{"id":2449,"date":"2016-11-08T18:59:48","date_gmt":"2016-11-08T18:59:48","guid":{"rendered":"http:\/\/commercial-financing-real-estate.com\/blog\/commercial-real-estate-financing-news-more-feds-offering-controlling-interest-in-500000-sf-international-trade-center-more-11082016\/"},"modified":"2016-11-08T18:59:48","modified_gmt":"2016-11-08T18:59:48","slug":"commercial-real-estate-financing-news-more-feds-offering-controlling-interest-in-500000-sf-international-trade-center-more-11082016","status":"publish","type":"post","link":"https:\/\/commercial-financing-real-estate.com\/blog\/commercial-real-estate-financing-news-more-feds-offering-controlling-interest-in-500000-sf-international-trade-center-more-11082016\/","title":{"rendered":"Commercial Real Estate Financing News + More: Feds Offering Controlling Interest in 500,000-SF International Trade Center + MORE 11\/08\/2016"},"content":{"rendered":"<div class=\"bb_header_text\"><img decoding=\"async\" src=\"http:\/\/www.commercial-financing-real-estate.com\/images\/office-building-financing.jpg\"><\/p>\n<h1><a href=\"http:\/\/www.commercial-financing-real-estate.com\">Health-Care Office Building Financing &#8211; More Info Here!<\/a><\/h1>\n<h2><b><big>Stated Income Loan Programs<\/big><\/b><\/h2>\n<p><\/p>\n<h2>Call BRT Financial @ 904-551-6090<\/h2>\n<p>\n<b>Tax Returns versus Stated Income!<\/b><\/p>\n<p>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.<\/p><\/div>\n<div class=\"bb-itemwrap\" style=\"margin-bottom:40px\">\n<div style=\"margin:5px 5px 5px 0\">\n<h2 class=\"bb_itemtitle\"><a href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_latest\/~3\/Mj94pc1I2EQ\/index.html\" title=\"U.S. markets hold their breath on Election Day\" rel=\"nofollow\" rev=\"rss.cnn.com\" target=\"_blank\">U.S. markets hold their breath on Election Day<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; rss.cnn.com<\/small><\/div>\n<div class=\"bb-post-content\">Wall Street, like the rest of America, is nervously waiting for the wild and crazy 2016 election season to finally come to a close.<\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_latest\/~3\/Mj94pc1I2EQ\/index.html\" target=\"_blank\" title=\"Continue reading on rss.cnn.com &#187;\" rel=\"nofollow\"><b>Continue Reading On rss.cnn.com \u00bb<\/b><\/a><\/div>\n<div class=\"bb-itemwrap\" style=\"margin-bottom:40px\">\n<div style=\"margin:5px 5px 5px 0\">\n<h2 class=\"bb_itemtitle\"><a href=\"http:\/\/www.costar.com\/News\/Article\/Hogan-Lovells-Signs-207000-SF-Office-Lease-in-Midtown-Manhattan\/186405?ref=\/News\/Article\/Hogan-Lovells-Signs-207000-SF-Office-Lease-in-Midtown-Manhattan\/186405&amp;src=rss\" title=\"Hogan Lovells Signs 207,000-SF Office Lease in Midtown Manhattan\" rel=\"nofollow\" rev=\"costar.com\/News\" target=\"_blank\">Hogan Lovells Signs 207,000-SF Office Lease in Midtown Manhattan<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; costar.com\/News<\/small><\/div>\n<div class=\"bb-post-content\">Hogan Lovells, a multi-national law firm, has signed a lease for 206,720 square feet at 390 Madison Ave. in New York City. <\/p>\n<p>The 32-story, 4-Star office building totals 862,154 square feet on 1.1 acres in the Grand Central submarket of Midtown Manhattan, between 46th and 47th Streets, and is currently undergoing re-massing and redevelopment&#8230;<\/p><\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/www.costar.com\/News\/Article\/Hogan-Lovells-Signs-207000-SF-Office-Lease-in-Midtown-Manhattan\/186405?ref=\/News\/Article\/Hogan-Lovells-Signs-207000-SF-Office-Lease-in-Midtown-Manhattan\/186405&amp;src=rss\" target=\"_blank\" title=\"Continue reading on costar.com\/News &#187;\" rel=\"nofollow\"><b>Continue Reading On costar.com\/News \u00bb<\/b><\/a><\/div>\n<div class=\"bb-itemwrap\" style=\"margin-bottom:40px\">\n<div style=\"margin:5px 5px 5px 0\">\n<h2 class=\"bb_itemtitle\"><a href=\"http:\/\/www.costar.com\/News\/Article\/Clarion-Divests-Greenwich-CT-Office-Park\/186411?ref=\/News\/Article\/Clarion-Divests-Greenwich-CT-Office-Park\/186411&amp;src=rss\" title=\"Clarion Divests Greenwich, CT Office Park\" rel=\"nofollow\" rev=\"costar.com\/News\" target=\"_blank\">Clarion Divests Greenwich, CT Office Park<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; costar.com\/News<\/small><\/div>\n<div class=\"bb-post-content\">Clarion Partners, on behalf of a separate account client managed by the firm, has sold the eight-building Greenwich Office Park in Greenwich, CT for $130 million, or about $344 per square foot, to Fareri Associates.