Thursday, August 22, 2013

Physician Commercial Real Estate Financing Information Here! + More News: Selling your old iPhone? Do it now + MORE 08/22/2013


Medical Office Building Financing – Click Here!

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.
That old iPhone sitting in the bottom of your sock drawer could be worth $300 — but only if you act now.

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Many same-sex couples have been stranded in different countries by the federal Defense of Marriage Act. With the demise of DOMA, that is changing fast.

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Prime Lot, Empty for Years (Yes, This Is Manhattan)The dormancy of a 6.4-acre parcel in Midtown Manhattan overlooking the East River is an enigmatic and confusing tale of ambition, infighting, personality conflicts and bad timing.    

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It looks like the recent losing streak in stocks may finally be broken Thursday.

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Commercial Real Estate Financing Information Here! + More News: Selling your old iPhone? Do it now + MORE 08/22/2013

Wednesday, August 21, 2013

Doctor Commercial Real Estate Financing Information Here! + More News: Prime Lot, Empty for Years (Yes, This Is Manhattan) + MORE 08/21/2013


Doctor Medical Building Financing – More Info Click Here!


Call BRT Financial @ 904-551-6090


Recall/Balloon Features

These terms are used by many banks to effectively shorten most commercial real estate loans to 3-7 years. Short-term loans (less than fifteen years)

15-40 year commercial property loans without recall/balloon features are available. Please note that processing/retainer fees are not included in this discussion of commitment fees. Processing/retainer fees should be viewed as an acceptable and standard business practice when dealing with commercial real estate loans.
Prime Lot, Empty for Years (Yes, This Is Manhattan)The dormancy of a 6.4-acre parcel in Midtown Manhattan overlooking the East River is an enigmatic and confusing tale of ambition, infighting, personality conflicts and bad timing.    

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Macau casino operator SJM Holdings and Italian fashion house Gianni Versace have agreed to open a hotel in the world’s gambling capital.

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Clos Pegase, known for its art and architecture, sold to Dean & Deluca owner in third big vineyard deal this year

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Urban retail projects can be successful in low-income areas, but that hasn’t been the case in the Blue Hills neighborhood of Kansas City, Mo.

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Recent Commercial Real Estate TransactionsNotable properties that have been recently listed for sale, sold or leased.    

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Square Feet: In Denver, Beat Starts to Pick Up in a Once-Thriving Hub for JazzDevelopers are beginning to move into Denver’s Five Points neighborhood, where the jazz age still echoes in the majestic buildings and landmarks.    

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Commercial Real Estate Financing Information Here! + More News: Prime Lot, Empty for Years (Yes, This Is Manhattan) + MORE 08/21/2013

Tuesday, August 20, 2013

Medical Commercial Real Estate Financing Information Here! + More News: Fire sale in Gary, Indiana: Homes for $1 + MORE 08/20/2013


Doctor Medical Building Financing – More Info Click Here!

Call BRT Financial @ 904-551-6090


Recall/Balloon Features

These terms are used by many banks to effectively shorten most commercial real estate loans to 3-7 years. Short-term loans (less than fifteen years)

15-40 year commercial property loans without recall/balloon features are available. Please note that processing/retainer fees are not included in this discussion of commitment fees. Processing/retainer fees should be viewed as an acceptable and standard business practice when dealing with commercial real estate loans.
China Everbright Securities shares tumbled 10% Tuesday as investors punished the company for executing fat-finger trading errors on back-to-back days.

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Prime Lot, Empty for Years (Yes, This Is Manhattan)The dormancy of a 6.4-acre parcel in Midtown Manhattan overlooking the East River is an enigmatic and confusing tale of ambition, infighting, personality conflicts and bad timing.    

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DealBook: To Cover New York, Zillow Buys a Rival SiteThe real estate Web site Zillow will acquire StreetEasy, a much smaller site, for about $50 million to patch what it described as a “glaring hole” in its coverage.    

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The city of Gary, Ind., is running a real estate fire sale: A dozen homes for $1 each.

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Apple is accustomed to being the smartphone king, but in China, the iPhone is barely even an also-ran.

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DealBook: Re/Max Files for I.P.O. as Housing Market Continues UpswingRe/Max Holdings, one of the country’s biggest real estate brokerages, filed to go public on Monday, preparing to follow its rival Realogy Holdings onto the public markets.    

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Commercial Real Estate Financing Information Here! + More News: Fire sale in Gary, Indiana: Homes for $1 + MORE 08/20/2013

Monday, August 19, 2013

Find Commercial Real Estate Financing Information Here! + More News: Ferrari sells for record $27.5 million + MORE 08/19/2013


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.
The markets were looking calm ahead of the opening bell Monday, as investors take a breather after two weeks of losses.
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Investors will be looking toward the Federal Reserve, corporate earnings and housing data to revive markets this week, after two consecutive weeks of losses.

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Authorities are investigating whether JPMorgan Chase’s Chinese offices hired young workers from prominent Chinese families that in turn offered the bank business.

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State regulators have identified China Everbright Securities as the source of a dramatic surge in the Shanghai Composite that unsettled investors last week.

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The real estate Web site Zillow will acquire StreetEasy, a much smaller site, for about $50 million to patch what it described as a “glaring hole” in its coverage.    

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Commercial Real Estate Financing Information Here! + More News: Ferrari sells for record $27.5 million + MORE 08/19/2013

Saturday, August 17, 2013

Doctors Get Commercial Real Estate Financing Information Here! + More News: GM to recall nearly 300,000 Chevrolet Cruze cars + MORE 08/17/2013


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.
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This week’s People of Note includes the following markets: Minneapolis, Long Island, Atlanta, Houston, Dallas, Phoenix, Chicago, Orlando, Kansas City, New Jersey, South Florida, Los Angeles and New York City.
MINNEAPOLIS

Founders Finds New President, CEO

By Justin Sumner

Founders Properties LLC has promoted Wade Lau to president and chief executive officer…


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Stocks fell for a second consecutive week, with the Dow and S&P 500 dropping more than 2%. While losses like this have been rare so far this year, it’s pretty typical during the dog days of August.

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AOL announced plans Friday to cut 10% of its workforce, with staff from its Patch division bearing the brunt.

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Capital One Financial Corp. (NYSE: COF) announced it has agreed to acquire Beech Street Capital, one of the nation’s largest government-insured multifamily mortgage lenders.
Terms were not disclosed for the transaction expected to close in the fourth quarter.

Beech Street, founded in 2009, is an originator, underwriter and servicer of multifamily CRE loans and is one of the country’s largest providers of Fannie Mae, Freddie Mac and FHA loans…


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Commercial Real Estate Financing Information Here! + More News: GM to recall nearly 300,000 Chevrolet Cruze cars + MORE 08/17/2013

Friday, August 16, 2013

Look Here For Commercial Real Estate Financing! + More News: Trick yourself into boosting 401(k) contributions + MORE 08/16/2013


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.



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Dow drops 225 points


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Add Facebook to the large list of companies hoping to crack the mobile payments nut.

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Commercial Real Estate Financing Information Here! + More News: Trick yourself into boosting 401(k) contributions + MORE 08/16/2013

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


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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