Medical Office Building Financing News + More: Russian spy purge after suspected leaks to U.S. intelligence + MORE 02/02/2017

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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.

More than 1,000 small grocery stores across New York City will go on strike Thursday in the latest protest against President Trump’s immigration order.

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President Trump’s prime time Supreme Court reveal was Tuesday evening’s highest-rated TV show.

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Norwegian Air Shuttle wants to hammer out partnerships with ultra low-cost carriers Ryanair and Easyjet that could lay the groundwork for an alliance to challenge more established global carriers.

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There’s a purge of spies underway in Moscow, where two high-ranking Russian security service agents, a cybersecurity expert and a fourth man have been charged with treason for passing along secrets to American intelligence, according to a lawyer defending one of the men.

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Commercial Real Estate Financing News + More: Russian spy purge after suspected leaks to U.S. intelligence + MORE 02/02/2017

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.

President Trump’s prime time Supreme Court reveal was Tuesday evening’s highest-rated TV show.

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Spurred by projections of strong growth in the luxury hotel segment in the next two years, hotel operators have rushed out of the gate with billions of dollars of new development and acquisition initiatives to appeal to affluent travelers.

Hyatt Hotels Corp. (NYSE:H) and Fairmont Hotels & Resorts both announced plans to pour money into their resorts categories and Four Seasons Hotels and Resorts and Ashford Hospitality Prime (NYSE: AHP) each laid…

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There’s a purge of spies underway in Moscow, where two high-ranking Russian security service agents, a cybersecurity expert and a fourth man have been charged with treason for passing along secrets to American intelligence, according to a lawyer defending one of the men.

Continue Reading On rss.cnn.com »

More than 1,000 small grocery stores across New York City will go on strike Thursday in the latest protest against President Trump’s immigration order.

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A pair of new surveys point to continued favorable market conditions for US commercial real estate this year, with a strengthening economy paired with improved property fundamental and ready access to capital shoring up the real estate expansion through 2017.

A survey by KPMG LLP of senior U.S. real estate executives further finds that uncertainties over President Donald Trump’s tax and regulatory policies, rising interest rates and the threat…

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Medical Office Building Financing News + More: US airlines' cautious reaction to Trump's immigration order + MORE 02/01/2017

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.

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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An executive order awaiting President Trump’s signature is aimed at improving nation’s hacker defenses — including a plan to have the U.S. military review what kids are learning about cybersecurity in school.

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

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 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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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 Office Building Financing News + More: Ford CEO opposes Trump travel ban: 'We have to live by our values' + MORE 01/31/2017

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.

A judge in Buenos Aires, Argentina, has ordered Uber to be blocked.

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Ben Affleck will still be under the cowl, but not behind the camera.

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A reporter for Breitbart News was ejected from a press conference hosted by the Council on American-Islamic Relations on Monday.

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The truce between Ford and President Donald Trump took a hit Monday, as the automaker criticized the president’s ban on U.S. travel from seven Muslin countries.

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The top executives at 21st Century Fox have weighed in on President Trump’s recent travel ban, informing staff that they “deeply value diversity and believe immigration is an essential part of America’s strength.”

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Commercial Real Estate Financing News + More: Murdoch brothers: Immigration is 'essential' to America + MORE 01/31/2017

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.

Office property owners in New York’s suburbs are working to attract millennial workforces with amenities like restaurants, hiking trails, fitness clubs and natural lighting.

Continue Reading On wsj.com »

The top executives at 21st Century Fox have weighed in on President Trump’s recent travel ban, informing staff that they “deeply value diversity and believe immigration is an essential part of America’s strength.”

Continue Reading On rss.cnn.com »

The truce between Ford and President Donald Trump took a hit Monday, as the automaker criticized the president’s ban on U.S. travel from seven Muslin countries.

Continue Reading On rss.cnn.com »

A reporter for Breitbart News was ejected from a press conference hosted by the Council on American-Islamic Relations on Monday.

Continue Reading On rss.cnn.com »

A judge in Buenos Aires, Argentina, has ordered Uber to be blocked.

Continue Reading On rss.cnn.com »

Ben Affleck will still be under the cowl, but not behind the camera.

Continue Reading On rss.cnn.com »

Medical Office Building Financing News + More: Computer outage grounds Delta flights nationwide + MORE 01/30/2017

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.

Starbucks says it plans to hire 10,000 refugees over five years in the 75 countries where it does business.

Continue Reading On rss.cnn.com »

Delta was hit by a crippling computer outage on Sunday night that disrupted flights around the nation.

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Uber pushed back against President Trump’s immigration ban, after taking serious heat on social media for its initial response.

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General Electric CEO Jeff Immelt says he shares the “concern” felt by his employees over President Trump’s executive order banning travel from seven Muslim majority countries.

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Commercial Real Estate Financing News + More: Uber pushes back on Trump's order after #DeleteUber starts trending + MORE 01/30/2017

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.

General Electric CEO Jeff Immelt says he shares the “concern” felt by his employees over President Trump’s executive order banning travel from seven Muslim majority countries.

Continue Reading On rss.cnn.com »

Starbucks says it plans to hire 10,000 refugees over five years in the 75 countries where it does business.

Continue Reading On rss.cnn.com »

Delta was hit by a crippling computer outage on Sunday night that disrupted flights around the nation.

Continue Reading On rss.cnn.com »

Office property owners in New York’s suburbs are working to attract millennial workforces with amenities like restaurants, hiking trails, fitness clubs and natural lighting.

Continue Reading On wsj.com »

Uber pushed back against President Trump’s immigration ban, after taking serious heat on social media for its initial response.

Continue Reading On rss.cnn.com »

Medical Office Building Financing News + More: Oscar nominee Asghar Farhadi may be kept from ceremony by Trump ban + MORE 01/29/2017

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.

The Sinclair Lewis novel “It Can’t Happen Here,” about a gradual fascist takeover of the United States, has joined George Orwell’s “1984” on Amazon’s list of its best-selling books.

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Donald Trump and other supporters of the Keystone XL pipeline tout it as a major source of jobs.

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Read full story for latest details.

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The Trump administration’s immigration ban means that an Oscar nominee, Asghar Farhadi, may not be able to attend the awards ceremony next month.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: Tim Cook: 'Apple would not exist without immigration' + MORE 01/29/2017

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.

The Sinclair Lewis novel “It Can’t Happen Here,” about a gradual fascist takeover of the United States, has joined George Orwell’s “1984” on Amazon’s list of its best-selling books.

Continue Reading On rss.cnn.com »

Donald Trump and other supporters of the Keystone XL pipeline tout it as a major source of jobs.

Continue Reading On rss.cnn.com »

The Trump administration’s immigration ban means that an Oscar nominee, Asghar Farhadi, may not be able to attend the awards ceremony next month.

Continue Reading On rss.cnn.com »

Read full story for latest details.

Continue Reading On rss.cnn.com »