but still increases in rental rates, occupancy and pricing through 2019…

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Commercial Real Estate Financing News + More: Caterpillar to Relocate Global Headquarters to Chicago Suburb of Deerfield + MORE 04/20/2017

Medical Office Building Financing – Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

Heavy equipment manufacturer Caterpillar Inc. (NYSE: CAT) announced Wednesday it will relocate its global headquarters to the northern Chicago suburb of Deerfield after more than 90 years of being based in Peoria, IL.

Caterpillar Chief Executive Officer Jim Umpleby said that after a thorough site selection process, the company picked Deerfield, located about 25 miles north of downtown Chicago, because of its proximity to O’Hare International Airport…

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Beijing’s internet regulators are turning up the heat on Apple.

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1. Oil trouble: It looks like major oil producers have something to worry about.

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Hours after 21st Century Fox announced Bill O’Reilly’s ousting from Fox News, former contributor Kirsten Powers recalled complaining about the former anchor’s behavior. She said she was told, “You know Bill, there’s nothing we can do.”

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The seven-year expansion in the U.S. office market slowed in many big cities in the first quarter.

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Commercial Real Estate Financing News + More: Starwood Capital to Acquire Landholder Forestar Group for $605 Million + MORE 04/18/2017

Commercial Real Estate Financing – Click Now!

Stated Income Loan Programs

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Special Purpose Properties!

It is becoming increasingly difficult to get commercial loans for special purpose properties. Properties that do not fall in the categories of apartments or retail/office buildings are often placed in this special purpose classification. This means that business acquisition loans for commercial properties such as restaurants/bars and auto service businesses are frequently hard to find. Commercial financing will be even more difficult to locate for such specialized properties as churches, funeral homes, nursing homes and assisted living facilities.

It appears Starwood Capital Group may be switching horses in its homebuilding investment business after community and mixed-use developer Forestar Group Inc. agreed to be acquired by affiliates of Starwood Capital in a $605 million deal.

The transaction price of $14.25 for each share of Forestar represents an 8…

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When it comes to filing your taxes, today is not the day to dawdle.

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Anbang, the acquisitive Chinese insurer with big ambitions abroad, isn’t having much luck cracking America.

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1. Taxes in focus: U.S. Treasury Secretary Steven Mnuchin says the Trump administration’s sweeping tax reforms are likely to be delayed.

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Commercial Real Estate Financing News + More: With O'Reilly on vacation, Murdochs debate his future + MORE 04/15/2017

Health-Care Office Building Financing – More Info Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

Delta customers can now be offered nearly $10,000 for giving up their seats on overbooked flights.

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United Airlines may be the most hated company in the world right now.

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A hacking group has dumped a collection of spy tools allegedly used by the National Security Agency online. Experts say they are damaging.

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Beekman Investment Partners III LP acquired 16 movie theaters with 184 screens from Chinese-owned AMC Entertainment Holdings Inc. (NYSE: AMC) and Carmike Cinemas. The deal is part of the settlement agreement with the US Justice Dept. to allow AMC to acquire Carmike as part of a planned $1.2 billion merger…

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Fox News host Bill O’Reilly is gone on an extended Easter vacation, escaping the firestorm that currently surrounds him. But in his absence, Rupert Murdoch and his sons James and Lachlan continue to debate his future.

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The Trump administration stopped short of branding China and Germany currency manipulators, despite having accused both countries of keeping their currencies artificially low to gain unfair advantage in trade with the U.S.

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Commercial Real Estate Financing News + More: Yext: The newest $1 billion tech company + MORE 04/14/2017

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

Sourcing And Seasoning Assets. Seasoning of Ownership!

This particular problem will not be relevant to all business borrowers. However, if it is relevant, you should seek out a lender without sourcing and seasoning requirements or limitations. Most banks have strict guidelines for sourcing and seasoning of assets or ownership to qualify for commercial real estate loans. For a purchase, commercial lenders will frequently want documentation about where the down payment is coming from (sourcing). Commercial lenders will also frequently have very specific requirements stipulating that the funds must have been in a specific account for a specific period of time, often 3-6 months or longer (seasoning). Seasoning of ownership is similar to seasoning of funds, except this requirement involves the minimum time someone has owned a commercial property before they can refinance the property.

JCPenney tried to close the doors, but shoppers came pouring in.

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United Airlines fell face first into a public relations hole last Sunday after a passenger was forcibly dragged off a flight — and the entire incident was videotaped.

