How to Get a Business Line of Credit in 4 Steps

How to Get a Business Line of Credit: What You Need to Know

Traditional business loans are the most common way to finance a business, but a business line of credit can be more accessible for startups or business owners with bad credit. A business line of credit is one of the most flexible forms of financing for small businesses.

You can use a business line of credit for working capital, to cover cash flow issues, or to fund an emergency or unexpected opportunity. If you’ve decided that a credit line is the right financing solution for your business, you may now be wondering how to get a business line of credit.

How to Get a Business Line of Credit: A Quick Guide

Step 1: Check your business’s qualifications.

Step 2: Compare your options.

Step 3: Prepare your requirements and documentation.

Step 4: Apply and make a decision.

Apply for a Business Line of Credit Now

4 Steps to Get a Business Line of Credit

Step 1: Check Your Business’s Qualifications

The first step is checking your business’s qualifications. By knowing where your business stands ahead of time (as in, before you start comparing options and completing applications), you’ll save time and effort throughout the process.

Although there are a variety of business line of credit requirements you might have to meet depending on the lender you’re applying with, there are a few common qualifications that you can use to evaluate your business’s prospects.

Personal Credit Score

To start, you’ll want to determine where your personal credit score stands. When applying for a business line of credit (or any financial product for that matter), your personal credit score will very likely be one of the first things a lender looks at. Here are a few reasons why:

Indication of trustworthiness. The higher your personal credit, the more likely you are to qualify for a line of credit, and one with the best rates and terms.

Determine if collateral is needed. If your credit score is below the threshold as laid out by the lender, you might need to offer up some kind of collateral that can be used to pay off debts if your business is unable to.

Find which loans you qualify for. If you’re applying for a bank or SBA line of credit, you’ll likely need to have excellent credit, as well as other top qualifications.

Generally, it’s safe to say if you have a credit score of 600 to 630 (or higher) you’ll be in decent shape to qualify for most business lines of credit.

Annual Revenue

Like your credit score, most lenders will implement a minimum requirement for annual revenue that a business needs to meet in order to qualify for a line of credit. They do this to answer a few questions:

Can you pay back the loan? A lender will use your annual revenue (as well as other business financials) to ensure that you have enough money coming in to pay back any funds you use from your credit line.

What will the terms of the loan be? Regardless of the small business lender you’re applying with, a higher annual revenue will also give you access to a line of credit with the most desirable terms and lowest interest rates.

Which lender is best for you? If you’re looking to get a bank or SBA business line of credit, you’ll generally need to meet a fairly high annual revenue requirement. Alternative lenders, on the other hand, will show greater flexibility, with many lenders setting their minimum annual revenue requirement at anywhere from $25,000 to $100,000 or higher.

On the whole, just like with your credit score, the higher the amount of annual revenue you have, the better.

Time in Business

When you’re looking to get a business line of credit, you’ll also want to consider your time in business as you evaluate your qualifications. Why?

Determines risk. Longer time in business means less risk for a lender, as your business has been able to maintain ups and downs in operations thus far, and therefore, is more likely to be able to pay back a loan.

Determines what you can actually qualify for. Compared to traditional business term loans, it’s often easier to qualify for a business line of credit with only a year in business, sometimes even less.

Online lenders such as BlueVine and Fundbox have very flexible time-in-business requirements for their lines of credit. BlueVine requires six months in business and Fundbox only requires three months.

Collateral

Finally, you’ll want to evaluate what kind of collateral you can offer, especially if you’re a newer business or have bad credit. There are a few options.

Actual collateral. Most business lines of credit are secured business lines of credit, meaning they’re backed by some form of collateral. Some lenders will require physical collateral to secure your credit line, such as real estate, equipment, or inventory.

Personal guarantee. Some lenders may require that you sign a personal guarantee stating that you’ll use your personal assets to repay the funds you’ve borrowed in the event your business can’t pay.

Lien. Some lenders may file a lien again your business assets when you get a line of credit with them, meaning that the lender has a legal claim to recoup your business assets in the case that you can’t repay your debt.

Putting up collateral may make you more likely to qualify for a credit line if your other qualifications are lacking.

Step 2: Compare Your Business Line of Credit Options

Once you’ve evaluated your business’s qualifications, you’re ready to start exploring your options.

You’ll want to determine what type of revolving line of credit will be best for your business, considering secured vs. unsecured, short-term vs. long-term, and bank vs. online credit lines.

By using the qualifications you established in Step 1, you’ll be able to narrow down your options to find the right business lines of credit to apply for.

Short-Term vs. Long-Term Business Lines of Credit

Generally, a short-term line of credit is a credit line with repayment terms of a year or less, whereas a long-term credit has repayment terms of longer than a year.

Short-term lines of credit are most often offered by online, alternative lenders. Here are some benefits of short-term lines of credit:

Easier to qualify for

Simpler applications

Fund faster

And now, here are a couple downsides:

More expensive

Need to pay back faster

If you have higher qualifications and can accommodate slower funding, you’ll want to focus on longer-term lines of credit, like a bank or SBA credit lines. Here’s why:

Longer repayment terms

Lower interest rates

Secured vs. Unsecured Business Lines of Credit

Next, you can narrow down your business line of credit options by deciding whether you want a secured or unsecured line of credit.

It’s actually very difficult to find a truly unsecured business line of credit. Even if a lender doesn’t require physical collateral, they’ll often require a personal guarantee or implement a blanket lien to secure your credit line.

To avoid putting up physical collateral, you’ll want to focus on lines of credit from alternative lenders. Lenders like Winston Rowe and Associates won’t require you to put up business assets for your line of credit, but they will likely ask for a personal guarantee or take out a lien on your business.

On the other hand, if you are willing to put up collateral (and have other top qualifications) you may turn to bank or SBA credit lines. These lines of credit will also have the best rates and terms.

It’s also important to consider that putting up collateral for your line of credit may not only make you more likely to qualify, but overall, it may also help you secure more desirable rates and terms.

Bank Lines of Credit vs. Online Lines of Credit

It can be tough to determine if you should go with a bank line of credit or an online lender. This might help:

Bank Pros

Offer most desirable rates and terms

Long-term, secured line of credit

Bank Cons

Difficult to qualify for

Require more documentation

Slower to fund

Online Lender Pros

Greater variety (for bad credit, startups, low annual revenue, etc.)

Simple application process

Faster to fund

Online Lender Cons

More expensive

If you have strong qualifications but simply don’t want to go through the process of applying for a bank or SBA line of credit, you might turn to a lender like Fundation, which can offer a longer-term credit line with affordable rates, and funding in as little as one business day.

Step 3: Prepare Your Business Line of Credit Requirements

After you’ve narrowed down your options, you’re ready to start preparing your applications.

Let’s say, for example, you considered your business’s qualifications and the different types of credit lines and decided that applying for Kabbage and BlueVine lines of credit will be best for your business.

Now, you’ll want to take a look at the application for each of those lenders and determine what requirements you’ll need to meet to qualify.

Determine what each of these lenders sets for their minimum requirements. Check your personal credit score, annual revenue, and time in business before you start gathering documents and filling out the application. After all, if you can’t meet these requirements, you don’t want to waste your time applying for a credit line you’re unlikely to qualify for.

Prepare your application. On the whole, the documents and information that will be required for your business line of credit application will be specific to the lender; however, you may expect to provide any (or all) of the following:

Basic personal information including your name, social security number, and ID

Basic business information including business name, entity type, tax ID number, and industry

Personal and business credit score

Personal and business tax returns

Business financial information including annual revenue, bank statements, balance sheets, profit and loss statements, etc.

Debt schedule (if you have existing debt)

Legal contracts and agreements

Step 4: Apply and Make a Decision

After you’ve gathered all of the documents necessary based on your lender’s requirements, you’re ready to complete your application and apply.

If you’re applying for a business line of credit from an alternative lender, you’ll likely find that the online application is fairly simple, requires limited documentation, and can be completed in minutes. On the other hand, if you’re looking to get a business line of credit from a bank or from the SBA, you need more documentation and the process will be longer. Many banks (like Chase) will require that you go in-person to apply for a line of credit.

Once you’ve submitted your application, make sure that you’re prompt to answer any questions or requests from your lender. This will help expedite the process and get you access to your funds faster.

Generally, online lenders can fund business line of credit applications quickly, sometimes even within one day. As you may have expected, banks will be slower to fund, taking anywhere from a few days to a few weeks.

After you’ve completed the application and answered any requests, the lender will come back with an offer (if you’re approved). At this point, you’ll want to carefully review the offer to understand how much your business line of credit will cost—and you should compare all of the offers you receive to ensure that you’re getting the best rates and terms. In particular, here are some things to keep an eye out for:

Terms and amount: You’ll want to review all business line of credit applications to see the credit line you’ve qualified for—in other words, the maximum amount of your line of credit, as well as the terms. The terms will indicate how long you’ll have to repay the funds you’ve borrowed.

Payment schedule: Lenders will have different payment schedules that designate how often you’ll make payments on the funds you borrow—some will require daily payments, whereas others may offer weekly or monthly payments. You’ll want to see what kind of payment schedule your business line of credit offer includes.

Interest rate: As you might imagine, the rate on your line of credit will be one of the most important things to review. This being said, you’ll want to look for the APR on your credit line, as opposed to the simple interest rate. The APR will give you a better sense of how much your line of credit will actually cost.

Additional fees: You may find a variety of additional fees that a lender can charge with a business line of credit. In particular, you’ll want to look out for withdrawal fees (charged every time you draw on the credit line), non-use fees (charged if you don’t draw on your credit line for a certain period of time), and prepayment penalty fees (charged if you pay off your balance early).

Once you’ve reviewed the offers, asked your lender any questions, and decided on the best business line of credit for you, you’ll be all set to sign the agreement and receive your funds.

Frequently Asked Questions

Can you get a business line of credit with bad credit?

What are the loan amounts for a business line of credit?

How do business lines of credit work?

The Bottom Line

Once you’ve decided to focus your financing search specifically on business lines of credit, you’ve already tackled a huge part of the process.

Getting a business line of credit comes down to evaluating your qualifications, finding the right line of credit for your business, gathering your documents, and completing the application. Once you’ve completed all of these steps, you’ll have access to one of the most flexible and useful financial products on the market.

Plus, after you’ve gone through this process once, it will only be easier the next time you decide to apply for any type of business financing.

Office Building Funded in Brighton Colorado

Winston Rowe and Associates is pleased to announce that they have successfully assisted in the funding of an owner-occupied office building in Brighton Colorado through their extensive contacts in the capital markets.

This was a very time sensitive and challenging transaction. The client had a hard money loan with a 10% interest rate and balloon payment coming due.

Winston Rowe and Associates was able to help their client secure a long fixed term loan with 30 years amortization at around 4% interest.

They have a full spectrum of asset based commercial real estate financing solutions with no upfront fees.

Winston Rowe and Associates Capital Deployment Objectives Include:

Apartment Buildings
Debtor in Possession
Office Buildings
Vacant Commercial Buildings
Equipment
Medical Buildings
Assisted Living Facilities, CCR
Industrial Buildings
Strip Malls & Shopping Centers
Hotels & Motels
Manufactured Home Communities
Owner Occupied Business for SBA
Fix & Flip Rehab Rental
Rental Portfolio
Real Estate Portfolio
Special Purpose or Single Use Properties

Loan amounts from $250,000. to $25,000,000.

Winston Rowe and Associates best business and commercial real estate funding solutions occur when they combine data with consultation and common sense.

You can contact Winston Rowe and Associates at https://www.winstonrowe.com

They are a national consulting firm that specializes in commercial real estate investing, labor relations and business turn around financing.

Contact
Winston Rowe and Associates
processing@winstonrowe.com
248-246-2243

What happens to real estate during inflation?

Inflation, the economic term which refers to the devaluation of your money, can sound like a blaring car horn to the ears of many investors. However, while its consequences are simple enough (a rise in the cost of goods and services) it’s also comprised of many less obvious negative aspects as well.

For example, the direct effect that it has on the real estate market and housing prices (which includes impacting the many financial aspects involved in many kinds of real estate investment, from commercial real estate to single-family rentals).

Below, we describe these consequences in fuller detail and offer a solution that will allow investors to avoid the consequences of an inevitable rise in the inflation rate.

