Medical Office Building Financing News + More: Gonzaga's surprising profit + MORE 04/01/2017

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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.

Gonzaga’s most surprising achievement isn’t getting to the Final Four. It’s the sizable profit its men’s basketball team scored while playing in a small conference.

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Treasury Secretary Steven Mnuchin says he didn’t mean to promote the Lego Batman movie.

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When the women on the national hockey team started a protest for fair pay, they had no idea it would become a historic moment in women’s sports.

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SpaceX just made history by launching the same rocket into orbital space for a second time. And the jaw-dropping news did not stop there.

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Commercial Real Estate Financing News + More: U.S. debt to double over the next 30 years + MORE 03/31/2017

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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.

How Russia hacks you

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Once an overlooked niche, the student housing sector is attracting increased attention from major investors, who see the sector as offering less rental growth volatility and a recession-resistant hedge to conventional apartments.

Meanwhile, strong levels of US college enrollment and the diminished capacity for cash-strapped public universities to fund new dormitory development due to state budget cuts are creating more opportunities in the student…

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High-profile politics in South Africa has slammed the country’s currency.

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U.S. debt is likely to double as a share of the economy over the next 30 years, according to the Congressional Budget Office.

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Medical Office Building Financing News + More: SpaceX makes history: It launched a used rocket and then landed it in the ocean + MORE 03/31/2017

Commercial Real Estate Financing – Click Now!

Stated Income Options Available

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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.

How Russia hacks you

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Read full story for latest details.

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U.S. debt is likely to double as a share of the economy over the next 30 years, according to the Congressional Budget Office.

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High-profile politics in South Africa has slammed the country’s currency.

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Medical Office Building Financing News + More: Why Hollywood's writers might be headed for a strike + MORE 03/30/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

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.

Things have looked brighter for Lululemon and its brand of luxury athletic wear.

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President Trump’s temporary SEC chief has already taken steps to curb the agency’s ability to go after financial crime.

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It’s busy season for immigration lawyers. On April 3, people can start submitting H-1B visa petitions for the new fiscal year.

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There’s seemingly more opportunities than ever for writers in Hollywood, between movies, TV and new digital services. But if the Writers Guild of America is not able to agree to a new contract before May, it all could come to a screeching halt, nearly a decade since the union’s last strike that lasted 100 days and carried a billion-dollar price tag.

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Move over Warren Buffett! Amazon CEO Jeff Bezos is now the second richest person on Earth.

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Commercial Real Estate Financing News + More: Democrats seek probe over weakening SEC's subpoena powers + MORE 03/30/2017

Medical Office Building Financing – Click Here!

Stated Income Loan Programs

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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.

There’s seemingly more opportunities than ever for writers in Hollywood, between movies, TV and new digital services. But if the Writers Guild of America is not able to agree to a new contract before May, it all could come to a screeching halt, nearly a decade since the union’s last strike that lasted 100 days and carried a billion-dollar price tag.

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Things have looked brighter for Lululemon and its brand of luxury athletic wear.

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While owners of shopping malls have been grappling with department store closings for several years, the pace of closings has recently accelerated, marking a turning point in the speed of the fundamental changes reshaping the traditional mall sector.

Chains such as Sears, Macy’s and JCPenney are no longer closing a handful of underperforming stores at a time…

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It’s busy season for immigration lawyers. On April 3, people can start submitting H-1B visa petitions for the new fiscal year.

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Buffalo Wild Wings Inc. (NASDAQ: BWLD) has retained restaurant and franchise investment banking firm The Cypress Group to manage the restaurant chain’s portfolio optimization initiative.

Cypress will be marketing roughly 10% of the 620 Buffalo Wild Wings company-owned restaurants as the first phase of what the Minneapolis-based company called an ongoing portfolio optimization process…

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President Trump’s temporary SEC chief has already taken steps to curb the agency’s ability to go after financial crime.

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Commercial Real Estate Financing News + More: Deep-red Kansas lawmakers agree to expand Medicaid + MORE 03/29/2017

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.

