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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.
This week’s People of Note includes the following markets: New York City, Chicago, Dallas, Raleigh-Durham, San Francisco, Los Angeles, Long Island, South Florida, Philadelphia, and St. Louis.
NEW YORK CITY
Sofiev-Leviev Tapped as CEO of AFI USA
By Justin Sumner
Real estate development company Africa Israel USA (AFI USA) has named Chagit Sofiev-Leviev as chief executive officer for the firm…
NEW YORK CITY
Sofiev-Leviev Tapped as CEO of AFI USA
By Justin Sumner
Real estate development company Africa Israel USA (AFI USA) has named Chagit Sofiev-Leviev as chief executive officer for the firm…
Continue Reading On costar.com/News »
A federal judge gave American Airlines and US Airways the quick court date they wanted in the government’s attempt to block their proposed merger.
Continue Reading On rss.cnn.com »
Commercial Real Estate Financing Information Here! + More News: India's economic growth slowest since 2009 + MORE 08/31/2013
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