Consequences of Inflation on Real Estate Investment

Three consequences of inflation on real estate investment

1) Increase in cost of home construction

Remembering that inflation refers to a rising cost in the price of everyday goods, think of all the materials it takes to build a new home: from concrete and bricks to drywall and stucco, the list is quite long. Inflation means that all of these required materials just became more expensive for home builders.

2) Rising home prices

Consider the consequence of higher home building costs once more: as these put a greater financial burden on home builders, they have little recourse but to make up for it with higher listing prices for just-built properties. Unfortunately, this isn’t the only reason inflation causes real estate prices to rise. When the Central Bank increases the money supply in the economy (a primary cause of inflation), house prices automatically increase.

3) Decline in financed home purchases

Another effect inflation has on the housing market and real estate investing involves debt. When inflation rises, causing money to become more expensive to borrow, people don’t borrow as much of it; they may not even borrow any at all. This results in a chain reaction of fewer mortgage-financed home purchases, which may flatten economic growth.

7 Successful Self-Storage Site Selection Strategies

LOCATION, LOCATION, LOCATION!!!! We have all heard how important it is to have the right location, but how do you find the “killer” site? Let’s review some proven tips and tricks for finding the best site.

Purchasing the right site is as much trial and error as it is good luck and science. Do not be discouraged if you burn through five or six (or ten or twelve) sites before you “land” the deal. Be patient AND persistent. If you work long and hard enough, you will eventually close on a property. Detours that you may encounter:

Zoning Issues

Changes in Credit Markets

Sellers That Change Their Minds

Title Issues

Environmental Problems

Competitors

PLAY GOLF. NETWORK, NETWORK, NETWORK. – I honestly believe that some of the best self storage sites in the country today are being found on the 7th green, or in the golf cart on the way back to the clubhouse. Your attorney, CPA, clergy, neighbor and therapist may be a “friend of a friend, who knows a guy, whose uncle has a piece of land…” In other words, use your list of contacts influential to spread the word you are serious about self-storage. Prepare yourself with a concept package. Once the investor is intrigued, be prepared to follow up with a concrete business plan. Include graphics, spreadsheets, and demonstrate that you have a team of experts to get the deal through the 18th hole. Show them that once you have a site identified, that you are prepared to move quickly to execute your plan.

TRAVEL TO NEW AND EXCITING PLACES – One of the largest mistakes first time real estate investors make is they select a market area that is geographically convenient, not economically viable for self-storage. Know that when you limit yourself to one or two markets, you have greatly increased the time it may take to find the best site. In fact, you may have chosen an area that is not ready for self-storage growth, and you may be forcing your project into a crowed market. Check saturation levels, competitive environment and the economic climate of many areas that are acceptable to you and broaden your horizons.

BEGIN WITH THE END IN MIND – Think first about the end. What is your exit strategy? Is this a short term play to springboard into larger ventures? If so, then build your store at a location which meets “Institutional Grade Criteria”. The most important of which are:

Metropolitan Area Population

Traffic Counts

Primary Market Area Population Density

Visibility

Access

Primary and Secondary Median Incomes

Property Size

If your strategy is a long term hold, remember to “never say never”. As soon as you proclaim you will “never” sell your store, Murphy’s Law or your children who want cash, not a bunch of garage doors, may create a need to exit a property. You will want to make certain that you have covered all the bases, and not have created a store with extended marketing times. Be careful of building:

In small towns

In an inferior, less expensive location

Because you already own the land

A store of less than 50,000 square feet (net rentable)

Behind your competitors (both identified and yet to be identified possible)

Two or more Floors in a single story market

Life has a habit of taking strange turns. If you believe that one door opens when another closes, you may not want to be encumbered by a self-storage property that does not allow an efficient exit.

FOLLOW THE MONEY – Be prepared to play with the big boys, where they have invested lots of money. There is much to be said for being “where the action is”. If you are an experienced operator (or hire an expert management company), and build the right product in the right location, you should have no trouble competing with even the largest of operators. In fact, this may give you a distinct advantage. Consider:

Large operators have the resources to conduct thorough market research and have the ability to spend lots of money to analyze markets. I would be very cautious of building in a market that is absent of institutional players. Piggy back off of their market research.

Large operators tend to be rate leaders. I do not know of any major player in self storage with a “lowest price” strategy. Typically, institutions require strong rates of return on an investment, and are not prepared to win customers on price points. What better competition to have than one who is always raising prices. Learn from this, and follow suit accordingly, or be a little braver, and YOU take the initiative and lead the market with the highest pricing. I can almost assure you the big boys will follow suit and move their pricing up as occupancy grows or stabilizes.

Large operators like the efficiencies of multiple stores. This means you may be a good acquisition candidate when you (or your children) are ready to sell. Make it easy on them and yourself to sell the store. If they are in a market, chances are they believe in the market and that makes the purchase of your store much easier.

Be very careful of a market where the big guys are selling their stores. There must be compelling reason for a self-storage investor to get out of a market. This is an indication that the market may be soft, or rates are weak.

GET PROFESSIONAL HELP – There are two sources to look to when finding and evaluating sites. The first are brokers and the second are consultants. Keep in mind that brokers (and boy will I get some hate mail form this statement) may not have your best interest in mind. They ONLY get paid when your money is spent. This motivates them to get the deal to closing, but does not ensure that they are really concerned with what is in YOUR best interest. Here is the second statement that will make every broker hate me…”Make them work for their money”. Nothing irks me more than a lazy broker. Too many brokers believe their role in life is to pass along a name. Most brokers have the ability to “make a deal happen”. This two edged sword can be used to your advantage. Make sure that your broker has been given the right tools to find you a piece of property. Inform them of the following:

Site size

Traffic counts

Density required

Price range

Zoning parameters

There are several broker strategies. One is to use an experienced self-storage broker that knows the business (they are an owner or develop of self-storage properties, not just a broker). This may help to eliminate a number of sites as you are not chasing dead end deals. One caution: this broker is often a competitor, or becomes one.

Make certain that you have a non-compete clause with the broker whom may operate self-storage properties (contractually specify distance and time-frame). The challenge with this type of broker is they may already be wired into an institutional or seasoned developer which means you may be looking at leftovers.

If you have several seasoned self-storage developers in your area, and a site is visibly for sale, there may be something wrong with the site. The second strategy is to hire an aggressive broker that you may have to educate or be patient with in having them find you a site. Once the broker brings you a site, make sure your broker provides you with:

Current demographic data

Traffic Counts

Parcel specific zoning data

A site plan or survey

Recent land sale comparable

Self-storage facility sale comparable

Be equally careful choosing a consultant. Make certain they have a plan and are following it. Make sure they have the resources to carry the ball across the finish line. If they are helping you find a site, have the consultant give you a written strategy to find you the right site. Make them commit that they communicate with you often, and you monitor their performance. If the consultant is strictly helping you with feasibility, make certain that they have informed you up front of what they see as the strong points of site selection, and that you concur as to what the project should achieve. This will save you lots of time and money in evaluating sites.

EXERCISE YOUR CREATIVE GENIUS – Get creative in digging up sites. Consider sites that are too large, and what other types of uses may be compatible with self-storage at that location. Do not be afraid to negotiate. Think about ways to reduce your land cost…

Tax parcel splits

Pad site spin-offs

Joint developments

P.U.D’s

Subdivision creation

Assemblage

Think about joint land uses:

Car Washes

Fast Food Restaurants

Flex Space or incubator space

Record and documents storage

RV and Boat storage

Limited service hotels

Strip centers

Use creative financing to leverage properties:

Seller Financing

Land Leases

Options

Contingent Sales

Life Estates

All in all, life is short and play hard. Be bold, and follow your dreams. If you believe in the industry, and dedicate the necessary resources, you will succeed. While you are looking, educate yourself. Attend conferences, trade shows and seminars. Be diligent. Read trade magazines and absorb as much information as possible about self-storage. But most important maintain a high energy level, do not be discouraged, and if you do not succeed, try, try again!

This Year’s Renters Want More Space, Good Deals and the Great Outdoors

Winston Rowe and Associates

Renters are on the hunt for open-air amenities, more space, and a better deal in the city they already live in as 2021 unfolds, according to a recent RENTCafé survey on how renters’ preferences have changed as a result of the pandemic.

An improvement in lifestyle was the main driver for the more than 10,000 people who participated in the survey while searching for an apartment on rentcafe.com. The top features respondents searched for a year into the pandemic included open-air amenities (21%) and more space (20%)—data that stands in stark contrast to RENTCafe’s March 2020 survey, where top drivers were price and safety. In addition, space and open air amenities were more important to renters than WFH amenities like home offices.

The prospect of a better deal motivated 29% of respondents, while the need for a change of scenery prompted a quarter of those surveyed to move. And perhaps most interesting? Contrary to breathless pandemic-era reports of Americans ditching their cities for secondary markets, approximately 90% of renters were looking for long-term rentals with 48% looking to remain in the same city. A mere 4% of renters chose to move because they could now be more flexible by working remotely.

“This shows that improving housing conditions—not drastic change—is the goal,” RENTCafe notes in the survey findings. Of those surveyed, one-third (34%) reported they’d already moved once over the last year, with the majority doing so because of the pandemic.

“After months of staring at the same walls, it’s understandable that some people want to make a move now, if only for a change of scenery,” the survey findings note. “However, many of those who moved back in the spring of 2020 seemed to have done so out of need—not because they wanted to. More precisely, their reasons for moving during those uncertain early days of the pandemic were related to their lease being up or feeling financially insecure.”

The survey also revealed that space and open-air amenities were more important than work-from-home amenities. Only 10% said a good internet connection was crucial, and  5% said they needed a home office.

Despite this data, the multifamily industry is prepping to meet the demands of a growing body of WFH renters. Research last year from Newmark showed that multifamily owners are increasing floor plans to create more flexible spaces (think one-bedroom plus a den) and more outdoor space to accommodate workers who are staying home. The firm advises developers, however, to make more incremental changes to unit mixes and amenities since resident needs are still being hashed out as the pandemic wears on.

Source: globest.com

New York Apartment Demand Surges As The City Jumps Into Reopening Mode

Winston Rowe and Associates

A full year into the pandemic, New York City landlords are securing new leases at a rapid clip as depressed prices appear to be luring back—or holding on to—tenants willing to sign for the right deal.

New York buildings in Manhattan, Brooklyn and Queens, the number of leases signed during February beat a record set in 2012 during the comeback from the global financial crisis. The median rental price—lease value net of concessions—fell at least 11% across those boroughs last month, according to a new report by Douglas Elliman Real Estate.

The news comes as New York City slowly begins to reopen. Restaurants will soon be able to operate at 50% capacity and movie theaters are once again beginning to show films. It’s been a brutal year for the city; the seasonally adjusted unemployment rate stood at 11.4% in December, a 7.8% increase over December 2019.

Hundreds of thousands of New Yorkers fled the city at the onset of the pandemic, to ritzy enclaves upstate, quiet towns in the Northeast and other pockets of the country. The coming months will help reveal how many intend to return, and whether rental prices will subsequently increase.

In light of the revived demand, some owners are temporarily keeping units off the market in the hopes of a sustained rebound that may help them get higher rates sooner than expected. According to UrbanDigs, a real estate insights firm, in Manhattan landlords took more than 1,800 apartments off the market in February, as the Wall Street Journal reported earlier this week. For their part, renters are enjoying the reprieve from record prices, which peaked just before the pandemic.

Below is a closer look at the current New York City rental market, utilizing data from Douglas Elliman and Miller Samuel Real Estate Appraisers & Consultants.

Manhattan

Non-luxury units offer the best deals, with apartments of three or more bedrooms having the biggest year-over-year discounts, possibly a sign that after living through lockdowns, renters are looking to live with fewer roommates. The median rental price dropped 22.7% over the last 12 months on those units. Two-bedroom apartments are down 8.9%, while studios are down 19.3%.

New signings are up dramatically from February 2020, but the overall vacancy rate remains high, at 5%, compared to 2.01% last year.  More than 40% of new leases come with some form of landlord concessions, the authors said, often one or more months of free rent during the first year after signing.

Brooklyn

Brooklyn saw the “highest number of new lease signings since tracking began during the financial crisis,” Miller Samuel reports, at 1,834 for February, a 133% year-over-year increase. Still, the median effective rent dropped 16.3%, more than any other year in almost a decade. Nearly 40% of new signings last month included landlord concessions.

