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Commercial Real Estate Financing News + More: Recent Commercial Real Estate Transactions + MORE 02/01/2017

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Health-Care Office Building Financing – More Info Here!

Stated Income Loan Programs

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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.

The Miami-Dade County Commission voted 10-1 for preliminary approval of American Dream Miami, a proposed $3 billion “retail theme park” in northwest Miami to be developed at the Florida Turnpike and Interstate 75.

The proposal by Triple Five Group, a Canadian development firm owned by the Ghermezian family, would create the largest mall and amusement park in North America, with a nearby mixed-use commercial center developed by Graham Cos…

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The nation’s airlines scrambled to comply with President Trump’s decree on immigration, but have also struggled with how — or if — to respond publicly.

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Tourists heading to wine country used to bypass Napa Valley’s largest city. Now a number of multimillion-dollar projects aim to attract them.

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Recent commercial real estate transactions in New York City.

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Read full story for latest details.

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Amid pressure from the Canadian prime minister, Fox News has apologized for a tweet that inaccurately identified the suspect in Sunday night’s Quebec mosque terror attack as a man of Moroccan origin.

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Medical Practice Building Financing

Commercial Real Estate Financing News + More: Clicks to Bricks: Online Retailers Find the Lure of a Store + MORE 11/12/2016

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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.

ESPN is back in the good graces of Dallas Mavericks owner Mark Cuban.

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Diane Guerrero, an actress who became an outspoken advocate for immigration reform after her undocumented parents were deported, published a tough missive Friday vowing to battle President-elect Donald Trump’s anti-immigrant plans.

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An age of online shopping has, surprisingly, led to an exciting time for shoppers to get back out onto city streets to explore new, innovative shops.

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Programmers are in hot demand. Tech companies are especially eager to grab talent as fast as they can find it.

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President-elect Donald Trump is giving control of his sprawling business network to his children as he prepares to assume the presidency.

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Russell Simmons is a pioneer in creating content for and about the underserved — and he sees no reason to stop now.

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Stated Income Commercial Financing

Commercial Real Estate Financing News + More: Square Feet: At the Former Home to Borders Books, a Tech Hub Now Sprouts + MORE 11/10/2016

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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.

An age of online shopping has, surprisingly, led to an exciting time for shoppers to get back out onto city streets to explore new, innovative shops.

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Read full story for latest details.

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Walmart, Target and Best Buy have rolled out their Black Friday plans.

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Donald Trump could have an ally in Alan Greenspan, the former Federal Reserve Chair, when it comes to financial regulations.

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In Ann Arbor, Mich., where the flagship store and headquarters of the former Borders chain once stood, restaurants cater to students and tech workers.

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Hard to believe, but there was a time not so long ago when apartments were not considered the major property type in the commercial real estate sector they are today.

In 1993, when Bob Faith founded Greystar Real Estate Partners, institutional investors were just beginning to eye the investment potential of the rental housing sector, and they liked what they saw…

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Commercial Building Financing

Commercial Real Estate Financing News + More: 'The Simpsons' renewed for an unprecedented 30th season + MORE 11/04/2016

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Commercial Real Estate Financing – Click Now!

Stated Income Loan Programs

Call BRT Financial @ 904-551-6090

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.

When MK Goh was a child, condoms were a regular topic of discussion at the dinner table.

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Ay caramba! Thirty seasons of “The Simpsons.”

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A lot of people are moving out of California because they can’t afford to live there anymore.

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It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: New York City, Denver, Dallas / Ft. Worth, San Francisco, Philadelphia, Boston, Milwaukee / Madison, San Diego, Columbus, Atlanta, Charlotte, Indianapolis, Toronto, South Carolina, and Baltimore…

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America has gained 10.9 million new jobs since President Obama took office.

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A rent increase has prompted the store to shutter in January, leaving the underserved borough without a general-interest bookstore.

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Medical Practice Building Financing