Nation-Wide Commercial Real Estate Financing News – 904-551-6090 + More: Walmart eyes same-day delivery in New York City + MORE 10/03/2017

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.

Cely Rivera has spent a lot of time waiting for help since Hurricane Maria devastated Puerto Rico two weeks ago.

Continue Reading On rss.cnn.com »

Walmart may soon launch same-day delivery in New York City.

Continue Reading On rss.cnn.com »

New York City-based, privately-held landlord and asset manager Newmark Holdings has announced it will now go by the name GFP Real Estate, in a move meant to prepare for a public offering by commercial real estate services firm Newmark Knight Frank (NKF).

NKF Chairman Jeffrey Gural said in a release that ahead of NKF’s public offering, this rebranding, “is intended to eradicate confusion in the market” between it and GFP Real Estate, which is the…

Continue Reading On ostar.com »

Toronto-based RioCan Real Estate Investment Trust announced plans to sell off about 100 retail properties located outside its core markets over the next two to three years and plans to recycle proceeds into new developments within the country’s six largest metros.

RioCan said it expects to see about US $1…

Continue Reading On costar.com/News »

Equifax just got grilled by Congress for the first time over its breach. Or at least one of its former executives did.

Continue Reading On rss.cnn.com »

Nation-Wide Commercial Real Estate Financing News – 904-551-6090 + More: For Amazon’s Second HQ’s Search, Bigger May Be Better + MORE 09/30/2017

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.

Initial reactions of real estate groups and analysts to the tax-reform framework released yesterday by GOP leaders in Congress ranged from outright support to opposition of a proposal included in the framework to limit or ban the deductibility of interest on business debt.

The real estate community has been on edge over rumors the tax plan advanced by Congressional leaders would do away with some of the industry’s favored tax treatments…

Continue Reading On costar.com/News »

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, Detroit / Grand Rapids, Orange County, Dallas / Fort Worth, Washington DC, San Francisco, Chicago, Orlando, Cleveland / N…

Continue Reading On costar.com/News »

The Food and Drug Administration is worried that there could be shortages of some critical drugs normally produced in Puerto Rico if manufacturing plants there are closed for an extended period of time.

Continue Reading On rss.cnn.com »

While there has been no shortage of market conjecture in recent weeks on where Amazon will decide to locate its new ‘co-headquarters,’ we decided to crunch the numbers using CoStar’s unparalleled database of commercial real estate information using the key criteria identified by Amazon in its Request for Proposal (RFP)…

Continue Reading On ostar.com »

Companies are stepping up to rebuild Puerto Rico.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: Raymond, Fant Join SRS Real Estate Partners + MORE 09/02/2017

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.

SRS Real Estate Partners boosted its Net Lease Group with the addition of Britt Raymond and Kyle Fant in the firm’s New York City office.

Raymond was named first vice president for NYC. She has established herself as a leader in the market through her expertise and closing over $230 million in commercial real estate transactions…

Continue Reading On ostar.com »

WeWork Cos. has confirmed that Japanese telecommunications conglomerate Softbank Group Corp. will invest $3 billion directly into the office-sharing startup and $1.4 billion into three newly created subsidiaries to expand the company into China, Japan, Korea and Southeast Asia.

The total $4.4 billion investment is nearly one-third larger than last March, when the Wall Street Journal reported that WeWork had $300 million with plans to raise a total…

Continue Reading On costar.com/News »

An initial assessment of the potential impact of the epic storm on the Houston commercial real estate market by CoStar Group reveals that 27% of the market’s gross leasable area, representing $55 billion in property value, is located in flood zones and may have potentially suffered damage.

$16 billion of the $55 billion in property at risk is comprised of apartment buildings within the 100-year flood zone…

Continue Reading On costar.com/News »

The U.S. government has several levers it can pull to ease the pain at the pump caused by Hurricane Harvey.

Continue Reading On rss.cnn.com »

The rising number of people age 65 and over, pressure for health-care providers to cut costs and the rise of new technology will continue to drive demand and opportunities for medical office developers and investors, according to a new report by CBRE Group, Inc.

According to “U.S. Medical Office Buildings: A Cure for Market Volatility,” CBRE’s first report outlining the U…

Continue Reading On costar.com/News »

Commercial Real Estate Financing News + More: After Heathcare Setback, Can Congress, Trump Administration Break Gridlock on Infrastructure, Tax Reform? + MORE 08/24/2017

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.

President Trump began an investigation earlier this year into whether steel imports were threatening national security. Four months later, the steel industry wants action.

Continue Reading On rss.cnn.com »

Gas prices are going to jump in some parts of the country as Hurricane Harvey nears the Texas coast.

Continue Reading On rss.cnn.com »

For the second consecutive quarter, the Real Estate Roundtable’s Economic Sentiment Index reflected waning market optimism, largely due to the political uncertainties and lack of progress on pro-growth initiatives in Washington.

At the same time, however, respondents to the third-quarter survey conducted earlier this month continued to express confidence that property-level metrics and performance are holding steady even as hope dims over prospects…

Continue Reading On costar.com/News »

The U.S. commercial real estate market could soon find out what happens when the government of the world’s largest country tightens the spigot on overseas investments from its citizens. Last week, the State Council of the People’s Republic of China officially announced measures to curb outbound investment – a move Chinese officials had been hinting at all year…

Continue Reading On ostar.com »

The U.S. commercial real estate market could soon find out what happens when the government of the world’s largest country tightens the spigot on overseas investments from its citizens. Last week, the State Council of the People’s Republic of China officially announced measures to curb outbound investment – a move Chinese officials had been hinting at all year…

Continue Reading On costar.com/News »

Commercial Real Estate Financing News + More: Square Feet: Downtown Brooklyn’s Dearth of Office Space Beckons Tishman Speyer + MORE 04/05/2017

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.

The developer, which owns Rockefeller Center and the Chrysler Building, is building a 620,000-square foot office tower.

Continue Reading On nytimes.com/services »

Recent commercial real estate transactions in New York City.

Continue Reading On nytimes.com/services »

Kendall Jenner’s new ad for Pepsi has fallen flat.

Continue Reading On rss.cnn.com »

Count KKR & Co. (NYSE: KKR) among the major investors who see an opportunity in offering CRE debt capital to take out a high volume of over-leveraged CRE properties with approaching loan maturity dates.

The private equity giant is planning to enter the public commercial real estate finance arena by launching KKR Real Estate Finance Trust Inc…

Continue Reading On ostar.com »

Major League Baseball uniforms will continue to be made in the U.S., and more than 500 factory workers will keep their jobs, even though MLB is switching suppliers for the first time in 30 years.

Continue Reading On rss.cnn.com »

The Writers Guild of America will give peace another chance next week as Hollywood waits to find out if an industry-rattling strike is imminent.

Continue Reading On rss.cnn.com »