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Was United Airlines Flight 3411 overbooked or oversold? The airline now says it was neither.

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Toshiba: Too big to fail?

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Toshiba’s future is hanging in the balance.

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While the recent rash of store closings has cast a pall over the retail landscape, the ongoing shakeout has been a boon to the handful of restructuring specialists that cater to retailers.

Part real estate brokers, part legal advisors and part wholesale marketers, these hybrid firms seem to get all the big store disposition assignments when retailers go belly up…

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Commercial Real Estate Financing News + More: U.S. dollar drops sharply after Trump calls it 'too strong' + MORE 04/13/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

Silicon Valley the place loves “Silicon Valley,” the show that mercilessly mocks it.

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When it comes to tax reform, the number one concern for small businesses is that lawmakers will reduce their tax breaks without lowering their tax rates much, if at all.

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President Trump caused the U.S. dollar to slump Wednesday.

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With no end in sight for the exponential growth in demand from businesses and consumers for more online bandwidth, private equity and institutional capital is competing with traditional data center property investors for the best properties, helping drive the latest round of M&A transactions in the data center property sector…

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The place the Rams called home for two decades is now suing the football team.

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Commercial Real Estate Financing News + More: Recent Commercial Real Estate Transactions + MORE 04/12/2017

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

Sourcing And Seasoning Assets. Seasoning of Ownership!

This particular problem will not be relevant to all business borrowers. However, if it is relevant, you should seek out a lender without sourcing and seasoning requirements or limitations. Most banks have strict guidelines for sourcing and seasoning of assets or ownership to qualify for commercial real estate loans. For a purchase, commercial lenders will frequently want documentation about where the down payment is coming from (sourcing). Commercial lenders will also frequently have very specific requirements stipulating that the funds must have been in a specific account for a specific period of time, often 3-6 months or longer (seasoning). Seasoning of ownership is similar to seasoning of funds, except this requirement involves the minimum time someone has owned a commercial property before they can refinance the property.

Uber’s communications chief is leaving the ride-hailing firm as it reels from a wave of public relations crises.

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Triple-net health care property owner Care Capital Properties, Inc. (NYSE: CCP) has agreed to acquire six behavioral health hospitals in California, Arizona and Illinois from affiliates of Signature Healthcare Services, LLC in a $400 million sale-leaseback transaction.

The six properties, which have all been either recently expanded or under development to expand capacity, include a total of 712 beds, primarily providing acute inpatient and outpatient…

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It’s been an ugly few days for United Airlines.

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Recent commercial real estate transactions in New York City.

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Imagine the next time you’re flying. You arrive at the gate. There’s a big mob. It’s going to be a crowded flight.

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Amid a sexual harassment scandal and advertiser boycott, Fox News host Bill O’Reilly announced Tuesday that he will take a nearly two-week vacation.

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Commercial Real Estate Financing News + More: Delta's meltdown: What went wrong + MORE 04/11/2017

Medical Office Building Financing – Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

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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…

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Russia is on the verge of taking control of a US oil company.

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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.

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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.

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The New York Daily News and ProPublica are the twin recipients of this year’s Pulitzer Prize for public service.

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Commercial Real Estate Financing News + More: Six Flags Nixes Plans for Theme Park REIT; La Quinta Says Maybe + MORE 04/07/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

A pair of bills addressing dual agency broker representation have been introduced in the California State Assembly. If taken up and passed, the proposed legislation has the potential to upend and reshape the way commercial real estate brokerages do business in California, and influence real estate practices in other states across the country…

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Once considered a sure-fire strategy for ‘unlocking’ value in corporate-owned real estate paired with tax advantages, the number of non-traditional real estate firms opting to pursue REIT conversions continues to slow.

Late last week, Six Flags Entertainment Corp. (NYSE: SIX), the world’s largest regional theme park company, nixed plans for a REIT conversion of its 18 theme parks in the US, Mexico and Canada…

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In his first public speech since being ousted from his post as U.S. Attorney for the Southern District of New York a month ago, Preet Bharara revealed why he forced President Trump to fire him.

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President Trump likes to remind everyone that American manufacturers are giddy “like never before.” He fully expects that to translate into “jobs, jobs, jobs.”

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Before he cut to his first commercial break of the night on Thursday, Fox News host Bill O’Reilly teased a series of segments that would come, he said, “after these messages.” But after only a one minute-long ad, O’Reilly was back on the screen.

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