Commercial Real Estate Financing News + More: 5 things to know about the gender pay gap + MORE 04/04/2017

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.

There are women at Fox News who want to speak up. But they’re afraid. They’ve seen other women stand up for themselves — against former Fox News chief Roger Ailes, against host Bill O’Reilly — and lose their jobs as a result. Meanwhile, they’ve seen those men defended and handsomely compensated by the company.

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Fox News host Bill O’Reilly opened his top-rated program Monday night by teasing an “explosive new report.” But not the one about him.

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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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The Federal Reserve’s regulatory czar departs Wednesday, potentially clearing a path for President Trump to loosen the rules governing Wall Street.

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Colliers International Group Inc. (Nasdaq:CIGI) has acquired its affiliate WelshCo LLC in the latest in a series of acquisitions in the Midwest and other U.S. regions.

Founded in 1977, Welsh has grown into a market leader in the greater Minneapolis-St. Paul area and became a Colliers International affiliate in 2010…

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Commercial Real Estate Financing News + More: Fox braces for fallout from Bill O'Reilly scandal + MORE 04/03/2017

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.

If Bill O’Reilly weren’t the biggest star at Fox News, would he still have a job at Fox News?

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1. Jobs report: On Friday, the U.S. Labor Department will release its March jobs report. It’s yet another glimpse at President Trump’s key promise: “Jobs! Jobs! Jobs!” as it put it in a tweet last week.

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A Ferarri once owned by President Trump was sold at auction this weekend at a record $270,000.

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The White House has made public the financial disclosure forms of about 180 staffers.

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Commercial Real Estate Financing News + More: Stores are scooping up this nut-free ice cream + MORE 04/02/2017

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.

General Electric CEO Jeff Immelt says he tries to stay out of politics — but he’s found it necessary to speak out against some of President Trump’s policies.

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Two years ago, restauranteur Marc Roth didn’t know anything about making ice cream.

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The fear surrounding Congress’s decision to roll-back some Obama-era internet privacy rules is just “hyper-partisan hyperbole,” says former Federal Trade Commission chair Jon Leibowitz.

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Commercial Real Estate Financing News + More: Here's what else Oakland is losing, along with the Raiders + MORE 04/01/2017

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.

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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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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BBG, one of the largest independent valuation, assessment and advisory firms in the U.S., has acquired Integra Realty Resources (IRR) affiliate offices in San Francisco and Sacramento, bolstering the Dallas-based firm’s presence in the West with its second California acquisition within a week.

The acquisition, which follows BBG’s March 24 acquisition of Los Angeles-based appraisal firm Abergel & Associates, includes a combined 32 employees in…

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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, Los Angeles, Washington DC, Philadelphia, East Bay, Phoenix / Tucson, Toronto, Atlanta, Denver, Jacksonville, South Florida, Boston, Baltimore and Dallas / Ft…

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

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.

How Russia hacks you

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Read full story for latest details.

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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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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

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.

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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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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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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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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