Nation-Wide Commercial Real Estate Financing News – 904-551-6090 + More: Value of Trump's Golf Clubs Lags Behind Investment Surge + MORE 08/17/2018

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.

Target Corp. has signed a lease to open a 22,500 square-foot store at the 1.9 million-square-foot development stretching across several Manhattan blocks called Essex Crossing.

Continue Reading On wsj.com »

President Donald Trump’s golf courses are in the spotlight, but the value of the properties hasn’t kept pace with the amount of money he has invested to make upgrades.

Continue Reading On wsj.com »

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.

Continue Reading On wsj.com »

Tesla’s stock tumbled after CEO Elon Musk said he’s working himself to the bone and relies on Ambien to sleep.

Continue Reading On rss.cnn.com »

Amazon has already tried to reinvent brick-and-mortar grocery stores and book sellers. Is the movie theater next?

Continue Reading On rss.cnn.com »

Apple Inc.’s new headquarters in Silicon Valley is the most lavish in a spate of glitzy new architectural projects by tech titans at a time when their businesses are booming and market valuations are soaring.

Continue Reading On wsj.com »

Nation-Wide Commercial Real Estate Financing News – 904-551-6090 + More: Sportswear-Maker Puma to Open New York Flagship + MORE 06/08/2018

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.

Germany’s Puma has signed a lease deal to creating a marquee location on Fifth Avenue that will be the first of its kind for the company in North America.

Continue Reading On wsj.com »

Bechtel’s primary office in Reston, VA.

Global engineering and construction firm Bechtel announced plans to relocate its global headquarters from San Francisco to an expanded presence in Reston, Virginia, where the operational headquarters for its nuclear, security and environmental division is based…

Continue Reading On costar.com/News »

It’s been about a week since Texas icon and entertainer Billy Bob Barnett closed Big Beat Dallas, a handful of bars and restaurants located within the brand new Toyota Music Factory entertainment district in Irving, TX, but the allegations behind the closure have just begun.

In a lawsuit filed Wednesday, a newly formed group of taxpaying residents in Irving, named Irving Taxpayers Matter, has filed a petition to a Dallas County court in hopes of…

Continue Reading On costar.com/News »

When Chinese regulators seized control of Anbang Insurance, they took ownership of more than a dozen luxury U.S. hotels. Now, as the government looks to sell, it faces a problem: The buildings likely are worth less than what Anbang paid only a couple of years ago.

Continue Reading On wsj.com »

Long known as a dormant corner in downtown Los Angeles, Sunset Boulevard may soon transform with a large mixed-use development by Palisades Capital Partners LLC at 1111 Sunset Blvd.

The 1111 Sunset Boulevard development has been in the planning stages for two years. When completed, it would offer 778 apartments and condominiums in two residential towers, a 98-room hotel and street-level retail, including 75,000 square feet of grocery-anchored…

Continue Reading On costar.com/News »

Nation-Wide Commercial Real Estate Financing News – 904-551-6090 + More: UPDATED: KBS Looking To Cash Out Some Post-Recession Purchases + MORE 09/15/2017

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.

ESPN in the crosshairs

– rss.cnn.com

At ESPN it is officially time to cue up Martha and the Vandellas: “Nowhere to run to, baby; nowhere to hide.”

Continue Reading On rss.cnn.com »

KBS Legacy Partners Apartment REIT has decided it’s time to cash out and sell the remaining multifamily properties it purchased through early 2014. The California-based non-traded REIT has already cut separate agreements to sell four of them and is seeking approval of the sale from stockholders.

Funds affiliated with Houston-based Elite Street Capital agreed to pay $218…

Continue Reading On costar.com/News »

For years, CRE brokers have predicted that electric vehicle (EV) charging stations will become standard amenities at office buildings, shopping centers, hotels, service stations and even restaurants. Volkswagen subsidiary Electrify America just handed JLL an assignment to identify EV charging station sites in 17 metros, nearly half of them in California, in an investment that will significantly add to the more than 16,000 charging stations already…

Continue Reading On costar.com/News »

Americans are outraged about the Equifax data breach that exposed the personal and financial data of 143 million people.

