Thursday, August 8, 2013

Stocks give up early gains + MORE Commercial Real Estate Financing Information Here! 08/08/2013

Call BRT Financial @ 904-551-6090


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.
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DealBook: Blackstone Is Expected to Sell Hilton in I.P.O.Hilton Worldwide, the hotel giant that the Blackstone Group bought in 2007 for $26 billion, has begun preparations for an initial public offering, people briefed on the matter said Wednesday.
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U.S. stocks gave up early gains Thursday as the summer doldrums set in.
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Stocks give up early gains + MORE Commercial Real Estate Financing Information Here! 08/08/2013

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