Thursday, September 24, 2020

Commercial Real Estate - The Importance Of Location

NO DOWN PAYMENT – 100% FINANCING For Commercial Building Financing


Real Estate Building Loans For Business Owners!

Custom Financing Solutions With Unmatched Personal Service For Commercial Building Mortgage Financing.

BRT has been successful in funding No Down Payment-100% Financing deals that have been turned down by other lending institutions, BRT turns dead deals into funded deals!

Thursday, August 22, 2019

NO DOWN PAYMENT - 100% FINANCING For Commercial Building Financing

Real Estate Building Loans For Business Owners!

Custom Financing Solutions With Unmatched Personal Service For Commercial Building Mortgage Financing. BRT has been successful in funding No Down Payment-100% Financing deals that have been turned down by other lending institutions, BRT turns dead deals into funded deals!

 Multi Family  -  Apartment Complex - Mixed Use Property - Office Building Retail Center - Hotels-Motel - Warehouse - Self Storage  - Assisted Living

Office Building Financing: More Details Modern office buildings containing a minimum of 10,000 square feet of net rentable area space and adequate available parking in suitably zoned commercial locations. Strong preference for properties located within planned industrial parks or in cities where the office occupancies are high.

Muti Family Apartment Financing:    More Details NationWide program is available in major markets, secondary cities and towns in U.S. locations. Existing apartments are in good condition, although older properties will be considered. The loan may exceed 80% of value or the amount that produces a minimum debt service coverage ratio of 120%.

Mixed Use Building Financing:   More Details Mixed-use property typically contains a combination of commercial (most often retail) space as well as residential units. Although mixed-use properties are appealing to property owners because of the commercial income that they generate.

Retail Center Financing:   More Details Retail and community shopping centers. Anchored, unanchored, outlet centers and single tenant buildings will be considered. Facilities should have been completed and in operation for at least 12 months. The LTV ratio may exceed 80% and debt service coverage ratio is 1.2.

Hotel Property Financing:   More Detail Hotel and motel properties including both franchised and independent facilities. For underwriting purposes the maximum occupancy will be the lesser of prior year actual or 75%. Properties with less than 60% occupancy are generally ineligible for conventional financing.

Warehouse Financing:  More Detais Properties located within planned industrial parks in cities where industrial market is strong and occupancies are high. Preference for high-ceiling warehouse and distribution buildings or service center space. Buildings are required to possess all functional requirements of accessibility, parking, loading, and utilities.

Self Storage Financing:   More Detail Eligible properties include single and multi-tenant properties including warehouses used for storage, as well as self-storage facilities. Getting a storage loan for your property is possible provided it meets some basic conditions.

Assisted Living Financing:  More Detail Commercial loans for assisted living centers were both the property and business serve as collateral for the commercial mortgage. Loans are available for owner operator centers with strong current and historical financials.

Find Financing For Your Building In The United States!

NationWide Commercial Building Financing!

NationWide Commercial Real Estate Loans

Friday, May 24, 2019

Nation-Wide Commercial Real Estate 100% Financing - 904-551-6090 + More News: UPDATED NEW Lending Program!


Medical Building Loans For Business Owners and HealthCare Professionals- Click Here!


100% Financing For Commercial Real Estate Purchases!

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.

ESPN in the crosshairs

At ESPN it is officially time to cue up Martha and the Vandellas: "Nowhere to run to, baby; nowhere to hide."
Continue Reading On »
KBS Legacy Partners Apartment REIT has decided it’s 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. Funds affiliated with Houston-based Elite Street Capital agreed to pay $218...
Continue Reading On »
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...
Continue Reading On »
Americans are outraged about the Equifax data breach that exposed the personal and financial data of 143 million people.
Continue Reading On »
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.
Continue Reading On »
Wall Street continues to close its eyes, hold its nose and ignore the many risks facing the stock market and economy.
Continue Reading On »

Sunday, May 19, 2019

5 Questions Every Property Owner Should Ask This Tax Season

The last 13 months have been far from ordinary for commercial property owners. Following the passage and implementation of the Tax Cuts and Jobs Act, record property values began to cool in many markets, raising interest rates and a volatile regulatory environment. With the March 15 deadlines for tax returns for partnerships and S Corporations coming up, to be soon followed by the April 15 deadlines for C Corporations and individual income tax, property owners should be sure to evaluate the following considerations with tax advisors before submitting returns.
  1. Extension or no extension?

There are a wide range of scenarios that make filing an extension to push your return deadline to the fall a wise decision for many property owners. With 2018 the first full tax year subject to the reforms specified by the Tax Cuts and Jobs Act, most tax practitioners will advise clients to not rush things and take the extension to allow more time to analyze changes to the tax code. In the last year, IRS has confirmed several errors within the reforms that may be amended, including the recovery period and allowance for bonus depreciation on Qualified Improvement Property. IRS has also noted that additional guidelines will be released for aspects of the legislation, such as the Economic Opportunity Zones program and attribution rules related to the gross receipts test for Business Interest Limitation. With updates expected in the next few months—which can possibly be applied retroactively, as well as the slowing of the finalization of some 2018 forms by the federal government shutdown, extending the filing deadline will give  property owners and their advisers more time to understand complexities of the updated tax.

