{"id":3693,"date":"2017-09-15T16:11:13","date_gmt":"2017-09-15T16:11:13","guid":{"rendered":"http:\/\/commercial-financing-real-estate.com\/2017\/09\/15\/nation-wide-commercial-real-estate-financing-news-904-551-6090-more-updated-kbs-looking-to-cash-out-some-post-recession-purchases-more-09152017\/"},"modified":"2017-09-15T16:11:13","modified_gmt":"2017-09-15T16:11:13","slug":"nation-wide-commercial-real-estate-financing-news-904-551-6090-more-updated-kbs-looking-to-cash-out-some-post-recession-purchases-more-09152017","status":"publish","type":"post","link":"https:\/\/commercial-financing-real-estate.com\/blog\/nation-wide-commercial-real-estate-financing-news-904-551-6090-more-updated-kbs-looking-to-cash-out-some-post-recession-purchases-more-09152017\/","title":{"rendered":"Nation-Wide Commercial Real Estate Financing News &#8211; 904-551-6090 + More: UPDATED: KBS Looking To Cash Out Some Post-Recession Purchases + MORE 09\/15\/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 Building Loans For HealthCare Professionals- Click 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>Sourcing And Seasoning Assets. Seasoning of Ownership!<\/b><\/p>\n<p>\nThis 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.\n<\/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\/YWht8Z2AK94\/index.html\" title=\"ESPN in the crosshairs\" rel=\"nofollow\" rev=\"rss.cnn.com\" target=\"_blank\">ESPN in the crosshairs<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; rss.cnn.com<\/small><\/div>\n<div class=\"bb-post-content\">At ESPN it is officially time to cue up Martha and the Vandellas: &#8220;Nowhere to run to, baby; nowhere to hide.&#8221;<\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_latest\/~3\/YWht8Z2AK94\/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\/UPDATED-KBS-Looking-To-Cash-Out-Some-Post-Recession-Purchases\/194114?ref=\/News\/Article\/UPDATED-KBS-Looking-To-Cash-Out-Some-Post-Recession-Purchases\/194114&amp;src=rss\" title=\"UPDATED: KBS Looking To Cash Out Some Post-Recession Purchases\" rel=\"nofollow\" rev=\"costar.com\/News\" target=\"_blank\">UPDATED: KBS Looking To Cash Out Some Post-Recession Purchases<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; costar.com\/News<\/small><\/div>\n<div class=\"bb-post-content\">KBS Legacy Partners Apartment REIT has decided it\u2019s 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.<\/p>\n<p>Funds affiliated with Houston-based Elite Street Capital agreed to pay $218&#8230;<\/p><\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/www.costar.com\/News\/Article\/UPDATED-KBS-Looking-To-Cash-Out-Some-Post-Recession-Purchases\/194114?ref=\/News\/Article\/UPDATED-KBS-Looking-To-Cash-Out-Some-Post-Recession-Purchases\/194114&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\/JLL-Wins-Assignment-to-Find-Electric-Vehicle-Charging-Sites-in-$2-Billion-Volkswagen-Investment\/194166?ref=\/News\/Article\/JLL-Wins-Assignment-to-Find-Electric-Vehicle-Charging-Sites-in-$2-Billion-Volkswagen-Investment\/194166&amp;src=rss\" title=\"JLL Wins Assignment to Find Electric Vehicle Charging Sites in $2 Billion Volkswagen Investment\" rel=\"nofollow\" rev=\"costar.com\/News\" target=\"_blank\">JLL Wins Assignment to Find Electric Vehicle Charging Sites in $2 Billion Volkswagen Investment<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; costar.com\/News<\/small><\/div>\n<div class=\"bb-post-content\">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&#8230;<\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/www.costar.com\/News\/Article\/JLL-Wins-Assignment-to-Find-Electric-Vehicle-Charging-Sites-in-$2-Billion-Volkswagen-Investment\/194166?ref=\/News\/Article\/JLL-Wins-Assignment-to-Find-Electric-Vehicle-Charging-Sites-in-$2-Billion-Volkswagen-Investment\/194166&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\/sboaAPi9C2E\/index.html\" title=\"Will Equifax be held accountable?\" rel=\"nofollow\" rev=\"rss.cnn.com\" target=\"_blank\">Will Equifax be held accountable?<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; rss.cnn.com<\/small><\/div>\n<div class=\"bb-post-content\">Americans are outraged about the Equifax data breach that exposed the personal and financial data of 143 million people.