Studios are commanding the best discounts; median rental prices fell 18.8% compared to last February, while second place goes to apartments with three or more bedrooms, at a 12.5% decline. Still, a glut of inventory remains; there are 3,438 listings in Brooklyn, up from 1,375 a year ago. That figure doesn’t even account for units that have been pulled off the market.

Queens

The story is largely the same in Queens, where February also set a nine-year record. Inventory is up 64% compared to last year, and 36% of signings include concessions.

Overall, the median rental price dropped 13% compared to last February, to $2,522, with studios taking the biggest hit at a drop of 28.7%.

Source: forbes.com

Dallas’ Water Outages Persist, City Leaders Call on Apartment Owners to Do More

After a week without running water, residents of the Villas Del Solamar Apartments in Dallas say they finally got water back on Wednesday.

Since last week, many in the Dallas’ Vickery Meadows Neighborhood have been without water service.

“It’s ridiculous, it’s sad, it’s so sad,” said April Collins, who lives at Villas Del Solamar. “I haven’t gotten anything from the apartment, no letter, no nothing.”

Since the outage the City of Dallas has been supplying water and basic amenities – opening up the nearby library branch for people to use the restroom.

“It’s disheartening that they have residents who are paying rent and they are not caring for them like they should,” said District 13 City Council Member Jennifer Staubach Gates.

Gates says she’s been disappointed by the lack of initiative taken by multiple apartment complexes to care for their residents. According to Gates, the remaining water issues stem from privately owned infrastructure that is not the city’s responsibility to fix. In recent days, she says the city’s efforts to help those in need has also been complicated by a lack of communication between apartment owners and city services.

“These apartment owners need to be reaching out and helping us get their residents water,” said Gates.

On Wednesday, the Villas Del Solamar issued the following statement:

“Our hearts are with all Texans as we all work together to recover from the devastation caused by Storm Uri. Our work on behalf of our apartment community residents has been and will continue to be nonstop. We have a full team of workers on-site doing everything they can day and night to restore water access.

We have been actively working with residents to provide assistance while also working continually with local authorities to speed up the process in any way possible. Our 100% focus is on the safety and security of our residents. Since the moment the storm hit, and even before, we have provided ongoing updates, connected with local charities and resources to help people stay warm and fed, and done everything possible to provide water access, including arranging for a water bus and personally carrying in buckets of water from the water center across the street.

Like all of Texas, access to many of the supplies and resources we need has been limited during this emergency time. That said, as stewards of our community and people who genuinely care about doing the right thing, we know it is vital that our residents continue to have a safe and secure place to live. We are doing and will continue to do everything possible to ensure that for the immediate and the long term.”

In a statement, Ian Mattingly, President of the Apartment Association of Greater Dallas said he believes it’s important to consider the unprecedented damage sustained by apartment complexes.

“The Apartment Association has been working hand in glove with City of Dallas staff to identify and even deliver water and other supplies to affected residents.

Asking our members to do more is all well and good, but ignores the reality of the scale of this disaster. No one faulted the owners in Houston for taking a week to return water to communities impacted by Hurricane Harvey, and this disaster is like Hurricane Harvey hit every community in Texas all at once.

We ask our city leaders to continue to work with us and our members in addressing the numerous challenges our members are working to overcome in order to return our apartments to some semblance of normalcy.”

The problems aren’t unique to Dallas.

Tenants reported similar problems from Fort Worth to Plano.

Tuesday, residents of Bel Air Willow Bend in Plano filled up buckets of water and carried them back to their apartments which residents say have been without running water since Wednesday.

‘This is too much… frustrating. Every day, from morning to night, we need water,” said renter Kapil Gandhi.

Gandhi said he’s been told his complex could be without water for another week.

Nearby, at another complex, Corina Garcia, said her water was turned off Thursday. She said she’s getting by with bottled water but the crisis is complicating her recovery from COVID-19.

“So when they tell me, ‘Oh, come use the facilities at the office,’ it’s like, right, I can just run right over there. I can’t right now, I can’t do that, I have a hard time just walking downstairs,” Garcia said.

News story from KDFW-TV

Review of Winston Rowe and Associates Commercial Real Estate Financing

Free Book Review

Announcing , The Free eBook Commercial Real Estate Finance published by Winston Rowe & Associates  discusses the fundamentals of the different types of commercial property, the various options that are included with properties and the capabilities that you will have as a commercial property investor.

It will enable you to make the right decisions when it comes to commercial properties. After you have read this book, you will be able to successfully choose a commercial property for your real estate business.

This book will help you to figure out everything that has to do with commercial properties. Also included with this book are different ideas on what you can do to make sure that you are getting the best financing possible. You will be able to truly enjoy the opportunities that come along with financing and with the different options that you have.

It’s loaded with all the check lists you’ll need to conduct your due diligence to avoid a bad investment. There are detailed descriptions of the various types of capital sources and how to prepare and submit your financing proposal.

You will need to make sure that you can secure financing but it is not a cut and dry experience for everyone. The tips that are included with this book will give you the best chance at getting financing.

 

 

Survey shows Chinese manufacturing growth slips in June to slowest pace in 7 months

BEIJING, China – A survey shows China’s manufacturing grew in June by its slowest pace in seven months, raising questions about efforts to prevent the world’s second-biggest economy from slowing too quickly.

The state-affiliated China Federation of Logistics and Purchasing said Sunday that its purchasing managers’ index fell 0.2 percentage points to 50.2 per cent in June, just above the 50 level that signifies expansion. The index was at 50.4 in May and 53.3 in April.

The European debt crisis is pinching China’s export manufacturers, while moves to control property prices have chilled construction spending, with worries economic growth will fall below 8 per cent in the second quarter.

Although high by Western standards, that is weak compared with years of double-digit growth and points to concerns about imports from countries reliant on Chinese demand.

http://www.winstonrowe.com

Commercial Real Estate Outlook Improves Winston Rowe & Associates

Optimism over corporations’ rising profit expectations is contributing to an improved outlook for commercial real estate, according to PwC and Urban Land Institute’s 2012 Emerging Trends Mid-Year Update. The 195 industry executives who responded to the survey indicated that profitability, lending, and investor markets are looking up through year-end.

Foreign investors and private equity will remain the top purchasers of commercial real estate through the remainder of the year, according to the survey. However, private local investors and public equity real estate investment trusts buyers acquired an increasing share of properties in 1Q12, according to Real Capital Analytics.

The value of debt capital sources is showing positive signs, with insurance companies occupying the No. 1 spot and government-sponsored entities’ value increasing more than 11 percent since November 2011. Commercial mortgage-backed securities, commercial banks, and mezzanine lenders also posted positive gains.

All five major commercial real estate property sectors also reported higher values, according to the survey. Apartments continue to rank first, followed by the industrial/distribution sector, which posted a significant value increase. Hotels ranked third and logged the biggest gain overall as corporate and individual travel show signs of improvement.

2012 Commercial Real Estate Outlook Report Winston Rowe & Associates

Hard on the heels of the United States’ economic recession and the simultaneous strengthening of emerging Asian and Latin American markets, the Commercial Real Estate (CRE) industry is seeing an increased focus on diversification into global CRE. While Asia Pacific (APAC) has emerged as a strong driver of global CRE growth, the U.S. continues to attract investments based on size and favorable risk-reward.

In general, the U.S. CRE market appears to be on a gradual but uneven path to recovery, with increased capital availability, transactions, and improved fundamentals

Gas Prices May Drop Under $3 By Fall Winston Rowe & Associates

Have drivers seen the worst? Analysts say the latest oil prices indicate that gas prices may settle below $3 by the fall.

With gas prices down 6 percent in the last month alone and down $0.49 since prices hit their peak in April, oil speculators like Tom Kloza expect to see the trend continue. “The market is suggesting gas below $3 by Halloween and certainly by Thanksgiving,” he told USA Today.

Lower prices at the pump come just in time for summer’s peak driving season. AAA projects 42.3 million Americans will travel 50 miles or more over the Fourth of July weekend — nearly a 5 percent increase in travel from last year — with 35 million choosing to travel by car.

According to AAA’s daily fuel gauge report, the current national average gas price is $3.45 per gallon, and crude oil prices have fallen to $78 a barrel, the lowest since late winter, according to market reports from West Texas Intermediate.

While the earlier fears of $5 per gallon pricing have been called “apocalyptic,” many consumers are still feeling pain at the pump. Patrons of stations in the South may have been seeing magic numbers like $2.99, but motorists on the west coast are seeing gas price averages hovering above $4.

Employment Situation Summary Winston Rowe & Associates

Nonfarm payroll employment changed little in May (+69,000), and the unemployment rate

was essentially unchanged at 8.2 percent, the U.S. Bureau of Labor Statistics reported

today. Employment increased in health care, transportation and warehousing, and wholesale

trade but declined in construction. Employment was little changed in most other major

industries.

 

Household Survey Data

 

Both the number of unemployed persons (12.7 million) and the unemployment rate (8.2

percent) changed little in May. (See table A-1.)

 

Among the major worker groups, the unemployment rates for adult men (7.8 percent) and

Hispanics (11.0 percent) edged up in May, while the rates for adult women (7.4 percent),

teenagers (24.6 percent), whites (7.4 percent), and blacks (13.6 percent) showed little

or no change. The jobless rate for Asians was 5.2 percent in May (not seasonally

adjusted), down from 7.0 percent a year earlier. (See tables A-1, A-2, and A-3.)

 

The number of long-term unemployed (those jobless for 27 weeks and over) rose from 5.1

to 5.4 million in May. These individuals accounted for 42.8 percent of the unemployed.

(See table A-12.)

 

The civilian labor force participation rate increased in May by 0.2 percentage point

to 63.8 percent, offsetting a decline of the same amount in April. The employment-

population ratio edged up to 58.6 percent in May. (See table A-1.)

 

The number of persons employed part time for economic reasons (sometimes referred to

as involuntary part-time workers) edged up to 8.1 million over the month. These

individuals were working part time because their hours had been cut back or because

they were unable to find a full-time job. (See table A-8.)

 

In May, 2.4 million persons were marginally attached to the labor force, up from 2.2

million a year earlier. (The data are not seasonally adjusted.) These individuals were

not in the labor force, wanted and were available for work, and had looked for a job

sometime in the prior 12 months. They were not counted as unemployed because they had

not searched for work in the 4 weeks preceding the survey. (See table A-16.)

 

Among the marginally attached, there were 830,000 discouraged workers in May, about the

same as a year earlier. (The data are not seasonally adjusted.)  Discouraged workers are

persons not currently looking for work because they believe no jobs are available for

them. The remaining 1.6 million persons marginally attached to the labor force in May

had not searched for work in the 4 weeks preceding the survey for reasons such as school

attendance or family responsibilities. (See table A-16.)

 

Establishment Survey Data

 

Total nonfarm payroll employment changed little in May (+69,000), following a similar

change in April (+77,000). In comparison, the average monthly gain was 226,000 in the

first quarter of the year. In May, employment rose in health care, transportation and

warehousing, and wholesale trade, while construction lost jobs. (See table B-1.)

 

Health care employment continued to increase in May (+33,000). Within the industry,

employment in ambulatory health care services, which includes offices of physicians

and outpatient care centers, rose by 23,000 over the month. Over the year, health care

employment has risen by 340,000.

 

Transportation and warehousing added 36,000 jobs over the month. Employment gains in

transit and ground passenger transportation (+20,000) and in couriers and messengers

(+5,000) followed job losses in those industries in April. Employment in both industries

has shown little net change over the year. In May, truck transportation added 7,000 jobs.

 

Employment in wholesale trade rose by 16,000 over the month. Since reaching an employment

low in May 2010, this industry has added 184,000 jobs.

 

Manufacturing employment continued to trend up in May (+12,000) following a similar

change in April (+9,000). Job gains averaged 41,000 per month in the first quarter of

this year. In May, employment rose in fabricated metal products (+6,000) and in primary

metals (+4,000). Since its most recent low in January 2010, manufacturing employment has

increased by 495,000.

 

Construction employment declined by 28,000 in May, with job losses occurring in specialty

trade contractors (-18,000) and in heavy and civil engineering construction (-11,000).