Continue Reading On rss.cnn.com »

Pearl River Mart, once a casualty of skyrocketing retail rents, is planning to open another 3,500 square-foot store at Chelsea Market in Manhattan.

Continue Reading On wsj.com »

Wall Street continues to close its eyes, hold its nose and ignore the many risks facing the stock market and economy.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: China reportedly detains chief of insurer that held talks with Kushner firm + MORE 06/14/2017

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.

Pay attention home buyers, car drivers and credit card debtors: The Federal Reserve could raise rates on Wednesday.

Continue Reading On rss.cnn.com »

Uber is having a tough time getting a fresh start.

Continue Reading On rss.cnn.com »

Australia’s rapid embrace of rooftop panels—now installed on one in four homes in some areas—has collided with another hot spot of investment, construction of apartments and homes.

Continue Reading On wsj.com »

Retailers, food and beverage operators and department store chains looking to renew their leases have been asking for more allowances from mall owners.

Continue Reading On wsj.com »

Almost 200 Democratic members of Congress plan to sue President Trump on Wednesday, alleging that he is violating the Constitution by accepting foreign money through his business empire.

Continue Reading On rss.cnn.com »

The head of a deal-hungry Chinese insurer that recently held talks with the Kushner family over a New York office tower is reported to have been detained by Chinese authorities.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: Alphabet's Jigsaw sets its sights on countering fake news + MORE 06/08/2017

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.

New York’s highest court on Tuesday blocked the development of a billion-dollar shopping mall on a Citi Field parking lot in Queens, affirming a ruling that the project needs legislative approval to proceed.

Continue Reading On wsj.com »

For millions of teenagers, it’s a big source of stress. For many businesses, it’s a great chance to make money.

Continue Reading On rss.cnn.com »

President Trump has roughly 1,100 top-tier positions to fill across his administration.

Continue Reading On rss.cnn.com »

Have you bought Honest Company detergent? You may be able to get some cash back.

Continue Reading On rss.cnn.com »

A New Jersey woman is suing Chipotle for allegedly cheating her out of thousands of dollars of overtime pay she says she deserves.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: McCourt Global Puts Money Into Modular Construction + MORE 06/05/2017

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.

Megyn Kelly was arguably the highest-profile media figure of the 2016 campaign, thanks to her exchanges with Donald Trump. Yet as Trump was sworn in as president, the former Fox News anchor stayed sidelined, waiting to start her new assignment at NBC News.

Continue Reading On rss.cnn.com »

A joint venture that revamped a bland New Jersey office campus into a modern complex with an amenity building, a bike-share service and walking trails has sold the property to Barclays PLC.

Continue Reading On wsj.com »

A trove of Chinese trademark applications filed by Ivanka Trump’s namesake business is focusing attention once again on the ethical complications presented by the Trump family’s business ties.

Continue Reading On rss.cnn.com »

Food trucks and fitness centers are among the amenities that New Jersey office landlords have been using to attract tenants.The latest perk: Subsidies for digital ride-hailing services such as Uber and Lyft.

Continue Reading On wsj.com »

One of New York City’s most prominent investors is betting on modular construction. McCourt Global led a group of investors in a $6 million round of funding for Brooklyn company FullStack Modular LLC.

Continue Reading On wsj.com »

Commercial Real Estate Financing News + More: NYT subscribers dropping paper over climate column + MORE 05/01/2017

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.

Asking rents in many of New York City’s priciest shopping corridors declined in the first quarter of 2017.

Continue Reading On wsj.com »

1. U.S. government shutdown averted: Lawmakers reached an agreement on a key spending bill late Sunday, avoiding the possibility of a government shutdown.