<\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_latest\/~3\/sboaAPi9C2E\/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\/nycs-pearl-river-mart-will-expand-to-chelsea-market-1505247390?mod=residential_real_estate\" title=\"NYC&#039;s Pearl River Mart Will Expand to Chelsea Market\" rel=\"nofollow\" rev=\"wsj.com\" target=\"_blank\">NYC&#039;s Pearl River Mart Will Expand to Chelsea Market<\/a><\/h2>\n<p><small style=\"font-size:11px;font-style:italic\"> &#8211; wsj.com<\/small><\/div>\n<div class=\"bb-post-content\">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.<\/div>\n<p><a class=\"bb_readmore\" href=\"https:\/\/www.wsj.com\/articles\/nycs-pearl-river-mart-will-expand-to-chelsea-market-1505247390?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\/Wuo_2sAVv-w\/index.html\" title=\"No worries on Wall Street. Dow hits new high\" rel=\"nofollow\" rev=\"rss.cnn.com\" target=\"_blank\">No worries on Wall Street. Dow hits new high<\/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 continues to close its eyes, hold its nose and ignore the many risks facing the stock market and economy.<\/div>\n<p><a class=\"bb_readmore\" href=\"http:\/\/rss.cnn.com\/~r\/rss\/money_latest\/~3\/Wuo_2sAVv-w\/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\">Medical Practice 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 Building Loans For HealthCare Professionals- Click 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>Sourcing And Seasoning Assets. Seasoning of Ownership!<\/b><\/p>\n<p>\nThis 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.\n<\/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\/2017\/09\/15\/nation-wide-commercial-real-estate-financing-news-904-551-6090-more-updated-kbs-looking-to-cash-out-some-post-recession-purchases-more-09152017\/\" title=\"View Post\"><b><u>ESPN in the crosshairs<\/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\/2017\/09\/15\/nation-wide-commercial-real-estate-financing-news-904-551-6090-more-updated-kbs-looking-to-cash-out-some-post-recession-purchases-more-09152017\/\" title=\"View Post\"><b><u>UPDATED: KBS Looking To Cash Out Some Post-Recession Purchases<\/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\/2017\/09\/15\/nation-wide-commercial-real-estate-financing-news-904-551-6090-more-updated-kbs-looking-to-cash-out-some-post-recession-purchases-more-09152017\/\" title=\"View Post\"><b><u>JLL Wins Assignment to Find Electric Vehicle Charging Sites in $2 Billion Volkswagen Investment<\/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\/2017\/09\/15\/nation-wide-commercial-real-estate-financing-news-904-551-6090-more-updated-kbs-looking-to-cash-out-some-post-recession-purchases-more-09152017\/\" title=\"View Post\"><b><u>Will Equifax be held accountable?<\/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\/2017\/09\/15\/nation-wide-commercial-real-estate-financing-news-904-551-6090-more-updated-kbs-looking-to-cash-out-some-post-recession-purchases-more-09152017\/\" title=\"View Post\"><b><u>NYC&#039;s Pearl River Mart Will Expand to Chelsea Market<\/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\/2017\/09\/15\/nation-wide-commercial-real-estate-financing-news-904-551-6090-more-updated-kbs-looking-to-cash-out-some-post-recession-purchases-more-09152017\/\" title=\"View Post\"><b><u>No worries on Wall Street. Dow hits new high<\/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\">Medical Practice Building Financing<\/a><\/h3>\n<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[10,27,21,24,18,25],"class_list":["post-3693","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\/3693","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=3693"}],"version-history":[{"count":0,"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/posts\/3693\/revisions"}],"wp:attachment":[{"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/media?parent=3693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/categories?post=3693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/commercial-financing-real-estate.com\/blog\/wp-json\/wp\/v2\/tags?post=3693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}