Commercial Real Estate Financing News + More: Office Lease Up (March 13) Blue Shield Signs 200,000-SF Lease in Planned Move from San Francisco to Oakland + MORE 03/13/2017

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.

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

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In one of the largest office leases in Oakland on record, Blue Shield of California will move its corporate headquarters into 200,000 square feet at 601 City Center, a project finally under development by Shorenstein Properties and MetLife Inc. after being stalled for several years.

The health plan said the move aims to reduce administrative costs and provide upgraded office surrounding for about 1,200 employees…

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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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Add Gordmans Stores Inc. (NASDAQ: GMAN) to the growing list of department store chains throwing in the towel. The Omaha, NE-based chain filed for bankruptcy and plans to enter into an agreement with Tiger Capital Group and Great American Group to handle the liquidation sales of its store inventory and other assets…

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

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Commercial Real Estate Financing News + More: Why Facebook tracks internet outages around the world + MORE 03/12/2017

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.

President Trump’s budget director claims the Obama administration was “manipulating” jobs data.

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President Trump’s new pick for labor secretary will have to wait a bit longer before he gets a hearing.

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Millionaires would win big under Republicans’ bill to repeal Obamacare.

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There are few people with computer science backgrounds who work in the federal government. Long hours coupled with smaller salaries make it hard to recruit techies to Washington, according to Representative Ruben Gallego.

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The internet doesn’t have an off switch. While it’s interesting to imagine pressing a big red button and — poof! — the internet goes out around the world, it’s actually much more complicated than that.

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Medical Office Building Financing News + More: Here's how much millionaires would save under GOP Obamacare repeal bill + MORE 03/12/2017

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.

There are few people with computer science backgrounds who work in the federal government. Long hours coupled with smaller salaries make it hard to recruit techies to Washington, according to Representative Ruben Gallego.

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President Trump’s new pick for labor secretary will have to wait a bit longer before he gets a hearing.

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President Trump’s budget director claims the Obama administration was “manipulating” jobs data.

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Millionaires would win big under Republicans’ bill to repeal Obamacare.

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The internet doesn’t have an off switch. While it’s interesting to imagine pressing a big red button and — poof! — the internet goes out around the world, it’s actually much more complicated than that.

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Medical Office Building Financing News + More: Anthem supports parts of GOP health care bill, but wants more and fast + MORE 03/11/2017

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.

There’s a growing distrust of the technology industry, and if you ask Dan Rather, it’s because people are afraid.

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Insurance giant Anthem lent its support to parts of the Republican health care bill, saying changes must be made as soon as possible for the Obamacare market to survive.

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Health savings accounts are poised for a major expansion by Republicans in Washington, D.C., and that could mean millions more customers ? and fees ? flowing to a handful of companies.

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Commercial Real Estate Financing News + More: What's in a Thin Mint? Well, that depends + MORE 03/11/2017

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.

Health savings accounts are poised for a major expansion by Republicans in Washington, D.C., and that could mean millions more customers ? and fees ? flowing to a handful of companies.

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There’s a growing distrust of the technology industry, and if you ask Dan Rather, it’s because people are afraid.

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Insurance giant Anthem lent its support to parts of the Republican health care bill, saying changes must be made as soon as possible for the Obamacare market to survive.

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Medical Office Building Financing News + More: A sloth's guide to business travel + MORE 03/10/2017

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.

President Donald Trump’s travel ban could keep out more international travelers than he bargained for.

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JPMorgan CEO Jamie Dimon says that stocks have rallied because President Trump has awoken the “animal spirits” of investors.

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Travelers have been flocking to Portland, Oregon lately — in fact there’s been a 28% increase in tourists to the unofficial hipster city in the past five years, according to the Port of Portland. If you’re headed there for work, you’ll certainly want to check out the cool cafes, bookstores, and food trucks that line the city’s blocks.

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Lawmakers are trying to put a stop to shrinking airline seats … again.

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Commercial Real Estate Financing News + More: Bulls galore! Has Trump unleashed America's animal spirits? + MORE 03/10/2017

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.

President Donald Trump’s travel ban could keep out more international travelers than he bargained for.

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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, Santa Fe, Boston, Chicago, Orange County, Phoenix/Tucson, Toronto, Salt Lake City, Northern New Jersey, Philadelphia, Florida and more!
NEW YORK CITY
Kimco Taps Cooper as President, Jamieson as COO
By Justin Sumner

<img src="http://gateway…

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Lawmakers are trying to put a stop to shrinking airline seats … again.

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JPMorgan CEO Jamie Dimon says that stocks have rallied because President Trump has awoken the “animal spirits” of investors.

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Travelers have been flocking to Portland, Oregon lately — in fact there’s been a 28% increase in tourists to the unofficial hipster city in the past five years, according to the Port of Portland. If you’re headed there for work, you’ll certainly want to check out the cool cafes, bookstores, and food trucks that line the city’s blocks.

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Medical Office Building Financing News + More: Wells Fargo fallout: Execs reshuffled, 3 managers out + MORE 03/09/2017

Health-Care Office Building Financing – More Info Here!

Stated Income Options Available

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.

President Trump’s pledge to unleash $1 trillion in infrastructure spending is generating a flurry of lobbying from an alphabet-soup list of trade groups whose members are jockeying to reap potentially huge benefits.

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Wells Fargo is still trying to clean up its fake account mess.

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More than seven months after the ouster of Roger Ailes, Fox News is still scrambling to deal with sexual harassment allegations against executives and on-air talent.

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Treasury Secretary Steven Mnuchin sent a letter this week to Congress warning that the United States is about to reach its legal borrowing limit by next Thursday.

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Mark Zuckerberg and wife Priscilla Chan are expecting another baby girl.

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Commercial Real Estate Financing News + More: Mark Zuckerberg, Priscilla Chan expecting second baby girl + MORE 03/09/2017

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.

Treasury Secretary Steven Mnuchin sent a letter this week to Congress warning that the United States is about to reach its legal borrowing limit by next Thursday.

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While the February 2015 Ch. 11 reorganization of RadioShack is still winding its way through bankruptcy court, the new owners who acquired the assets of the electronics retail chain and took over about 1,500 of its stores, filed for its own Ch. 11 reorganization yesterday.

General Wireless Operations Inc…

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President Trump’s pledge to unleash $1 trillion in infrastructure spending is generating a flurry of lobbying from an alphabet-soup list of trade groups whose members are jockeying to reap potentially huge benefits.

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Mark Zuckerberg and wife Priscilla Chan are expecting another baby girl.

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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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More than seven months after the ouster of Roger Ailes, Fox News is still scrambling to deal with sexual harassment allegations against executives and on-air talent.

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Commercial Real Estate Financing News + More: 'Lego Batman' producer today. Treasury secretary tomorrow? + MORE 02/13/2017

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.

All that happy talk in Washington about getting tax reform done fast is already proving unrealistic.

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The company is putting its stamp on the city with an expanding array of unconventional experiments in bricks-and-mortar sales.

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To tackle Thailand’s mounting trash problem, one company is turning to the country’s plant life.

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Eric Trump says he can manage his father’s business without running afoul of ethical conflicts, according to a report in the New York Times.

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Verizon is bringing back an unlimited data plan.

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