Marc Wieder (left) and Robert Gilman of Anchin, Block & Anchin.

2. Are you subject to business interest limitations?

Before the Tax Cuts and Jobs Act, interest paid or accrued by a business was generally fully deductable. Under the new law, property owners or entities such as S corporations, partnerships and LLCs with average annual gross receipts of $25 million or more (attribution rules apply) cannot deduct interest expense in excess of 30 percent. Entities and individuals that own real estate can elect to use a slower depreciation method for real property and deduct 100 percent of their interest expense. However, this election could limit the amount of bonus depreciation the taxpayer may be eligible for in the future. Depending on the owner’s long-term plans for properties and partnership agreements, careful planning should be done before electing to take this deduction, since this election is permanent.

3. Should you take bonus depreciation for an improvement property?

Under the Tax Cuts and Jobs Act, bonus depreciation doubled to 100 percent. In addition, “used” property—that is, property placed in service by a previous owner—qualifies for bonus depreciation. This makes a cost segregation study even more valuable than before. Assuming IRS amends the law relating to bonus depreciation for qualified improvement property, as has been indicated, an owner that made interior improvements in buildings that are nonresidential real property after Sept. 27, 2017 may expense 100 percent for the property’s improvement under bonus depreciation—up from 50% under previous tax law. Qualified Improvements would be depreciable over 15 years using half-year conventions; no longer need to be subject to a lease; and the property no longer has to have been placed in service for three years. An important consideration property owners should take before claiming bonus depreciation is analyzing if it will result in an excess loss.  

4. Will you be impacted by the new excess loss limitation?

Under the Tax Cuts and Jobs Act, a new limitation applies to deductions for excess business losses incurred by non-corporate taxpayers. This limitation heavily impacts real estate businesses and has been met with near universal shock by owners when tax practitioners explain the effects of this aspect of the new tax law. Excess losses, which account for losses of over $250,000 for individual taxpayers and $500,000 if filed jointly with a spouse, now carry forward to later tax years and must be deducted under net operating loss rules.  This new limitation was meant to be a simplification for taxpayers. Instead it has made things much more complicated and greatly increased what will be subjected as taxable income for many owners. To address the negative impacts of this limitation, corporations with owners’ salaries and with flexibility around salaries may seek to reduce compensation to lower losses. 

5. Have you claimed Section 179 and qualified business income deductions?

The Section 179 and qualified business income deductions have proven to be two of the most advantageous aspects of the Tax Cuts and Jobs Act for property owners. Beginning in 2018, the amount a business may claim as an immediate deduction under Section 179 increased from $500,000 to $1 million. The limit on property eligible for the Section 179 deduction is increased to $2.5 million. The new tax law also expanded the definition of Section 179 property to include roofs, HVAC property, fire protection and alarm systems and security systems, if these improvements are made to the nonresidential real property. In states that do not allow bonus depreciation, property owners should consider taking section 179 in lieu of bonus depreciation.  Additionally, the new deduction based on a non-corporate owner’s qualified business income is available to individuals, estates and trusts that own interests in pass-through business entities. The deduction can reach as much as 20 percent of QBI, subject to various calculations and limits. Final regulations and additional guidance on what qualifies as QBI is expected to be released by the IRS in early 2019. Owners should quickly review and analyze these updates with their tax practitioners once the updates become available. While there are more than two dozen variable calculations that can be made in order to maximize the benefits or lessen the burden of the Tax Cuts and Jobs Act, it is important to remember tax strategy is a fluid process. Property owners need to carefully consider deciding whether to pursue an extension. Owners and their tax practitioners should consistently monitor for subsequent clarifications and legislative changes regarding tax law, as well as observing how others in the industry are reacting to recent reforms. Robert Gilman and Marc Wieder are partners and co-leaders of the Real Estate Group at Anchin, Block & Anchin, LLP.

Thursday, May 16, 2019

There Are Huge Acquisitions;: One Firm Is Behind A 14,000-Unit East Coast Selling Spree

A Dallas-based private equity firm has sold $3B worth of suburban multifamily properties along the East Coast this year, unloading thousands of apartments and creating opportunities for hungry buyers.

President Trump Could Make It Much Easier For Home Buyers To Shop For The Lowest-Priced Mortgage

President Trump could make it easier for home buyers to shop for a mortgage by ordering the Consumer Financial Protection Bureau to rule that home appraisals paid for by borrowers were the property of borrowers rather than the lenders who order them.

Dental Medical Practice Building Loan + Read News Here - NASHVILLE, TENN. — $71.9 million sale of Philips Plaza, a 435,535-square-foot, 24-floor office building in downtown Nashville.

NASHVILLE, TENN. — Cushman & Wakefield has arranged the $71.9 million sale of Philips Plaza, a 435,535-square-foot, 24-floor office building in downtown Nashville. The building, which was purchased by Wheelock Street Capital, is situated at 414 Union St. and was 97 percent leased to 26 tenants at the time of the sale. Since 2015, the […]