Commercial Real Estate Financing News + More: United Airlines in Twitter trouble over dress code rules + MORE 03/27/2017

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.

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

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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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Medical Office Building Financing News + More: GameStop to shutter 100+ stores + MORE 03/26/2017

Medical Building Loans For HealthCare Professionals- Click Here!

Stated Income Options Available

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.

It’s game over for more than 100 GameStop retail locations.

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The U.S. and U.K. governments stunned the world this week by declaring passengers would be forbidden from carrying many electronic devices aboard flights from airports across the Middle East and North Africa.

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Republicans have shelved their plans to repeal Obamacare, so the sweeping health reform act remains the law of the land.

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Next move on Obamacare? It’s up to President Trump.

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Commercial Real Estate Financing News + More: GameStop to shutter 100+ stores + MORE 03/26/2017

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.

The U.S. and U.K. governments stunned the world this week by declaring passengers would be forbidden from carrying many electronic devices aboard flights from airports across the Middle East and North Africa.

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Republicans have shelved their plans to repeal Obamacare, so the sweeping health reform act remains the law of the land.

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It’s game over for more than 100 GameStop retail locations.

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Next move on Obamacare? It’s up to President Trump.

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Commercial Real Estate Financing News + More: Who were Fox analyst's sources on Obama claim? Consultant explains his side + MORE 03/19/2017

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.

President Trump has made some pretty big league promises when it comes to improving Americans’ health care.

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Jimmy Breslin, the prolific Pulitzer Prize winning columnist and champion of New York City’s working class, died Sunday morning at age 88.

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A blogger and former CIA analyst says he was a source for an uncorroborated claim made on Fox News about supposed spying at Trump Tower — but he says he didn’t mean to be.

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Read full story for latest details.

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Commercial Real Estate Financing News + More: Trump's budget would hit tens of thousands of federal workers, experts say + MORE 03/16/2017

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.

Newmark Grubb Knight Frank (NGKF) is rolling out a national valuation and appraisal service to support ambitious plans for its investment-sales platform. After recruiting Cushman & Wakefield’s former global appraisal and valuation chief, John D. Busi, last summer to lead the effort, NGKF has hired four other senior valuation execs to round out a leadership team tasked with growing NGKF’s North American valuation and advisory business line…

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President Donald Trump is taking aim well-paying jobs with attractive benefits at the nation’s largest employer — the federal government.

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USA Hockey will field a women’s team in the upcoming world championship games — with or without the current members of the women’s national team.

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More agents along the border, but a hobbled PBS. A bigger military, but less chance of getting a decent lawyer if you’re poor.

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A joint venture of Chicago-based student housing developer The Scion Group, Canada Pension Plan Investment Board (CPPIB) and Singapore wealth fund GIC have purchased three U.S. student housing portfolios for about $1.6 billion.

Scion Student Communities LP’s acquisitions include a total of 29 properties in three portfolios, including the closing this week of the $640 million purchase of 11 properties in university markets across the U…

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Medical Office Building Financing News + More: Newly confident Janet Yellen is a believer in the U.S. economy + MORE 03/15/2017

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.

Janet Yellen has a message for Americans: It’s finally safe to “feel good” about the U.S. economy.

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Despite promises from people in high places, tax reform will not happen by August. In fact, it very well may not happen this year.

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For Tesla, going mainstream doesn’t come cheap.

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Commercial Real Estate Financing News + More: Newly confident Janet Yellen is a believer in the U.S. economy + MORE 03/15/2017

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.

Janet Yellen has a message for Americans: It’s finally safe to “feel good” about the U.S. economy.

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With the quarter-point interest rate hike a done deal as of today, the Federal Reserve is signaling that the US economy is another step closer to full health after its slow recovery from the depths of the Great Recession.

In addition, today’s rate increase is not expected to be the last we see this year…

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Despite promises from people in high places, tax reform will not happen by August. In fact, it very well may not happen this year.

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The outlook for industrial real estate couldn’t be better, despite uncertainty regarding potential changes in federal trade policies and the large amount of new warehouse/distribution space currently under construction.

Recent outlooks cite several sources for continued demand in the warehouse/distribution sector, including healthy-enough consumer spending, growing demand for ecommerce space, and dare we mention it, demand from the growing medical…

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Medical Office Building Financing News + More: Neiman Marcus is up for sale + MORE 03/14/2017

Medical Office Building Financing – Click Here!

Stated Income Options Available

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.

Bankers who want to run for office are in luck. A powerful lobbying group has launched a training camp designed to help bankers become politicians.

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Luxury retailer Neiman Marcus may sell itself, in another blow to traditional brick-and-mortar retailers.

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President Trump is expected to announce a new review of federal auto fuel economy and emissions rules Wednesday at an event in Michigan, according to a source close to the administration.

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An ethics watchdog group says a White House official appears to have attended meetings with corporate executives earlier this year while he personally held stock in the companies.

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Commercial Real Estate Financing News + More: Goodbye Ruby Tuesday? Chain Opts to Explore Strategic Alternatives + MORE 03/14/2017

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.

The revitalized mill district in Manchester is becoming known as fertile ground for technology firms, and is now home to at least 30 tech company offices.

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Bearish bets on retail-focused real estate investment trusts have risen, reflecting short sellers’ belief that mall landlords will struggle.

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Restaurant chain Ruby Tuesday (NYSE:RT), which has been in the process of selling off its corporate-owned real estate, is now considering selling the company.

The Maryville, TN-based casual dining chain announced it will entertain merger or purchase options and has retained UBS as its financial advisor to assist in looking at its strategic alternatives…

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Mall landlords are now eagerly courting a type of retailer they once ignored: grocery stores, such as 365 by Whole Foods Market, Wegmans and Kroger.

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Recent commercial real estate transactions in New York City.

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Medical Office Building Financing News + More: Hispanic builder on the Mexico wall: 'Work is work' + MORE 03/13/2017

Medical Office Building Financing – Click Here!

Stated Income Options Available

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.

Mario Burgos certainly isn’t anti-immigrant. His father was born in Ecuador. His maternal grandparents immigrated from Europe.

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The White House press briefing is usually a forum for reporters and the public to learn new information about the president and his administration.

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The U.S. election may have awakened “animal spirits” on Wall Street, but the bears definitely didn’t get the wake-up call. They’ve been hibernating for an unusually-long period.

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Facebook now explicitly prohibits companies and organizations from using its services for surveillance.

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