Since reaching a low in January 2011, employment in construction has shown little change

on net.

 

Employment in professional and business services was essentially unchanged in May. Since

the most recent low point in September 2009, employment in this industry has grown by

1.4 million. In May, job losses in accounting and bookkeeping services (-14,000) and in

services to buildings and dwellings (-14,000) were offset by small gains elsewhere in

the industry.

 

Employment in other major industries, including mining and logging, retail trade,

information, financial activities, leisure and hospitality, and government, changed

little in May.

 

The average workweek for all employees on private nonfarm payrolls edged down by 0.1 hour

to 34.4 hours in May. The manufacturing workweek declined by 0.3 hour to 40.5 hours, and

factory overtime declined by 0.1 hour to 3.2 hours. The average workweek for production

and nonsupervisory employees on private nonfarm payrolls was unchanged at 33.7 hours.

 

In May, average hourly earnings for all employees on private nonfarm payrolls edged up

by 2 cents to $23.41. Over the past 12 months, average hourly earnings have increased

by 1.7 percent. In May, average hourly earnings of private-sector production and

nonsupervisory employees edged down by 1 cent to $19.70. (See tables B-3 and B-8.)

 

The change in total nonfarm payroll employment for March was revised from +154,000 to

+143,000, and the change for April was revised from +115,000 to +77,000.

 

Commercial Real Estate Outlook Brightens Winston Rowe & Associates

Real estate executives at last Friday’s Akerman U.S. Real Estate Summit in Miami are more optimistic about the commercial real estate market than in the recent past. In a survey of participants, 82 percent of respondents expressed greater confidence and an improved outlook for the industry, a 6 percent increase over last year, with 50 percent citing the improving U.S. economy as the primary driver for their optimism.

There was broad consensus among survey respondents that the multifamily sector would be the most active in terms of the number of real estate transactions, foreign investment and return to pre-recession development levels in 2012, the organizers said.

“The outlook for the commercial real estate industry in 2012 is bright, but the recent recovery is still tenuous, and could be dampened by a range of factors, including the continued uncertainty in Europe, persistent restraints on debt and equity financing and the threats to the health of the U.S. economy due to rising energy costs,” said Richard Bezold, chaiman of the Akerman National Real Estate Practice Group.

Respondents cited the policies of the current administration (38 percent) and global economic uncertainty (30 percent) as reasons for a lack of confidence in the industry’s outlook for 2012.

Most respondents (43 percent) cited availability of credit as the most pressing issue facing the real estate industry right now. However, that number is down 10 percent from 2011. The belief that uncertainty of government policy is the number one concern for the industry has doubled to 25 percent this year.

Commercial Real Estate Outlook Improving Winston Rowe & Associates

Winston Rowe & Associates is beginning to see the commercial real estate market to be in the early phase of a cyclical recovery.

They are finding that real estate investment performance continues to display favorable conditions, a result of historically low borrowing rates and a modest inflationary outlook. Very limited new supply and rising demand is buoying real estate fundamentals for most property types.

CRE investors that would like additional information about Winston Rowe & Associates can contact them at 248-246-2243 or visit them on line at http://www.winstonrowe.com

Recent activity at Winston Rowe & Associates is indicating that commercial real estate investor interest to date has been focused on top-tier assets in prime markets and is thus reflected in bifurcated cap rates, with rate compression in those select markets and assets. At this early phase of the real estate recovery, we believe the real estate asset class can provide very attractive return opportunities relative to other alternatives.

The strongest markets include New York City, San Francisco/San Jose, Seattle, Washington, D.C., Boston and Houston, with value-add and new development emerging as popular strategies in this sector. However, with this rapid increase in new development comes a moderate risk of excessive supply in the next two to three years.

Winston Rowe & Associates has an excellent knowledge based investor resource for commercial real estate valuation and market analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

At Winston Rowe & Associates they focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve our customers’ goals. Their professional staff is dedicated to streamlining the loan process and providing unsurpassed lines of communication.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront free commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

No Upfront Fee Commercial Real Estate Loans Nationwide

Winston Rowe & Associates a no advance fee national secondary market commercial finance firm that offers commercial real estate loans for all asset types and class.

They provide their clients with a private banking approach through specialized lending solutions to quickly and efficiently determine the best options for their clients.

Real estate investors seeking additional information about Winston Rowe & Associates can contact them at 248-246-2243 or visit them on line at http://www.winstonrowe.com

Winston Rowe & Associates Financing Solutions:

Loan Amounts From $1,000,000 through $500,000,000
Hard Money Bridge Loans Fast 2 Week Closings
Private Equity Solutions
Small Business Administration (SBA) Loans
Purchase, Refinance & Portfolio Repositioning
Bank Discounted Note Financing (DPO)

Eligible Commercial Properties Include:

Multi-family
Single Family Residential
Office
Industrial
Mixed Use
Hotels
Special Purpose
Retail
Health Care

Winston Rowe & Associates has an excellent knowledge based investor resource for commercial real estate valuation and market analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

At Winston Rowe & Associates they focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve our customers’ goals. Their professional staff is dedicated to streamlining the loan process and providing unsurpassed lines of communication.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront free commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

National Commercial Real Estate Markets Improving 2012 Winston Rowe & Associates

Based on the most recent 2012 CRE market analysis by Winston Rowe & Associates, a no upfront front fee commercial real estate financing firm has found that the national commercial real estate markets are in the early phase of a cyclical recovery for 2012 and 2013.

On a national basis commercial real estate investment performance continues to display favorable conditions, a result of historically low borrowing rates and a modest inflationary outlook. Combined with a very limited new supply and rising demand is buoying real estate fundamentals for many sectors throughout the US economy.

Prospective clients seeking additional information about Winston Rowe & Associates can contact them at 248-246-2243 or go to their web site at http://www.winstonrowe.com

Strongest Markets:

The strongest markets include New York City, San Francisco/San Jose, Seattle, Washington, D.C., Boston and Houston, with value-add and new development emerging as popular strategies in this sector. However, with this rapid increase in new development comes a moderate risk of excessive supply in the next two to three years.

Office Sector:

Contrary to many expectations, the office sector has been second place nationally in both absorption and rent growth. Office vacancy declined from 16.5 percent in the fourth quarter of 2010 to 16.0 percent in the fourth quarter 2011, and rents increased by 3.0 percent during 2011.

Industrial Sector:

The industrial sector has shown strong improvement, with six consecutive quarters of positive net absorption (162 million sq. ft.) and vacancy declining from 14.3 percent in the fourth quarter 2010 to 13.6 percent in the fourth quarter of 2011.

Retail Sector:

Retail absorption nationally turned slightly positive in 2011, marking the first year of positive net absorption since 2007. Despite the positive absorption, vacancy remained unchanged at 11 percent as a result of an equal amount of new deliveries.

Following three years of rent declines, retail effective rents were unchanged in 2011. Retail is a divided sector, despite relatively robust consumer spending over the past six months: Necessity and high-end retailers are doing well, while middle retailers are being squeezed. They do not anticipate any meaningful rent growth until late 2012.

Hospitality Sector:

The hotel sector has had continued solid operating performance, with growth in revenue per available room of 7 percent in 2011, enhanced by robust corporate travel. While a weak economic recovery and high fuel prices remain risks to room demand in 2012, muted supply growth may provide a boost to occupancy.

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning financial products that best achieve their client’s goals.

Winston Rowe & Associates has no upfront free commercial real estate financing solutions and in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

2012 CRE Economic Outlook Improving Winston Rowe & Associates

Winston Rowe & Associates is a national no upfront fee commercial real estate finance firm specializing in complex real estate transactions for acquisition, portfolio repositioning and refinancing.

Prospective commercial real estate investors can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com
2012 Commercial Real Estate Economic Outlook:

Winston Rowe & Associates is beginning to see an early phase of a cyclical recovery throughout the commercial real estate major markets with properties bottoming out and starting to stabilize.

Real estate investment performance continues to display favorable conditions, a result of historically low borrowing rates and a modest inflationary outlook. Very limited new supply and rising demand is buoying real estate fundamentals for most property types.

Strongest Markets:

The strongest markets include New York City, San Francisco/San Jose, Seattle, Washington, D.C., Boston and Houston, with value-add and new development emerging as popular strategies in this sector. However, with this rapid increase in new development comes a moderate risk of excessive supply in the next two to three years.
High-tech, energy and professional and business services markets such as Austin, San Francisco/San Jose, Seattle, Houston and New York City outperformed, while markets with high levels of federal, state and local government employment remained weak.

Port markets posted the greatest absorption, including the Inland Empire, Oakland, Houston and Miami, as well as select inland markets, including Dallas, Atlanta and Central Pennsylvania. Large warehouse properties are seeing the greatest space demand to date, with opportunities present in build-to-suit and speculative development in select markets. Overall, industrial rent growth continues to lag, but growth is generally forecast in 2012 as long as demand continues to grow and landlord concessions decline.

Retail absorption nationally turned slightly positive in 2011, marking the first year of positive net absorption since 2007. Despite the positive absorption, vacancy remained unchanged at 11 percent as a result of an equal amount of new deliveries.
Following three years of rent declines, retail effective rents were unchanged in 2011.

Retail is a divided sector, despite relatively robust consumer spending over the past six months: Necessity and high-end retailers are doing well, while middle retailers are being squeezed. We do not anticipate any meaningful rent growth until late 2012. We also anticipate construction to be minimal, holding vacancy in check.

Hotel The hotel sector has had continued solid operating performance, with growth in revenue per available room of 7 percent in 2011, enhanced by robust corporate travel. While a weak economic recovery and high fuel prices remain risks to room demand in 2012, muted supply growth may provide a boost to occupancy.

Winston Rowe & Associates has an excellent knowledge based resource for commercial real estate valuation and market analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront free assisted living facility financing in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Assisted Living Investors Turning To Winston Rowe & Associates No Upfront Fees

Winston Rowe & Associates a no upfront fee national commercial real estate advisory firm structuring complex financing solutions assisted living facilities. Healthcare real estate financing solutions include; assisted living facilities, independent care facilities, skilled nursing facilities, medical office buildings, surgery centers, not-for-profit hospitals, and proprietary hospitals.

They offer healthcare real estate loans from One Million up to Five Hundred Million Dollars. Winston Rowe & Associates financing solutions are not only competitive, but also best pricing for healthcare financing.

Borrowers, owners and investors can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

Winston Rowe & Associates offers the best in institutional and private money financing programs. When you call them with a loan scenario, they quickly assess what type of financing is appropriate for your situation.

Healthcare Financing Options:

Location: Nationwide
No Upfront or Advance Fees
Close in 30 Days With a Complete Submission
Loan Amounts $1,000,000 – $500,000,000
Loan Options: Fixed and Adjustable
Amortization: 20, 25, 30 Years.
Term: 5, 7, 10, 15, 25, 30 Years

Winston Rowe & Associates has an excellent knowledge based resource for commercial real estate valuation and market analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront free assisted living facility financing in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Why Banks Are Not Lending In 2012 Winston Rowe & Associates

Winston Rowe & Associates, a national no upfront fee private capital firm that specializes in asset based lending for commercial real estate. They have prepared this news article to identify the issues of why the banking industry is still not lending on a large scale basis.

If you would like more information about Winston Rowe & Associates and their capital deployment objectives for 2012, prospective clients can contact them at 248-246-2243 or check them out on line at http://www.winstonrowe.com

Given all the media attention to the recent plight of small businesses in seeking business loans, it is easy to get mad at banks for keeping their vaults closed tight regarding small business lending, a trend expected to continue in 2012.

First, most financial institutions are fearful of current and future government regulations. For example, the credit card reform act of last year has really done nothing to protect consumers from crushing debt. All it has done is make it more burdensome for credit card companies and banks to issue and manage these accounts. In response, banks and other lenders is either passing along these new costs to account holders or telling potential borrowers no.

Further, with the recent passage of the financial reform bill in 2010, banks and other lenders are sitting tight waiting until all the provisions of the bill are written into law and these organizations have the chance to see how the new bill will affect how they operate their businesses – especially in how they underwrite business loans.

Second, while we seem to be getting beyond the housing crisis and all the bad or subprime loans that defaulted in 2009 and 2010, we have yet to see the impact that similar commercial property loans and their impending defaults will have on our lending institutions.

