Saturday, August 10, 2013

Commercial Real Estate Financing Information Here! + More News: Report: Two Ex-JPMorgan employees to be arrested in London Whale; investigation + MORE 08/10/2013


Medical Building Loans For HealthCare 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.





This week’s People of Note includes the following markets: Phoenix, Southern California, Indianapolis, Chicago, New York City, Houston, San Francisco, Southwest Florida, and Pittsburgh.
PHOENIX

Velocity Appoints Coxon to COO

By Justin Sumner

Velocity Retail Group has appointed Greg Coxon to chief operating officer of the firm and its affiliated development company, Accelerated Development Services…


Continue Reading On costar.com/News »





Commercial Real Estate Financing Information Here! + More News: Report: Two ex-JPMorgan employees to be arrested in 'London Whale' investigation + MORE 08/10/2013

Friday, August 9, 2013

Commercial Real Estate Financing Information Here! + More News: Hundreds of Patch news websites could get axed + MORE 08/09/2013


Health-Care Office Building Financing – More Info Here!

Call BRT Financial @ 904-551-6090

Tax Returns versus Stated Income!
Most traditional banks will require several years of tax returns in order to qualify for a commercial real estate loan. The alternative is to use a Stated Income lender that does not verify personal income or assets. Many borrowers will simply not qualify for a commercial mortgage loan if tax returns are used due to high business expenses (and low net income). Many lenders using tax returns will also continue to verify income after the loan closes. Stated Income lenders will not engage in this practice.
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The bull must be on summer vacation. Stocks ended the week with losses.
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It’s been a rough year for investors in J.C. Penney.


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This week’s People of Note includes the following markets: Phoenix, Southern California, Indianapolis, Chicago, New York City, Houston, San Francisco, Southwest Florida, and Pittsburgh.
PHOENIX

Velocity Appoints Coxon to COO

By Justin Sumner

Velocity Retail Group has appointed Greg Coxon to chief operating officer of the firm and its affiliated development company, Accelerated Development Services…



Continue Reading On costar.com/News »




Read full story for latest details.


Continue Reading On rss.cnn.com »




Yahoo spent about a billion dollars on Tumblr, CEO Marissa Mayer’s biggest acquisition to date. As it turns out, 75% of that cost was for the social blogging site’s cachet with the young techy set.


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Commercial Real Estate Financing Information Here! + More News: Hundreds of Patch news websites could get axed + MORE 08/09/2013

Medical Office Building Financing Information Here! + More News: CoStar;s People of Note + MORE 08/09/2013


Commercial Real Estate Financing – Click Now!

Call BRT Financial @ 904-551-6090

Special Purpose Properties!

It is becoming increasingly difficult to get commercial loans for special purpose properties. Properties that do not fall in the categories of apartments or retail/office buildings are often placed in this special purpose classification. This means that business acquisition loans for commercial properties such as restaurants/bars and auto service businesses are frequently hard to find. Commercial financing will be even more difficult to locate for such specialized properties as churches, funeral homes, nursing homes and assisted living facilities.
Read full story for latest details.
Continue Reading On rss.cnn.com »
Yahoo spent about a billion dollars on Tumblr, CEO Marissa Mayer’s biggest acquisition to date. As it turns out, 75% of that cost was for the social blogging site’s cachet with the young techy set.
Continue Reading On rss.cnn.com »

This week’s People of Note includes the following markets: Phoenix, Southern California, Indianapolis, Chicago, New York City, Houston, San Francisco, Southwest Florida, and Pittsburgh.
PHOENIX

Velocity Appoints Coxon to COO

By Justin Sumner

Velocity Retail Group has appointed Greg Coxon to chief operating officer of the firm and its affiliated development company, Accelerated Development Services…



Continue Reading On costar.com/News »




The bull must be on summer vacation. Stocks ended the week with losses.


Continue Reading On rss.cnn.com »




It’s been a rough year for investors in J.C. Penney.


Continue Reading On rss.cnn.com »




Read full story for latest details.


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Medical Office Building Financing Information Here! + More News: CoStar's People of Note (Aug. 4 - 10) + MORE 08/09/2013

Commercial Medical Practice Real Estate Financing Information Here! + More News: China inflation steady as economy stumbles + MORE 08/09/2013


Medical Building Loans For HealthCare 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.
Read full story for latest details.
Continue Reading On rss.cnn.com »
Inflation remained subdued in China last month and well below the government’s official target, clearing the way for policymakers to pursue any new stimulus measures.
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How would you build an engine from scratch? Can you estimate the revenue from 2012 Olympic ticket sales? How many people are watching YouTube in a given hour?

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Talk about a lot of zeros.

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Commercial Real Estate Financing Information Here! + More News: China inflation steady as economy stumbles + MORE 08/09/2013

Thursday, August 8, 2013

Commercial Real Estate Financing Information Here! More News DealBook: Blackstone Is Expected to Sell Hilton in I.P.O. + MORE 08/08/2013


Medical Building Loans For HealthCare 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.
Read full story for latest details.
Continue Reading On rss.cnn.com »
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.    
Continue Reading On nytimes.com/services »




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It was once unthinkable, but taxpayers are getting close to seeing a profit on the $187 billion bailout of Fannie Mae and Freddie Mac.


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Commercial Real Estate Financing Information Here! More News DealBook: Blackstone Is Expected to Sell Hilton in I.P.O. + MORE 08/08/2013

Commercial Real Estate Financing Information Here! Tesla aces its first crash test + MORE 08/08/2013


Medical Building Loans For HealthCare Professionals!

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.




Stocks give up early gains


– rss.cnn.com


U.S. stocks gave up early gains Thursday as the summer doldrums set in.


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Read full story for latest details.


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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.    


Continue Reading On nytimes.com/services »




Apple vs. Samsung scorecard


– rss.cnn.com


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Commercial Real Estate Financing Information Here! Tesla aces its first crash test + MORE 08/08/2013

Groupon soars 27% as sales jump + MORE Commercial Real Estate Financing Information Here! 08/08/2013




Medical Office Building Financing!



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.




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.    


Continue Reading On nytimes.com/services »




Stocks give up early gains


– rss.cnn.com


U.S. stocks gave up early gains Thursday as the summer doldrums set in.


Continue Reading On rss.cnn.com »




Read full story for latest details.


Continue Reading On rss.cnn.com »




Apple vs. Samsung scorecard


– rss.cnn.com


Read full story for latest details.


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Read full story for latest details.


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Groupon soars 27% as sales jump + MORE Commercial Real Estate Financing Information Here! 08/08/2013