{"id":2934,"date":"2017-04-20T09:16:51","date_gmt":"2017-04-20T09:16:51","guid":{"rendered":"http:\/\/commercial-financing-real-estate.com\/blog\/commercial-real-estate-financing-news-more-caterpillar-to-relocate-global-headquarters-to-chicago-suburb-of-deerfield-more-04202017\/"},"modified":"2017-04-20T09:16:51","modified_gmt":"2017-04-20T09:16:51","slug":"commercial-real-estate-financing-news-more-caterpillar-to-relocate-global-headquarters-to-chicago-suburb-of-deerfield-more-04202017","status":"publish","type":"post","link":"https:\/\/commercial-financing-real-estate.com\/blog\/commercial-real-estate-financing-news-more-caterpillar-to-relocate-global-headquarters-to-chicago-suburb-of-deerfield-more-04202017\/","title":{"rendered":"Commercial Real Estate Financing News + More: Caterpillar to Relocate Global Headquarters to Chicago Suburb of Deerfield + MORE 04\/20\/2017"},"content":{"rendered":"<div class=\"bb_header_text\"><img decoding=\"async\" src=\"http:\/\/www.commercial-financing-real-estate.com\/images\/all-building-doctor2.png\"><\/p>\n<h1><a href=\"http:\/\/www.commercial-financing-real-estate.com\">Medical Office Building Financing &#8211; Click Here!<\/a><\/h1>\n<h2><b><big>Stated Income Loan Programs<\/big><\/b><\/h2>\n<h2>Call BRT Financial @ 904-551-6090<\/h2>\n<p>\n<b>Debt Service Coverage Ratio!<\/b><\/p>\n<p>\nThe 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.<br \/>\nIt is not unusual to encounter a minimum commercial real estate loan requirement of $500,000 to $1,000,000.<br \/>\nMany 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.<\/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\/Caterpillar-to-Relocate-Global-Headquarters-to-Chicago-Suburb-of-Deerfield\/190397?ref=\/News\/Article\/Caterpillar-to-Relocate-Global-Headquarters-to-Chicago-Suburb-of-Deerfield\/190397&amp;src=rss\" title=\"Caterpillar to Relocate Global Headquarters to Chicago Suburb of Deerfield\" rel=\"nofollow\" rev=\"costar.com\/News\" target=\"_blank\">Caterpillar to Relocate Global Headquarters to Chicago Suburb of Deerfield<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; costar.com\/News<\/small><\/div>\n<div class=\"bb-post-content\">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.<\/p>\n<p>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&#8217;Hare International Airport&#8230;<\/p><\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/www.costar.com\/News\/Article\/Caterpillar-to-Relocate-Global-Headquarters-to-Chicago-Suburb-of-Deerfield\/190397?ref=\/News\/Article\/Caterpillar-to-Relocate-Global-Headquarters-to-Chicago-Suburb-of-Deerfield\/190397&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\/_lxCOV7_fho\/index.html\" title=\"Beijing summons Apple over live-streaming apps\" rel=\"nofollow\" rev=\"rss.cnn.com\" target=\"_blank\">Beijing summons Apple over live-streaming apps<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; rss.cnn.com<\/small><\/div>\n<div class=\"bb-post-content\">Beijing&#8217;s internet regulators are turning up the heat on Apple.<\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_latest\/~3\/_lxCOV7_fho\/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\/oOzlMCTq440\/index.html\" title=\"Oil drops; Verizon reports; U.S. futures rise\" rel=\"nofollow\" rev=\"rss.cnn.com\" target=\"_blank\">Oil drops; Verizon reports; U.S. futures rise<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; rss.cnn.com<\/small><\/div>\n<div class=\"bb-post-content\">1. Oil trouble: It looks like major oil producers have something to worry about.<\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_latest\/~3\/oOzlMCTq440\/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\/HAKtotvSh88\/index.html\" title=\"Former O&#039;Reilly contributor: Complaints were ignored\" rel=\"nofollow\" rev=\"rss.cnn.com\" target=\"_blank\">Former O&#039;Reilly contributor: Complaints were ignored<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; rss.cnn.com<\/small><\/div>\n<div class=\"bb-post-content\">Hours after 21st Century Fox announced Bill O&#8217;Reilly&#8217;s ousting from Fox News, former contributor Kirsten Powers recalled complaining about the former anchor&#8217;s behavior. She said she was told, &#8220;You know Bill, there&#8217;s nothing we can do.