Many banks and other commercial property financiers are still sitting on tons of bad commercial property loans; many that are already in default or approaching it quickly – especially since our so called recovery is barely inching forward. Thus, until the banks can get a hold of their commercial loan portfolios, they will continue to hold tight the strings on future lending to small businesses.

Lastly, and most importantly, while banks and other lenders continue to see high demand for business loans they are not seeing very qualified borrowers. Many business owners, hit by this recession have, over the past two plus years, seen their revenue and thus net income drop substantially as well as watched their personal and business credit scores crash and burn. At the same time, mostly due to the factors mentioned above, banks have been increasing their lending criteria requiring higher levels of net income or cash flow and higher credit scores.

Winston Rowe & Associates has an excellent knowledge based resource for commercial real estate valuation and market analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront free private commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Who Is Winston Rowe At Winston Rowe & Associates

Winston Rowe & Associates is NOT a United States Securities Dealer or Broker, Depository Bank, Lender or U.S. Investment Adviser. Winston Rowe & Associates is a business name used for business trade name and business identity purposes and is NOT a real person living or dead.

The use of trade names and company identities is a well established practice throughout business in the United States of America; such examples include without naming names because of trade mark infringement are, fast food restaurant chains, national food companies, consumer product companies automobile manufacturers and house hold washer and dryer manufacturers.

Winston Rowe & Associates consulting practice works with a number of banks, private investors, capital sources and hard money private lenders that do in some cases charge fees for updated; reports, surveys, appraisals, engineering and legal fees as part of their normal course of business and pursuant to their corporate policies.

Winston Rowe & Associates is paid a commission for its consulting services, which is a percentage of the gross financing amount pursuant to the executed Letter of Interest. This is paid from escrow at closing, Winston Rowe & Associates does not charge upfront fees.

If a clients reporting requirements are current, then generally there are no fees charged to the client in advance.

These costs and fees are paid directly to the said entities, not to Winston Rowe & Associates. Furthermore Winston Rowe & Associates is not paid a portion or percentage of costs or fees paid to a capital source(s) except Winston Rowe & Associates agreed upon commissions from escrow.

Winston Rowe & Associates capital sources will issue a firm commitment or term agreement prior to any fees paid.

Commercial Bridge Loans Explained Winston Rowe & Associates No Upfront Fees

Commercial Bridge Loans Explained

Commercial real estate bridge loans are relativity straight forward. When a developer wants to purchase a piece of commercial real estate, and needs time to undertake some task such as property improvement, finding a tenant, or selling the property, commercial real estate bridge loans make this happen.

If you’re interested in learning more about bridge loan financing for purchase or refinance. You can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

Uses & Deployment Scenario of Bridge Loans:

Bridge loans are short term and are planned around terms of six months to two years.
This type of loan can be thought of as a “financing bridge” that takes place between the acquisition and development of a property and the time before a permanent, traditional take-out loan is enacted.

They can be useful in situations where a borrower wants to purchase a commercial building and is approved for a SBA loan or another type of long term conventional financing.

The loan enables the borrower to go ahead and purchase the property and establish a good, solid operating history that qualifies it for conventional, long-term financing.

Winston Rowe & Associates has an excellent knowledge based investor resource for commercial real estate valuation and market analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

Winston Rowe & Associates has no upfront free commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Debtor In Possession (DIP) Financing Explained Winston Rowe & Associates

Winston Rowe & Associates, a no upfront fee commercial finance firm provides Debtor in Possession (DIP) financing which is a special form of financing granted to companies in financial trouble. Typically these companies are in a Chapter 11 bankruptcy. The unique feature of a DIP loan is that the bankruptcy court usually grants a super priority status to the new loan.

This means that the new loan gets to jump in front of any mezzanine financing and any senior mortgages in the debt stack. It is important to understand that DIP financing is used to provide new operating capital and is not intended to pay off any current debt or obligation associated with the sponsor or entity.

Prospective clients with questions concerning their financing options for debtor in possess chapter 11 financing can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

DIP financing is unique from other financing methods in that it usually has priority over existing debt, equity and other claims. DIP financing is considered attractive because it is done only under order of the Bankruptcy Court, which is empowered by the Bankruptcy Code. Debtor-in-Possession financing can also provide corporate bankruptcy financing to engage in a prepackaged business bankruptcy where the asset based lender providing DIP financing supplies the funds to work out a settlement with creditors up front, in order to walk into corporate bankruptcy court with this pre-packed settlement.

Asset based lending sources provide Debtor-In-Possession financing following the filing of either a voluntary or involuntary corporate bankruptcy proceeding utilizes the same fundamental asset valuation approach to provide the loan as it would utilize for a company not in business bankruptcy.

The availability of DIP financing may depend on the perceived viability of the company
during the proceeding and on its ability to successfully complete a Plan of Reorganization (POR). The Plan of Reorganization must specify how the debtor intends to pay the creditors and Debtor-in-Possession financing is a means toward that end.

Potential Applications:

Bankruptcy Financing: Voluntary or Involuntary Bankruptcy
Plan of Reorganization
Restructuring
Turnaround Financing

Winston Rowe & Associates also has an excellent knowledge based free investor resource for commercial real estate investing, valuation and analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront fee debtor in possession financing in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Please Protect Our Economy And Buy American

The United States is in open competition with the same countries from which we buy our goods and finance our government. These countries supply our consumption while simultaneously competing fiercely against our companies in international markets. Nations like India, Japan, and China, along with trade blocs like the European Union, rail against the U.S. when we use “protectionism” because they do not want to have their unfettered access to our market tampered with.

Other countries, like China and Japan, protect their companies by putting limits and restrictions on the amount of American-made goods flowing into the markets. The United States puts up no such regulations, and is thus flooded with foreign-made goods.

NAFTA, and other “free trade” agreements, favor the foreign producers. We are told by the WTO and the EU that we cannot and should not protect our own economy. Through “free trade” the U.S. must open itself to all foreign interests.

Our government has eroded its own regulations regarding capital infusions, mergers and acquisitions, and foreign-takeovers. To make matters worse, most successful American companies are for sale on an open stock market. As a result the United States has lost thousands of companies to foreign takeovers in the past 30 years, and stands to lose even more as the economic crisis deepens.

The same cannot be said of other countries, where takeovers are closely regulated and major industrial champions rarely – if ever – get purchased by an interest overseas.

Most Americans do not realize the gravity of the situation because so much of the media attention is directed in favor of the “free trade” system that has bankrupted us. Scholars, politicians, professionals, and others from all walks of life have been indoctrinated into the idea that “free trade” is the best and only way to do business.

Our political leaders believe in this whimsical idea, and those that do not preach the fallacies of “free trade” are bought and paid for by major corporate interests and foreign lobbies.

Our factories are shuttered and our industries are unproductive. This country imports consumer goods that could and should otherwise be made at home. It exports its wealth, strength, and prestige in exchange.

With no internal capabilities remaining we are now insourcing foreign corporations to manufacture in the U.S. for their own profit and benefit. States fight over who will land the next contract.

There are thousands of foreign-owned, American-registered companies in the United States. Many of the automobile factories which presently supply our car market are foreign-owned.

Our state, local, and federal governments continue to offer tax breaks and subsidies to these foreign companies in exchange for a few American jobs even after this practice drove our own automakers to the point of dissolution.

In the near future we may find our living standards diminished and our prospects for growth and economic independence dampened. Without any homegrown industries to drive a comeback we will be forced to be content with our diminishing status.

While formerly living in the lap of luxury we allowed the greatest economy on earth to fall apart by living on imports and foreign financed debt. The “me first” mentality which drove this country has pushed us into a crisis from which we will not return unless we immediately fix our problems.

2012 Economic Numbers – Is Washington Smoking Crack Or Eating Too Much Sugar?

We all know that eating too much sugar is bad for us and smoking crack is even worse. Unless you are a U.S. representative or the head of or work for the Federal Reserve in Washington, someone should check their lunch boxes on the way into work every day for those sugary snacks and crack pipes. Here’s why.

The U.S. financial system is like a junkie that needs continually increasing amounts of “junk” to get the same “buzz”. 

So what is the U.S. financial system addicted to?  It is addicted to money and debt.  For many years, whenever the Federal Reserve would lower interest rates or the U.S government would borrow and spend more money, the U.S. economy would respond positively.  But just like with any other kind of artificial stimulation, over time it has taken greater and greater amounts of debt and cheap money to get a response from our economic system.  So yes, the fact that the official unemployment rate went down 0.1%  last month is good news, but considering the massive amount of spending that the U.S. government is doing and considering the gigantic quantity of money that the Federal Reserve is injecting into the financial system, the truth is that the unemployment rate should be falling much faster than that. 

So don’t be fooled by the good economic numbers and don’t be fooled by the financial “sugar rush”.  The U.S. government and the Federal Reserve have been pulling out all the stops to stimulate the economy, and the fact that all of their efforts are barely moving the unemployment rate at all is an indication of just how far our economic situation has degenerated.

Many in the mainstream media were extremely excited when the U.S. Bureau of Labor Statistics announced that the U.S. unemployment rate declined to 8.8% in March.  U.S. stocks soared as investors enthusiastically welcomed the news.  But should we all really be jumping up and down over this?

The truth is that some other measures show that the unemployment situation in the United States is becoming worse.

According to Gallup, the number of Americans that are either unemployed or working part-time but desiring full-time work actually rose from 19.8 percent in February to 20.3 percent in March.

So let us not get too excited about the employment situation.  Yes, unemployment is not spinning wildly out of control at the moment and that is good news.

However, when you look at the larger picture things look rather grim.

What the U.S. government and the Federal Reserve have been doing is that they have been mortgaging our future big time for short-term economic gain.

This year alone, the U.S. government is going to run an all-time record budget deficit of approximately 1.6 trillion dollars.  By borrowing 1.6 trillion dollars that we do not have and spending it into the system, it does stimulate the economy.

There are some members of Congress that would like to implement substantial budget cuts, but most members of Congress fear doing too much budget cutting right now because it would “harm the economy”.

And you know what?  They are right – budget cuts would harm our economy in the short-term.

But continuing to pile up all of this debt is setting the stage for an absolute economic nightmare in the mid to long term.

We have lived far, far beyond our means for decades, and most of our politicians are acting like this can go forever.

But tell me, does anyone out there actually believe that we can keep expanding the national debt like this indefinitely?

Washington’s Make Believe Economy By Winston Rowe and Associates

Overview:

One of the missed opportunities I have discussed in the past is using macro-economic trends in order to adjust forecasts. This type of adjustment would be performed at the top-level of the hierarchy, and in fact could be done for all products, if the product database in question is sensitive to macro-economic factors. Most products are, with their being a wide variation with consumer non-durables being on one end of the spectrum, and housing related industries being on the other.

Where is the Challenge

The challenge is certainly not in the technology side, as long as you have the right application. The best way to apply a top down macro-economic factor is by attribute. For instance, the overall product database can be coded something like the following:

Macro-Economic Affected Products

Macro-Economic Semi-Affected

Macro-Economic Unaffected Products

The macro-economic factor that is used (unemployment, GDP growth, housing starts, etc..) can then be applied to varying degrees in the first two categories, and not at all in the third category. This of course is only one example for demonstration purposes. There could be 10 different categories like this, and multiple macro-economic factors used. For instance if different macro-economic factors were used, the coding could be the following:

Unemployment Statistics Applied

GDP Growth Applied

Housing Starts Applied

No Macro-Economic Factor Applied

As soon as this coding is performed, the descriptions added would appear right in the application data view, so that it is easy to apply the increase or decrease though a top down forecast.

The Data

So, the technology exists to easily do this, however, the problem actually lies in getting the right data. This is because the data released by the government has been so adjusted for political purposes that it is no longer a reflection of what is happening in the economy. These are the descriptive statistics that are quoted in news programs that we collectively used to measure the health of the economy and even the fairness of the economy, and they have been helplessly jerry-rigged. A few examples are listed below:

The government knows that the unemployment rate is a statistic with great implications. Therefore multiple administrations have adjusted the number from its original calculation to make it look as low as possible.