The federal investigation stemming from sexual harassment allegations made against former Fox News chief Roger Ailes took a dramatic turn on Tuesday with a report that prosecutors have offered a former network executive immunity.

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Recent commercial real estate transactions in New York City.

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Donald Trump took aim Tuesday at one of President Obama’s signature efforts on climate change: rules designed to make power plants cleaner.

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The leader of a group that represents the world’s major airlines just blasted the new laptop restrictions put in place by the United States and the United Kingdom.

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Republicans in Congress may be trying to kill Obamacare, but that hasn’t deterred Republicans in Kansas from pursuing one of the health reform law’s chief provisions: expanding Medicaid.

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In Apalachicola, Fla., residents are divided over how to solve a lack of affordable housing. Some advocate converting early examples of African-American architecture.

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Medical Office Building Financing News + More: Deep-red Kansas lawmakers agree to expand Medicaid + MORE 03/29/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

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.

Republicans in Congress may be trying to kill Obamacare, but that hasn’t deterred Republicans in Kansas from pursuing one of the health reform law’s chief provisions: expanding Medicaid.

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The leader of a group that represents the world’s major airlines just blasted the new laptop restrictions put in place by the United States and the United Kingdom.

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The federal investigation stemming from sexual harassment allegations made against former Fox News chief Roger Ailes took a dramatic turn on Tuesday with a report that prosecutors have offered a former network executive immunity.

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Members of the U.S. Women’s National Hockey Team have agreed to a 4-year labor deal with USA Hockey.

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Donald Trump took aim Tuesday at one of President Obama’s signature efforts on climate change: rules designed to make power plants cleaner.

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Medical Office Building Financing News + More: Democrat cries foul over Mnuchin's 'Lego Batman' plug + MORE 03/28/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

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.

Uber’s self-driving cars are back on the road, following a weekend crash in Tempe, Ariz. that grounded test cars in Pittsburgh and Arizona.

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In hopes of moving quickly past their failed attempt at repealing Obamacare last week, Republicans and the White House have been talking about the next big thing they’ll address: tax reform.

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A cheeky plug for “The Lego Batman Movie” could land Treasury Secretary Steven Mnuchin in hot water.

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A house where Donald Trump once lived in as a child has been generating quite a bit of interest — and value — lately.

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Commercial Real Estate Financing News + More: Conservative media at a crossroads early in Trump era + MORE 03/28/2017

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.

The Durst Organization today announced its first acquisition outside of New York state, purchasing properties spanning several piers along the Philadelphia waterfront from Brandywine Realty Trust (NYSE: BDN).

Durst purchased the Delaware River waterfront properties spanning Piers 12, 13-15, 19 and 24 north of Benjamin Franklin Bridge known as the Philadelphia Piers at Penn’s Landing for a reported $21…

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In hopes of moving quickly past their failed attempt at repealing Obamacare last week, Republicans and the White House have been talking about the next big thing they’ll address: tax reform.

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S’well Bottle, a maker of reusable beverage bottles, has quadrupled its office space, landing a two-year sublet in the Flatiron District of Manhattan, the company announced.

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A house where Donald Trump once lived in as a child has been generating quite a bit of interest — and value — lately.

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Graebel Van Lines LLC, which bills itself as the nation’s largest privately owned residential moving company, notified customers and creditors that it is ceasing operations effective immediately and will begin a wind down of its business.

The assets of Dallas-based Graebel Van Lines and its operating affiliates remain subject to the liens of a secured creditor, the company said without identifying the firm…

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Medical Office Building Financing News + More: Lyft says round up your fare and donate to charity + MORE 03/27/2017

Doctor Medical Building Financing – More Info Click Here!

Stated Income Options Available

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.

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.

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Lyft thinks it has found another way to differentiate itself from its rival Uber.

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An obscure dress code requirement that is part of a United Airlines employee perk caused a stir on Twitter on Sunday.

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