&#8221;<\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_latest\/~3\/HAKtotvSh88\/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=\"https:\/\/www.wsj.com\/articles\/office-market-swings-in-tenants-favor-1492545216?mod=residential_real_estate\" title=\"Office Market Swings in Tenants&#039; Favor\" rel=\"nofollow\" rev=\"wsj.com\" target=\"_blank\">Office Market Swings in Tenants&#039; Favor<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; wsj.com<\/small><\/div>\n<div class=\"bb-post-content\">The seven-year expansion in the U.S. office market slowed in many big cities in the first quarter.<\/div>\n<p><a class=\"bb_readmore\" href=\"https:\/\/www.wsj.com\/articles\/office-market-swings-in-tenants-favor-1492545216?mod=residential_real_estate\" target=\"_blank\" title=\"Continue reading on wsj.com &#187;\" rel=\"nofollow\"><b>Continue Reading On wsj.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\/Fq1RWJ9APEQ\/index.html\" title=\"GM says Venezuela has seized its car plant\" rel=\"nofollow\" rev=\"rss.cnn.com\" target=\"_blank\">GM says Venezuela has seized its car plant<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; rss.cnn.com<\/small><\/div>\n<div class=\"bb-post-content\">Read full story for latest details.<\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_latest\/~3\/Fq1RWJ9APEQ\/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_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\">Health-Care Office 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\/all-building-doctor2.png\"><\/p>\n<h1><a href=\"http:\/\/www.commercial-financing-real-estate.com\">Medical Office Building Financing &#8211; Click Here!<\/a><\/h1>\n<h2><b><big>Stated Income Loan Programs<\/big><\/b><\/h2>\n<h2>Call BRT Financial @ 904-551-6090<\/h2>\n<p>\n<b>Debt Service Coverage Ratio!<\/b><\/p>\n<p>\nThe 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.<br \/>\nIt is not unusual to encounter a minimum commercial real estate loan requirement of $500,000 to $1,000,000.<br \/>\nMany 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.<\/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-caterpillar-to-relocate-global-headquarters-to-chicago-suburb-of-deerfield-more-04202017\/\" title=\"View Post\"><b><u>Caterpillar to Relocate Global Headquarters to Chicago Suburb of Deerfield<\/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-caterpillar-to-relocate-global-headquarters-to-chicago-suburb-of-deerfield-more-04202017\/\" title=\"View Post\"><b><u>Beijing summons Apple over live-streaming apps<\/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-caterpillar-to-relocate-global-headquarters-to-chicago-suburb-of-deerfield-more-04202017\/\" title=\"View Post\"><b><u>Oil drops; Verizon reports; U.S. futures rise<\/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-caterpillar-to-relocate-global-headquarters-to-chicago-suburb-of-deerfield-more-04202017\/\" title=\"View Post\"><b><u>Former O&#039;Reilly contributor: Complaints were ignored<\/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-caterpillar-to-relocate-global-headquarters-to-chicago-suburb-of-deerfield-more-04202017\/\" title=\"View Post\"><b><u>Office Market Swings in Tenants&#039; Favor<\/u><\/b><\/a> &#8211; <i>wsj.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-caterpillar-to-relocate-global-headquarters-to-chicago-suburb-of-deerfield-more-04202017\/\" title=\"View Post\"><b><u>GM says Venezuela has seized its car plant<\/u><\/b><\/a> &#8211; <i>rss.cnn.com<\/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\">Health-Care Office 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":[10,27,21,24,18,25],"class_list":["post-2934","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","tag-wsj-com"],"_links":{"self":[{"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/posts\/2934","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=2934"}],"version-history":[{"count":0,"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/posts\/2934\/revisions"}],"wp:attachment":[{"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/media?parent=2934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/categories?post=2934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/tags?post=2934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}