Inflation controls the cost of living increases that are paid to employees by both the government and private companies. In order to minimize the cost of increases, institutional power (both public and private) has an incentive to use a calculation method that minimizes the inflation rate.

These are just two examples of manipulated statistics, but there are many others. In what appears to be an unending attempt to control public perception, there are few government statistics that have not been “adjusted” over the past five decades. If a forecast adjustment model is based upon false economic statistics, it will not be effective, and will gradually be seen as a non-value add. One wonders how many macro-economic adjustments to forecasts have been abandoned because of this simple fact. Walter J. Williams has the following story which describes this exact thing:

One of my early clients was a large manufacturer of commercial airplanes, who had developed an econometric model for predicting revenue passenger miles. The level of revenue passenger miles was their primary sales forecasting tool, and the model was heavily dependent on the GNP (now GDP) as reported by the Department of Commerce. Suddenly, their model stopped working, and they asked me if I could fix it. I realized the GNP numbers were faulty, corrected them for my client (official reporting was similarly revised a couple of years later) and the model worked again, at least for a while, until GNP methodological changes eventually made the underlying data worthless. Despite minor changes to the system, government reporting has deteriorated sharply in the last decade or so. – Walter J. Williams

The unemployment rate has been at roughly 9% for some time. However, ShadowStats shows it as roughly 23%. This is due to a number of factors such as workers who leave the workforce because they have been looking for so long they are discouraged. US Government statistics do not count these people. In fact almost all the recent reduction from 9% to 8.5% unemployment was due to people leaving the workforce, yet it was still celebrated in the media.

The inflation rate is currently shown as 4% per year, however ShadowStats estimates a full 2.5 percentage points higher, or 6.5%. Furthermore, ShadowStats shows this differentials for years. If a person made $50,000 in 2010, they would need to have made $53,250 in 2011 and $56,711 in 2012 in order for their standard of living to just be maintained. Most companies tend to give out 3% raises, so every year, unless a person is promoted, or moves to a new job, companies pay less for their employees, and a major way they do this is by colluding with the government (though various conservative think tanks such as the Heritage Foundation or the Hoover Institute) in order to keep the real inflation rate hidden.

Conclusion

US Government economic statistics have been so manipulated over time that they are no long a reliable gauge for the state or performance of the economy, and any company which desires to use macro-economic variables will need to pay a source like ShadowStats in order to get numbers that can be used in a causal model to adjust the product forecast.

The Real Economy vs. Washington’s Make Believe Economy

Winston Rowe & Associates has been reviewing the recent number of people seeking unemployment benefits fell to the lowest point in almost four years last week, the latest signal that the job market was steadily improving. Or is this the government reworking the numbers?

In the real economy, unemployment is at Depression-era levels

In the real economy, bank loan loss rates will be higher than the Depression.

In the real economy, government revenue is at its lowest level since the Depression, and most states are on the verge of bankruptcy.

In the real economy, the world economy is crashing faster than during the Depression.

But in the make-believe world of the government and the financial giants, the recession is over.

How do they do it?

Well, as I noted a couple of days ago, the boys use:

•High-frequency trading, program trading-based front running, and other computer-based manipulation of the markets

•Creation and manipulation of bubbles

•The Plunge Protection Team

•Intervention in the gold, currency markets, and bond markets

•Bear raids, naked short selling, and credit default swap holders driving companies into bankruptcy

•Years ago, the government reporting some basic economic indicators like M3, and moved away from real economic indicators like U-6 unemployment and inflation and substituted economic indicators like “U-3” and “core inflation” to cover up what is really happening

•Normal accounting and reporting rules have been suspended, so that companies can pretend that worthless derivatives, CDOs, subprime mortgages and other “toxic assets” are worth perhaps time times more than they are really worth. Indeed, as of 2006, “President George W. Bush has bestowed on his intelligence czar … broad authority, in the name of national security, to excuse publicly traded companies from their usual accounting and securities-disclosure obligations.” One or more treasury department officials also actively allowed banks to “cook their books”

•Bernanke is apparently almost single-handedly responsible (using the Fed’s network of primary dealers) for the current rise in the stock market

•The government also uses its preferred dealers to launder money through the Exchange Stabilizing Fund (ESF), to prop up the dollar or otherwise game currencies (see this and this)

•The largest derivatives holders use their Counterparty Risk Management Policy Group (CRMPG) to literally collude – exchange secret information and formulate coordinated mutually beneficial actions – all with the government’s blessings

•Wall Street analysts just ignore fines, penalties and expenses in earnings projections (in the words of a Bloomberg commentary, they “Keep Telling Big Earnings Lie”)

•The sales of U.S. Treasury bonds are heavily gamed. Indeed, as Rob Kirby and Ellen Brown point out, Bernanke and the boys apparently use hedge funds in the Cayman Islands to launder huge sums of dollars printed by the Fed to secretly buy U.S. treasuries:

 

In 2005, this scheme evidently went into high gear, when China and Japan, the two largest purchasers of U.S. federal debt, cut back on their purchases of U.S. securities. Market “bears” had long warned that when foreign creditors quit rolling over their U.S. bonds, the U.S. economy would collapse. They were therefore predicting the worst; but somehow, no disaster resulted. The bonds were still getting sold.

The question was, to whom? The Fed identified the buyers as a mysterious new U.S. creditor group called “Caribbean banks.” The financial press said they were offshore hedge funds. But Canadian analyst Rob Kirby, writing in March 2005, said that if they were hedge funds, they must have performed extremely poorly for their investors, raking in losses of 40 percent in January 2005 alone; and no such losses were reported by the hedge fund community.

He wrote:

The foregoing suggests that hedge funds categorically did not buy these securities. The explanations being offered up as plausible by officialdom and fed to us by the main stream financial press are not consistent with empirical facts or market observations. There are no wide spread or significant losses being reported by the hedge fund community from ill gotten losses in the Treasury market. . . . [W]ho else in the world has pockets that deep, to buy 23 billion bucks worth of securities in a single month? One might surmise that a printing press would be required to come up with that kind of cash on such short notice.4

In September 2005, this bit of wizardry happened again, after Venezuela liquidated roughly $20 billion in U.S. Treasury securities following U.S. threats to that country. Again the anticipated response was a plunge in the dollar, and again no disaster ensued. Other buyers had stepped in to take up the slack, and chief among them were the mysterious “Caribbean banking centers.” Rob Kirby wrote:

I wonder who really bought Venezuela’s 20 or so billion they “pitched.” Whoever it was, perhaps their last name ends with Snow [referring to then-Treasury Secretary John Snow] or Greenspan.

Those incidents were apparently just dress rehearsals for bigger things to come. In late 2005, the Federal Reserve (or “Fed”) announced that beginning in March 2006, it would no longer be publishing figures for M3 (the largest measure of the money supply). M3 has been the main staple of money supply measurement and transparent disclosure for the last half-century, the figure on which the world has relied in determining the soundness of the dollar. But the curtain was now to drop. What was it that we weren’t supposed to know?

March 2006 was also the month Iran announced it would begin selling oil in Euros. Some observers suspected that the Fed was gearing up to use newly-printed dollars to buy back a flood of U.S. securities dumped by foreign central banks. Another possibility was that the Fed had already been engaging in massive dollar printing to conceal a major derivatives default and was hiding the evidence. [See this and this.]

But the problem isn’t just that the government and financial giants are hiding the bad news in the real economy.

The bigger problem is that the government has been strengthening the parasite – the fake economy of derivatives and securitization and leverage and cut-outs and front men and cooked books – and poisoning the real economy.

 

Office Building No Upfront Fees Commercial Loans

Office Building Financing No Upfront Fees

Winston Rowe & Associates specializes in office building and industrial park financing, they have the very best permanent loans, fast funded private money loans, equity and structured investments, with no upfront fees for due diligence or the processing of a clients commercial real estate transaction.

As a boutique commercial real estate consultant they provide mortgage banking services for office buildings throughout major metropolitan markets within the US.

They lend strictly on commercial property that is being utilized as an investment by the borrower, their minimum loan amount is $1 Million with no limit.

Winston Rowe & Associates has a streamlined process for evaluating office building transactions that enables them to offer commercial real estate financing solutions for the following situations:

Acquisition
Investment Purchase
Time Sensitive Close
Rehabilitation
Un-stabilized property
Unfinished construction
Bad Credit
Un-bankable property type
Foreclosure prevention
Chapter 11 / Debtor in Possession Exit Financing
Cash out (Case by case basis)
Bridge Finance
Hard Money Loans
Private Money Mortgages

Commercial Real Estate Mortgage, Loans, No Upfront or Advance Fees

Winston Rowe & Associates commercial lending programs provide an alternative to traditional bank financing, without the upfront fees that is ideal for borrowers seeking commercial real estate loans ranging from $2 to $100 Million.

Winston Rowe & Associates has been one of the most trusted and respected private capital firms in the commercial real estate mortgage business.

As a Nationwide commercial mortgage finance firm Winston Rowe & Associates has programs for up to 80% LTV financing to qualified investors/borrowers for all commercial real estate e types.

Winston Rowe & Associates custom programs are best suited for borrowers who want or require maximum leverage on commercial real estate loans for purchases, refinances or bank cram downs. Their innovative program features include; 48 hour pre-approvals, long terms and amortizations, quick 30 – 45 day closings, multiple pricing options, and zero upfront fees to their clients.

Winston Rowe & Associates Commercial Real Estate Mortgage Advantages Include

No upfront or advance fees
Loan to value 80%
Loan amounts from $1,000,000 to $50 million
Purchase
Bank cram down financing
Refinancing (with limited cash out)
Close in 30 days with a complete submission
Remodeling/Conversions
Nationwide

Winston Rowe & Associates success is measured by our clients’ success, and their mission is to be your source for the most appropriate – and advantageous – commercial financing solution that helps you achieve your goals.

Commercial Loans Hotels – Motel Loans – No Upfront Fees

If you’re looking for hotel/motel financing that comes with customer service, look no further than Winston Rowe & Associates.

Their hospitality financing comes with experienced professionals that can explain your financing plan and how your repayment plan will work, so there’s no guesswork.

There’s little waiting time for hotel/motel financing, so you can purchase a property and start making a profit sooner.

Winston Rowe & Associates has been one of the most trusted and respected private capital firms in the hotel and motel financing business.

Are you ready to find out how much you’ll need to get started in hotel/motel ownership today? Are you a current hotel/motel owner, wondering how much you can save with a refinance through Winston Rowe & Associates?

The Winston Rowe & Associates Advantage:

No Upfront or Advanced Fees
Purchase, Refinance, Bank Cram Down Loans
$1,000,000 to $50 million
Up to 80% Loan to Value
Nationwide

Winston Rowe & Associates knows what a great investment opportunity hotel/motel ownership can be. They offer both mortgage financing and refinancing for an array of hotel owners or soon-to-be owners, for hotel acquisition and construction of new hotel properties.

Their experienced and enthusiastic hospitality professional team has the know how needed to make the loan process as easy as possible for our borrowers.

Winston Rowe & Associates success is measured by our clients’ success, and their mission is to be your source for the most appropriate – and advantageous – hotel financing solution that helps you achieve your goals.

No Upfront Fee Apartment, Office, Retail Commercial Loans

No Upfront Fee Apartment, Office, Retail Commercial Loans

Winston Rowe & Associates has been one of the most trusted and respected private capital firms in the country. They specialize in commercial loans without upfront fees.

They have commercial loan programs for purchases, new construction, cash outs or refinancing for; land, hospitality, office buildings, retail centers, special purpose, assisted living, medical buildings and industrial properties.

No Upfront Fee Commercial Financing General Guidelines:

Financing for all commercial property types nation wide
Purchase
Refinance
Bridge Loans
Bank Discount Note Financing
Exit Financing For Chapter 11
Financing is available nationwide
Foreclosure financing (Bank Cram Down)

Commercial Real Estate Property Types Considered:

Motels
Hotels
Apartments
Mixed Use
Resorts
Nursing Homes
Senior Apartments
Assisted Living Facilities
Nursing Homes
Hospitals
Shopping Centers
Truck Stops
Office Buildings
Automobile Dealerships
Day Care Centers
Golf Courses
C-Stores
Manufacturing Facilities
Movie Theatres

You can contact Winston Rowe & Associates at 248-246-2243 or visit their web site at http://www.winstonrowe.com

No Upfront Fee Apartment And Multifamily Loans

No Upfront Fee Apartment And Multifamily Loans

Winston Rowe & Associates has hassle free nationwide apartment and multifamily loan programs without upfront fees, for purchase, refinance or for bank discount note financing.