<\/p>\n<p>Located at 1 &#8211; 9 Greenwich Office Park, the portfolio totals 377,939 square feet of recently-renovated, class A office space in the Greenwich submarket of Fairfield County, in close proximity to the Greenwich train station, I-95, and&#8230;<\/p><\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/www.costar.com\/News\/Article\/Clarion-Divests-Greenwich-CT-Office-Park\/186411?ref=\/News\/Article\/Clarion-Divests-Greenwich-CT-Office-Park\/186411&amp;src=rss\" target=\"_blank\" title=\"Continue reading on costar.com\/News &#187;\" rel=\"nofollow\"><b>Continue Reading On costar.com\/News \u00bb<\/b><\/a><\/div>\n<div class=\"bb-itemwrap\" style=\"margin-bottom:40px\">\n<div style=\"margin:5px 5px 5px 0\">\n<h2 class=\"bb_itemtitle\"><a href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_latest\/~3\/VrS6o3bbN8w\/index.html\" title=\"Soon, your Facebook photos could look like a Picasso\" rel=\"nofollow\" rev=\"rss.cnn.com\" target=\"_blank\">Soon, your Facebook photos could look like a Picasso<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; rss.cnn.com<\/small><\/div>\n<div class=\"bb-post-content\">It&#8217;s unlikely any of us will ever paint like Picasso, but it&#8217;s getting easier to at least mimic his style.<\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_latest\/~3\/VrS6o3bbN8w\/index.html\" target=\"_blank\" title=\"Continue reading on rss.cnn.com &#187;\" rel=\"nofollow\"><b>Continue Reading On rss.cnn.com \u00bb<\/b><\/a><\/div>\n<div class=\"bb-itemwrap\" style=\"margin-bottom:40px\">\n<div style=\"margin:5px 5px 5px 0\">\n<h2 class=\"bb_itemtitle\"><a href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_latest\/~3\/yuPqyeG41kc\/index.html\" title=\"Fallout from Trump&#039;s war on the media will linger after election\" rel=\"nofollow\" rev=\"rss.cnn.com\" target=\"_blank\">Fallout from Trump&#039;s war on the media will linger after election<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; rss.cnn.com<\/small><\/div>\n<div class=\"bb-post-content\">Donald Trump ended his campaign the same way he began: By lambasting the journalists who cover him.<\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_latest\/~3\/yuPqyeG41kc\/index.html\" target=\"_blank\" title=\"Continue reading on rss.cnn.com &#187;\" rel=\"nofollow\"><b>Continue Reading On rss.cnn.com \u00bb<\/b><\/a><\/div>\n<div class=\"bb-itemwrap\" style=\"margin-bottom:40px\">\n<div style=\"margin:5px 5px 5px 0\">\n<h2 class=\"bb_itemtitle\"><a href=\"http:\/\/www.costar.com\/News\/Article\/Feds-Offering-Controlling-Interest-in-500000-SF-International-Trade-Center\/186383?ref=\/News\/Article\/Feds-Offering-Controlling-Interest-in-500000-SF-International-Trade-Center\/186383&amp;src=rss\" title=\"Feds Offering Controlling Interest in 500,000-SF International Trade Center\" rel=\"nofollow\" rev=\"costar.com\/News\" target=\"_blank\">Feds Offering Controlling Interest in 500,000-SF International Trade Center<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; costar.com\/News<\/small><\/div>\n<div class=\"bb-post-content\">The U.S. General Services Administration (GSA) National Capital Region (NCR) has issued a Request for Proposals (RFP) for a private sector company to take a controlling leasehold interest and run the International Trade Center (ITC) portion of the Ronald Reagan Building.<\/p>\n<p>The RFP covers the 500,000-square-foot ITC space within the larger 4 million-square-foot Reagan Building at 1300 Pennsylvania Ave&#8230;<\/p><\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/www.costar.com\/News\/Article\/Feds-Offering-Controlling-Interest-in-500000-SF-International-Trade-Center\/186383?ref=\/News\/Article\/Feds-Offering-Controlling-Interest-in-500000-SF-International-Trade-Center\/186383&amp;src=rss\" target=\"_blank\" title=\"Continue reading on costar.com\/News &#187;\" rel=\"nofollow\"><b>Continue Reading On costar.com\/News \u00bb<\/b><\/a><\/div>\n<div class=\"bb_footer_text\"><img decoding=\"async\" src=\"http:\/\/www.commercial-financing-real-estate.com\/images\/back_header_big2.png\"><\/p>\n<h2>\nCall BRT Financial @904-551-6090<\/h2>\n<p><\/p>\n<h3><a href=\"http:\/\/www.commercial-financing-real-estate.com\">Commercial Building Financing<\/a><\/h3>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"bb_header_text\"><img decoding=\"async\" src=\"http:\/\/www.commercial-financing-real-estate.com\/images\/office-building-financing.jpg\"><\/p>\n<h1><a href=\"http:\/\/www.commercial-financing-real-estate.com\">Health-Care Office Building Financing &#8211; More Info Here!