Continue Reading On rss.cnn.com »

Elon Musk’s SpaceX has pushed back its launch of a mysterious satellite for the U.S. intelligence community because of a sensor issue.

Continue Reading On rss.cnn.com »

21st Century Fox and the private equity firm Blackstone are in talks to launch a bid for Tribune Media, one of the nation’s largest television broadcasting companies, a source with knowledge of the matter said Sunday.

Continue Reading On rss.cnn.com »

After President Trump set off a furor over who should pay for a U.S. missile defense system that’s being installed in South Korea, his national security chief said Washington will pick up the check. For the time being, at least.

Continue Reading On rss.cnn.com »

A new columnist at The New York Times and his views on climate change have prompted some readers to cancel their subscriptions in protest.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: Square Feet: ‘A Different Los Angeles’: The City Moves to Alter Its Sprawling Image + MORE 04/24/2017

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.

1. French election rally: The euro surged 1.2% against the dollar on Monday after pro-European reformer Emmanuel Macron emerged as the front runner to become the next French president.

Continue Reading On rss.cnn.com »

It’s the ultimate Jimmy Choo sale.

Continue Reading On rss.cnn.com »

Global retail landlord Gazit-Globe is planning to open a private U.S. subsidiary to invest in real estate in New York and other major metropolitan areas, the company said.

Continue Reading On wsj.com »

Even top tech executives think they could be replaced by robots one day.

Continue Reading On rss.cnn.com »

The fight over Obamacare’s future is now threatening to shut down the federal government.

Continue Reading On rss.cnn.com »

After voters defeated a measure that would have curtailed construction, the city’s future looks much denser.

Continue Reading On nytimes.com/services »

Commercial Real Estate Financing News + More: Caterpillar to Relocate Global Headquarters to Chicago Suburb of Deerfield + MORE 04/20/2017

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.

Heavy equipment manufacturer Caterpillar Inc. (NYSE: CAT) announced Wednesday it will relocate its global headquarters to the northern Chicago suburb of Deerfield after more than 90 years of being based in Peoria, IL.

Caterpillar Chief Executive Officer Jim Umpleby said that after a thorough site selection process, the company picked Deerfield, located about 25 miles north of downtown Chicago, because of its proximity to O’Hare International Airport…

Continue Reading On costar.com/News »

Beijing’s internet regulators are turning up the heat on Apple.

Continue Reading On rss.cnn.com »

1. Oil trouble: It looks like major oil producers have something to worry about.

Continue Reading On rss.cnn.com »

Hours after 21st Century Fox announced Bill O’Reilly’s ousting from Fox News, former contributor Kirsten Powers recalled complaining about the former anchor’s behavior. She said she was told, “You know Bill, there’s nothing we can do.”

Continue Reading On rss.cnn.com »

The seven-year expansion in the U.S. office market slowed in many big cities in the first quarter.

Continue Reading On wsj.com »

Read full story for latest details.

Continue Reading On rss.cnn.com »

Commercial Real Estate Financing News + More: His job in jeopardy, Bill O'Reilly's team fights back + MORE 04/19/2017

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.

It’s pink, blue and available at a Starbucks near you.

Continue Reading On rss.cnn.com »

Malaysia Airlines wants to keep a closer eye on its planes.

Continue Reading On rss.cnn.com »

1. Even more earnings: Morgan Stanley and BlackRock will report their latest results on Wednesday.

Continue Reading On rss.cnn.com »

With his future at Fox News looking more precarious than ever, Bill O’Reilly is fighting back.

Continue Reading On rss.cnn.com »

Internet retailing is eating into mall revenue, but competition from newer shopping centers was the most common cause of death for malls over the past decade, according to a recent study.

Continue Reading On wsj.com »

A sweeping House GOP bill would give the president new powers that could limit the independence of certain regulatory agencies.

Continue Reading On rss.cnn.com »