Unlike their competitors, they do not charge any upfront fees to review or submit your transaction.  They only accept transactions that their capital sources have a direct interest in.

Apartment & Multifamily Guidelines:

Multi-Family Housing Over 25 units and Assisted Living
Loans from $2,000,000 to $100,000,000
Up to 80% LTV  
Equity Cash-out, Acquisition, Refinance, Rehab
No Upfront Fees
Fixed Rates

Nationwide Loan Program Types:

Financing for all commercial property types nation wide
Purchase
Refinance
Bridge Loans
Bank Discount Note Financing
Exit Financing For Chapter 11
Financing is available nationwide
Foreclosure financing (Bank Cram Down)

Winston Rowe & Associate has their own in-house review staff with years of experience that will review your transaction and structure it in a way that will get you the best possible terms and the fastest funding possible, without the hassle of upfront fees.

Winton Rowe & Associate
31408 Harper Ave
Suite 147
Saint Clair Shore MI 48082
248-246-2243
processing@winstonrowe.com
http://www.winstonrowe.com

 

No Up Front Fee Commercial Property Loans Nationwide

No Up Front Fee Commercial Property Loans Nationwide

Unlike Winston Rowe & Associates competitors, they do not charge any upfront fees to review or submit your transaction.  They only accept transactions that their capital sources have an interest in.

Winston Rowe & Associate has their own in-house review staff with years of experience that will review your transaction and structure it in a way that will get you the best possible terms and the fastest funding possible.

No Upfront Fee Commercial Financing General Guidelines:

Financing for all commercial property types nation wide
Purchase
Refinance
Bridge Loans
Bank Discount Note Financing
Exit Financing For Chapter 11
Financing is available nationwide
Foreclosure financing (Bank Cram Down)

Commercial Property Types Considered:

Motels
Hotels
Apartments
Mixed Use
Resorts
Nursing Homes
Senior Apartments
Assisted Living Facilities
Nursing Homes
Hospitals
Shopping Centers
Truck Stops
Office Buildings
Automobile Dealerships
Day Care Centers
Golf Courses
C-Stores
Manufacturing Facilities
Movie Theatres

Winston Rowe & Associates company policy is not to charge any upfront fees for due diligence, processing loan file review from its clients.

You can contact Winston Rowe & Associates at 248-246-2243 or visit their web site at http://www.winstonrowe.com

How To Buy An Office Building With No Upfront Fees

How To Buy An Office Building With No Upfront Fees

Winston Rowe & Associates has been one of the most trusted and respected private capital firms in the country. They specialize in commercial loans without any upfront fees.  You can contact Winston Rowe & Associates at 248-246-2243 or http://www.winstonrowe.com

Buying an office building can be a great investment. Still, there are a number of things to consider before you buy an office building.

When the owner of an office building makes the decision to sell his asset, current tenants are often the first individuals he approaches as potential buyers.
From a tenant’s perspective, the idea of buying your office building can be tempting, but is it really a good idea?

There are a lot of upsides to purchasing your office building. For starters, unexpected rent increases become a non-issue. Investment income, asset appreciation, and increased autonomy aren’t bad benefits, either. Yet there are a lot of other considerations that need to be addressed before you take the plunge into commercial property ownership.

Initial Cash Outlay

The purchase of real estate requires a significant outlay of upfront cash. Although the bulk of the funding can be financed, lenders require a downpayment in the neighborhood of 10-20% of the purchase price. If you don’t have that much cash on hand, you’ll have to either divert funds from other areas of the business or recruit investors to raise the amount of cash you need. If your business isn’t in a position to do that, don’t even think about trying to buy your building.

Overhead Costs

The down payment isn’t the only cost associated with owning an office building. If the building is in bad shape, you’ll need to factor the cost of repairs into your calculations. Although tenants will be responsible for the upkeep of their own space, your ongoing expenses will also include the cost of maintaining common areas, landscaping, and parking lots, not to mention taxes and insurance.

Administrative Capacity

Owning an office building isn’t always a bed of roses. Sure it has its advantages, but it can be a lot of hard work, too, especially when it comes to managing the demands of finicky tenants. Even easy going tenants require a certain amount of administrative attention so you can be guaranteed that your administrative workload will increase once you assume ownership. If you don’t have the administrative capacity to absorb the increased workload, you’ll need to hire more help – an expense that can quickly wreak havoc on your efforts to make the purchase financially feasible.

Vacancies

Vacancies are the most frustrating aspect of commercial property ownership. Unlike residential rental properties, commercial properties don’t turnover quickly. It’s not uncommon for commercial spaces to lie dormant for many months before a qualified new tenant can be located. To do it right, your budget needs to account for a certain amount of vacancy as the cost of doing business. Contact a local real estate agent to get an estimate about the amount of vacancies that are reasonable for your area.

The Right Motive

Finally, it’s important to make sure you are purchasing the office building for the right motive. If your motive for purchasing your office building is simply to reduce your monthly expenses or turn a quick buck, you may need to reconsider your decision. However, if your motive is to invest in an asset with the potential for appreciation and a somewhat steady income stream, you’re probably on the right track.

Shopping Center Loans No Upfront Fees

Shopping Center Loans No Upfront Fees

If the shopping center loan amount is $2,000,000 or more, Winston Rowe & Associates can arrange non-recourse shopping center financing for purchase or refinancing, without the typical upfront fees that most companies charge.  You can contact Winston Rowe & Associates at 248-246-2243.

Winston Rowe & Associates only accepts clients that are established companies, on a limited basis (in business at least two years) who have revenues of at least $1 million, and who have substantial assets. Transactions are only considered in excess of $2,000,000., with no limit and are located within or near major metropolitan areas in the United States.

No Upfront Fees Shopping Center Loan Details:

Property Type: Anchored shopping centers, strip shopping centers, shopping malls, mini malls
Geographic region: Nationwide shopping center financing
Loan Function: Shopping center refinancing, loans for purchase of a shopping center
Loan Amount: $2,000,000 and over
Loan Terms: 5, 7, 10, 15 and 25 year term for shopping center loans
Amortization period: 25 to 30 years  
Assumable with fee
Loan-to Value: Strip shopping centers loans – 70% maximum LTV– Anchored shopping center financing  80% maximum LTV
Debt service coverage: Minimum 1.20x to 1.3x
Non-Recourse – Shopping center loans are non-recourse except for standard carve outs

Firm shopping center loan commitments issued in four weeks after receipt of documentation

Winston Rowe & Associates company policy is not to charge any upfront fees for due diligence, processing or loan file review from its clients.

You can contact Winston Rowe & Associates at 248-246-2243 or visit their web site and company blog at http://www.winstonrowe.com

Office Building Financing With No Upfront Fees

Office Building Financing With No Upfront Fees

If you want to expand your commercial office holdings and are looking for the best financial connection, then look no further than Winston Rowe & Associates, unlike most firms they have no upfront fees.  

Winston Rowe & Associates provides acquisition and refinance options for a wide range of properties and purposes including:

Single tenant, multi-tenant and credit tenant offices
Construction / Take-Out
Acquisition Loans
Permanent office building financing
Bridge and short term office building loans

Winston Rowe & Associates provides simple, successful commercial lending consulting services. They provide savvy business owners and investors with hassle-free commercial financing.

Winston Rowe & Associates only accepts clients that are established companies, on a limited basis (in business at least two years) who have revenues of at least $1 million, and who have substantial assets. Transactions are only considered in excess of $2,000,000., with no limit and are located within or near major metropolitan areas in the United States.
You can contact them at 248-246-2243 or apply on line at http://www.winstonrowe.com

Multifamily, Apartment Financing With No Upfront Fees

Multifamily, Apartment Financing With No Upfront Fees

Winston Rowe & Associates offer hard money, bridge financing for multifamily apartment housing communities, without upfront fees.  They have low fixed & ARM multifamily rates for permanent portfolio financing such as Fannie Mae, Freddie Mac, HUD, FHA, student housing, senior housing, manufactured housing communities, and assisted living facilities located Nationwide.

You can contact Winston Rowe & Associates at 248-246-2243.

Pricing for multifamily complexes depend on a variety of factors including strength of sponsor, current DSCR, available historical income documentation, current occupancy levels, class of the apartment, type of housing, LTV, & location.

Winston Rowe & Associates only accepts clients that are established companies, on a limited basis (in business at least two years) who have revenues of at least $1 million, and who have substantial assets. Transactions are only considered in excess of $2,000,000., with no limit and are located within or near major metropolitan areas in the United States.

Commercial Property Types Considered:

Motels
Hotels
Apartments
Mixed Use
Resorts
Nursing Homes
Senior Apartments
Assisted Living Facilities
Nursing Homes
Hospitals
Shopping Centers
Truck Stops
Office Buildings
Automobile Dealerships
Day Care Centers
Golf Courses
C-Stores
Manufacturing Facilities
Movie Theatres

Winston Rowe & Associates company policy is not to charge any upfront fees for due diligence, processing loan file review from its clients.

You can contact Winston Rowe & Associates at 248-246-2243 or visit their web site and company blog at http://www.winstonrowe.com

Commercial Real Estate Loans No Upfront Fees

Commercial Real Estate Loans No Upfront Fees

Winston Rowe & Associates offers expert funding for apartment loans, office, hotel, industrial or retail property loans, without any upfront fees. They are service oriented intermediaries giving you the underwriting expertise required by today’s tougher lending standards.

Whether you are a seasoned investor or new to the market, they are there help you explore your best options for commercial financing.

You can contact Winston Rowe & Associates at 248-246-2243.

Commercial Real Estate Considered:

Motels
Hotels
Apartments
Mixed Use
Resorts
Nursing Homes
Senior Apartments
Assisted Living Facilities
Nursing Homes
Hospitals
Shopping Centers
Truck Stops
Office Buildings
Automobile Dealerships
Day Care Centers
Manufacturing Facilities

Winston Rowe & Associates company policy is not to charge any upfront fees for due diligence,  loan file review from its clients.

Winston Rowe & Associates has been one of the most trusted and respected private capital firms in the country specializing in commercial real estate loans Nationwide. You can contact Winston Rowe & Associates at 248-246-2243 or http://www.winstonrowe.com

Commercial Mortgages, Commercial Real Estate Loans No Upfront Fees

Winston Rowe & Associates provides commercial real estate loans for income producing properties nationwide, without any upfront fees. Commercial real estate financing requires a tremendous amount of experience and knowledge and owning this type of property poses an amazing opportunity to the investors of that property.

Winston Rowe & Associates provides for their clients the experience and capital needed to fulfill their commercial property loan needs. Despite the credit crisis, Winston Rowe & Associates is still providing commercial real estate financing for commercial properties nationwide and for a diverse range of property types.

Winston Rowe & Associates has been one of the most trusted and respected private capital firms in the country. You can contact Winston Rowe & Associates at 248-246-2243 or http://www.winstonrowe.com

Commercial Real Estate Types Considered Nationwide:

Motels
Hotels
Apartments
Mixed Use
Resorts
Nursing Homes
Senior Apartments
Assisted Living Facilities
Nursing Homes
Hospitals
Shopping Centers
Truck Stops
Office Buildings
Automobile Dealerships
Day Care Centers
Manufacturing Facilities

Winston Rowe & Associates company policy is not to charge any upfront fees for due diligence, loan file review from its clients.

Bridge Loans For Apartment, Office Building & Retail No Upfront Fees

Bridge Loans For Apartment, Office Building & Retail No Upfront Fees

Winston Rowe & Associates has a wide range of commercial bridge loans for commercial real estate in need of fast capital which can be used for acquisitions, refinances, construction, or to even save a piece of valuable real estate from foreclosure.

When they receive a strong project from a borrower, Winston Rowe & Associates charges no upfront or advance fees to review or process clients transactions. Their financing products are simple to obtain, can be funded faster than any commercial mortgage, and are offered at surprisingly competitive rates.