<\/a><\/h1>\n<h2><b><big>Stated Income Loan Programs<\/big><\/b><\/h2>\n<p><\/p>\n<h2>Call BRT Financial @ 904-551-6090<\/h2>\n<p>\n<b>Tax Returns versus Stated Income!<\/b><\/p>\n<p>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.<\/p><\/div>\n<p><\/p>\n<ul style=\"margin-top:10px;\">\n<li style=\"margin-left:20px; margin-bottom:10px;\"><a href=\"http:\/\/commercial-financing-real-estate.com\/blog\/commercial-real-estate-financing-news-more-feds-offering-controlling-interest-in-500000-sf-international-trade-center-more-11082016\/\" title=\"View Post\"><b><u>U.S. markets hold their breath on Election Day<\/u><\/b><\/a> &#8211; <i>rss.cnn.com<\/i><\/li>\n<li style=\"margin-left:20px; margin-bottom:10px;\"><a href=\"http:\/\/commercial-financing-real-estate.com\/blog\/commercial-real-estate-financing-news-more-feds-offering-controlling-interest-in-500000-sf-international-trade-center-more-11082016\/\" title=\"View Post\"><b><u>Hogan Lovells Signs 207,000-SF Office Lease in Midtown Manhattan<\/u><\/b><\/a> &#8211; <i>costar.com\/News<\/i><\/li>\n<li style=\"margin-left:20px; margin-bottom:10px;\"><a href=\"http:\/\/commercial-financing-real-estate.com\/blog\/commercial-real-estate-financing-news-more-feds-offering-controlling-interest-in-500000-sf-international-trade-center-more-11082016\/\" title=\"View Post\"><b><u>Clarion Divests Greenwich, CT Office Park<\/u><\/b><\/a> &#8211; <i>costar.com\/News<\/i><\/li>\n<li style=\"margin-left:20px; margin-bottom:10px;\"><a href=\"http:\/\/commercial-financing-real-estate.com\/blog\/commercial-real-estate-financing-news-more-feds-offering-controlling-interest-in-500000-sf-international-trade-center-more-11082016\/\" title=\"View Post\"><b><u>Soon, your Facebook photos could look like a Picasso<\/u><\/b><\/a> &#8211; <i>rss.cnn.com<\/i><\/li>\n<li style=\"margin-left:20px; margin-bottom:10px;\"><a href=\"http:\/\/commercial-financing-real-estate.com\/blog\/commercial-real-estate-financing-news-more-feds-offering-controlling-interest-in-500000-sf-international-trade-center-more-11082016\/\" title=\"View Post\"><b><u>Fallout from Trump&#039;s war on the media will linger after election<\/u><\/b><\/a> &#8211; <i>rss.cnn.com<\/i><\/li>\n<li style=\"margin-left:20px; margin-bottom:10px;\"><a href=\"http:\/\/commercial-financing-real-estate.com\/blog\/commercial-real-estate-financing-news-more-feds-offering-controlling-interest-in-500000-sf-international-trade-center-more-11082016\/\" title=\"View Post\"><b><u>Feds Offering Controlling Interest in 500,000-SF International Trade Center<\/u><\/b><\/a> &#8211; <i>costar.com\/News<\/i><\/li>\n<\/ul>\n<p><\/p>\n<div class=\"bb_footer_text\"><img decoding=\"async\" src=\"http:\/\/www.commercial-financing-real-estate.com\/images\/back_header_big2.png\"><\/p>\n<h2>\nCall BRT Financial @904-551-6090<\/h2>\n<p><\/p>\n<h3><a href=\"http:\/\/www.commercial-financing-real-estate.com\">Commercial Building Financing<\/a><\/h3>\n<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[10,27,21,24,18],"class_list":["post-2449","post","type-post","status-publish","format-standard","hentry","category-commercial-real-estate","tag-commercial-real-estate-financing","tag-costar-comnews","tag-no-income-check-commercial-real-estate-financing","tag-rss-cnn-com","tag-stated-income-financing"],"_links":{"self":[{"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/posts\/2449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/comments?post=2449"}],"version-history":[{"count":0,"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/posts\/2449\/revisions"}],"wp:attachment":[{"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/media?parent=2449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/categories?post=2449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/tags?post=2449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}