Wednesday, August 14, 2013

Commercial Medical Real Estate Financing Information Here! + More News: CoStar Repeat-Sale Index Shows Midyear Surge in CRE Pricing + MORE 08/15/2013

Medical Building Loans For Health-Care Professionals- Click Here!

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.
Pricing for “average” commercial properties outperformed institutional-grade assets while price gains in secondary U.S. markets eclipsed the top markets as buyers of commercial real estate increasingly expanded investment activity outside the handful of prime markets and core properties during the second quarter, according to the midyear CoStar Commercial Repeat Sale Indices (CCRSI) release…

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American Realty Capital (ARC) sponsored REITs capped an especially busy week by announcing more than $2.5 billion in commercial real estate acquisitions and a pipeline of another $1.1 billion in deals expected to close this year.
The source for the bulk of properties involved in the deals is a major portfolio restructuring underway by Chicago-based REIT, Inland American Real Estate Trust, which is the seller of $2…

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Cisco to cut 4,000 jobs


Read full story for latest details.

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Even as new accounting rules propose to bring property and equipment leases onto company balance sheets, the new rules will leave certain other financial obligations, namely service contracts and leases with terms of 12 months or less, as off-balance sheet items, according to a report from Fitch Ratings…

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An emerging crop of retail-property owners are responding to the same demographic reality that has rocked the political landscape: the rise of Hispanics.

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Commercial Real Estate Financing Information Here! + More News: CoStar Repeat-Sale Index Shows Midyear Surge in CRE Pricing + MORE 08/15/2013

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