Winston Rowe & Associates supplies the capital to make transactions that banks would never entertain. You can contact Winston Rowe & Associates at 248-246-2243 or http://www.winstonrowe.com

Winston Rowe & Associates provides for their clients the experience and capital needed to fulfill their commercial property loan needs. Despite the credit crisis, Winston Rowe & Associates is still providing commercial real estate financing for commercial properties Nationwide and for a diverse range of property types.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Apartment Complex Loans In Chicago No Upfront Fees

Apartment Complex  Chicago No Upfront Fees

Winston Rowe & Associates provides commercial financing solutions for apartment building investors in the Chicago market through their extensive contacts within the private capital markets.

You can contact Winston Rowe & Associates at 248-246-2243 or visit their web site at http://www.winstonrowe.com

Winston Rowe & Associates specializes in apartment building commercial mortgage loans over $2 Million, with no limit, without upfront or advance fees for due diligence, processing or the review of your apartment building transaction.

Apartment Complex Financing Solutions In Chicago IL Include:

No Upfront Fees
Nationwide Financing Solutions
Minimum Loan Amount $2,000,000 with no limit
80% Loan to Value
Transactions Fund Within 30 Days Upon Complete Submission

Winston Rowe & Associates offers an array of financing options to choose from, with the most competitive programs and interest rates available. Whether you are looking for commercial or investor property financing or creative “out of the box” financing alternatives, they can help.

Winston Rowe & Associates success is measured by our clients’ success, and their mission is to be their client’s source for the most appropriate and advantageous apartment building financing solutions that help clients achieve their goals.

Winston Rowe & Associates also provides apartment building loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Office Building Loans Medical Office Building Financing – No Upfront Fees

Office Building Loans Medical Office Building Financing – No Upfront Fees

Winston Rowe & Associates provides highly competitive medical office building loans for properties located nationwide. They have commercial financing solutions for commercial loan transactions with a minimum loan amount of $2,000,000 with no limit and without upfront fees.

You can contact Winston Rowe & Associates at 248-246-2243 or visit their web site at http://www.winstonrowe.com

Medical building loans include doctor office loans, veterinarian loans, assisted living facilities, independent senior housing, and anything that is related to the medical profession area.  

Medical building financing features:

No upfront fees
Financing nationwide
Loan Amounts From $2,000,000 With No Limit
Up to 80% LTV
Bond financing available for some medical property types
Non SBA options
Personal Service

Winston Rowe & Associates success is measured by their clients’ success, with their mission is to be their client’s source for the most appropriate and advantageous medical office building financing solutions nationwide that help clients achieve their goals.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates also provides medical building loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Private Money Loan Hard Money Loans No Upfront Fees

Private Money Loan Hard Money Loans No Upfront Fees

Winston Rowe & Associates provide private money or hard money loans for commercial real estate nationwide. Their clients often need fast sources of funding for purchases, refinances or other bridge loan situations. Most programs are interest only, with no pre-payment penalty, and have a term from 6 to 36 months, without upfront or advanced fees.

Feel free to contact them to discuss your shopping center financing needs at 248-246-2243 or visit their website at http://www.winstonrowe.com

The advantage of using Winston Rowe & Associates is that commercial real estate can be difficult to finance, especially when timeframes are tight. Some property types are very difficult to find funding for at all.

Winston Rowe & Associates can use the equity from one or more properties to get the funds property owners / investors require in a timely manner.

When flexibility is the name of the game, Winston Rowe & Associates is always ready.

Commercial Loan Program Highlights

No Upfront Fees
Nationwide
Rates Starting at 9.95% up to 60% LTV
Interest Only Loans
No Pre-Payment Penalty (most cases)
6 to 36 Month Terms
Fast Closing 5 to 30 Days

Winston Rowe & Associates are experienced in the commercial hard money lending space and can help you fund your commercial properties in a timely manner while keeping hassles to a minimum.

Call them if you are having trouble getting your loan closed or if you have a unique situation. Winston Rowe & Associates typically has the lowest rate and the best service in the business.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates also provides no upfront fee shopping center loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Commercial Loans In California – No Upfront Fees

Do you need a California commercial real estate loan or a nationwide financing solution, Winston Rowe & Associates can help, without upfront fees to review your transaction.

Feel free to contact them to discuss your California commercial real estate financing needs at 248-246-2243 or visit their website at http://www.winstonrowe.com

They provide a wide range of high-quality commercial and multifamily loans that can be tailored to fit any client’s particular commercial real estate financing needs.

Winston Rowe & Associates commitment to their customers means they work with clients through each step of the financing process, finding a solution that works best for their clients.

Whether purchasing a new property, searching for a California commercial real estate loan, or refinancing an existing commercial property, Winston Rowe & Associates has the necessary expertise to secure financing to achieve their clients investment goals.

No Upfront Fee Programs For The Following Property Types:

Apartment Buildings
Hotels
Office Buildings
Medical Buildings
Shopping Centers
Bridge Loans
Private / Hard Money Loans
Close In 30 Days

Call them if you are having trouble getting your loan closed or if you have a unique situation. Winston Rowe & Associates typically has the lowest rate and the best service in the business.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates also provides no upfront fee loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Commercial Real Estate Investing Winston Rowe & Associate No Upfront Fees

Commercial Real Estate Investing Winston Rowe & Associate No Upfront Fees

Winston Rowe & Associates has earned a reputation of doing things a little differently in the commercial real estate lending business; they do not charge upfront fees.

You can contact Winston Rowe & Associates at 248-246-2243 or visit their web site at http://www.winstonrowe.com

Investing in Commercial Real Estate:

Whether for speculative purposes or part of a long-term strategy, investors are never willing to engage in real estate investing unless the financial climate agrees.

The bottom line for investors trying to decide whether to buy or hold boils down to their ability to analyze the health of a property’s cash flow, rental demand, and rent rates; because these will change over time for any income-producing property in any area and a prudent investor will want to stay on top of it.

Key elements when analyzing rental property is the cash flow produced by the property (which simply stated is the difference between cash inflow and outflow). At all times any prudent investor engaged in real estate investing wants to know how well the investment is performing and subsequently whether it’s worth buying (or worth holding) based the climate of the property’s specific market.

Even if you accept the premise that rental property values will grow in value over time and will accumulate equity as you pay down the loan, you still need to be able to afford to hold onto the property. If the annual income you collect from the property, for example, does not cover the cash payments required running the property (i.e., mortgage payment and operating expenses) then you must decide whether you can afford to “feed” the property out of your personal budget as well as perhaps reduce your ability to invest capital in other markets.

You will need to research the building trends, available financing, employment, demographic, and other economic trends in the area to determine whether they are positive or negative. How are market conditions going to change in the near future? Listen to the experts and try to quantify their predictions. Is market value growth exceeding negative cash flow? In other words, do you anticipate that the property value anticipated over time offsets having to feed the property and you can afford to wait it out?

Winston Rowe & Associates mission is to be their client’s source for the most appropriate and advantageous apartment building financing solutions that help clients achieve their goals.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates also provides apartment building loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Commercial Loans In California Office Buildings No Upfront Fees

 

Winston Rowe & Associates provides commercial financing solutions for office building investors and owners in the Los Angeles, San Deigo, San Fransisco, Long Beach And Fresno California markets, with no upfront fees.

If you need to fund your transaction quickly contact Winston Rowe & Associates at 248-246-2243 or visit their web site at http://www.winstonrowe.com

Winston Rowe & Associates specializes in office buildings commercial mortgage loans in the California market over $2 Million, with no limit, for purchase and refinance.
Whether you are looking for commercial or investor property office building financing or creative “out of the box” financing alternatives, Winston Rowe & Associates can help.
California Commercial Office Building Financing Solutions Include:

No Upfront Fees
Nationwide Financing Solutions
Office & Medical Buildings
All Commercial Property Types Considered
Minimum Loan Amount $2,000,000 with no limit
80% Loan to Value
Discount Note Buyers
Transactions Fund Within 30 Days Upon Complete Submission

Winston Rowe & Associates success is measured by our clients’ success, and their mission is to be their client’s source for the most appropriate and advantageous office building financing solutions that help clients achieve their goals.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates also provides apartment building loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Apartment Complex Loans Boston Massachusetts No Upfront Fees

The Boston Massachusetts apartment building loans prove to be the most competitive type of loans in the commercial mortgage market.  Winston Rowe & Associates has apartment building, student housing and senior housing financing solutions for the purchase and refinance in the Boston Massachusetts market with no upfront or advance fees for processing your loan request.

Call Winston Rowe & Associates directly, if you are having trouble getting your loan closed or if you have a unique situation at; 248-246-2243 or visit their web site at http://www.winstonrowe.com

The Winston Rowe & Associates team has the experience necessary to navigate the complex process of medical building finance to ensure that clients get the best apartment building loan for their business situation.

Apartment & Multifamily Commercial Loan Programs:

No upfront or advance fees

Nationwide

Loan amounts start at $2,000,000 With no limit

Maximum loan to value: Apartment buildings are most frequently financed at 80% of value or cost

For long term fixed rate loans a small “mezzanine” piece can be added to the loan to yield an 85% LTV

Debt service coverage: The cash flow from operations must be at least 1.20 times the apartment mortgage loan payment

Term: 5, 7, 10, 15, 20 year terms are most common

Amortization: 25 or 30 years if apartment building is in good repair

Occupancy requirements: Most require 90% apartment building occupancy for 90 days in order to qualify for a permanent or conforming loan

Recourse: Apartment building loans may or may not require recourse

As commercial financing professionals Winston Rowe & Associates provides customized apartment building, student housing and senior housing loan solutions for all types of investors.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates provides commercial loans for all of the main metropolitan cities in Massachusetts, including: Boston, Worcester, Springfield, Lowell, Cambridge, Brockton, New Bedford, Fall River, Quincy, Lynn, Newton, Somerville, Lawrence, Framingham, Haverhill, Waltham, Taunton, Medford, Malden, Brookline, Chicopee, Weymouth, Peabody, Barnstable Town, Revere, Methuen, Pittsfield, Attleboro, Leominster, Salem, Arlington, Westfield, Fitchburg, Holyoke, Beverly, Marlborough, Woburn, Everett, Braintree, Chelmsford, Chelsea, Watertown, Franklin, Gloucester, Randolph, Lexington, Northampton, Agawam, Needham, Norwood, West Springfield, Saugus, Wellesley, Melrose, Milton, Danvers, Milford, Burlington, Wakefield, Dedham, Belmont, Reading, Wilmington, Stoneham, Winchester, Gardner, Marblehead, Somerset, Newburyport, Amherst Center, North Attenborough Center, Winthrop, Easthampton, Longmeadow.

Hard Money Bridge Loans Washington DC No Upfront Or Advanced Fees

At Winston Rowe & Associates, they’ve taken a fresh approach to commercial hard money lending by not charging upfront fees to process or analyze a client’s commercial loan request. The Winston Rowe & Associates team has extensive experience in the Washington DC, Chevy Chase and Maryland commercial real estate markets that ensures that their clients get the best hard money bridge loan solutions for their business situation.

Hard money loans that Winston Rowe & Associates offers their borrowers have more options than ever for all commercial real estate types.

Contact Winston Rowe & Associates directly, if you are having trouble getting your hard money loan closed or if you have a unique situation at; 248-246-2243 or visit their web site at http://www.winstonrowe.com

Winston Rowe & Associates nationwide lending capabilities provides the advantage of serving borrowers wherever they live and work or wherever they decide to invest. Add to this a dedicated, experienced team who is responsive to your needs, and the most diverse commercial hard money lending capabilities in the business.

Commercial Property Types Considered:

No Upfront Fees
Minimum Loan Amount $2,000,000.
Motels, Hotels, Resorts
Apartments, Senior Housing and Assisted Living
Mixed Use
Nursing Homes
Hospitals
Shopping Centers
Office & Medical Buildings

As commercial financing professionals Winston Rowe & Associates provides customized hard money and private capital loan solutions for all types of investors nationwide.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates also provides hard and private money loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Commercial Financing In Washington DC No Upfront Fees

 

Winston Rowe & Associates is a national commercial mortgage loan specialist focusing on the Washington DC real estate market. They provide commercial loans from $2,000,000 to $100 million, secured by income producing real estate, with no upfront fees.

At Winston Rowe & Associates, prospective clients can talk to the person managing their loan, anytime. Or you can call them for a 15 minute loan pre-qualification screening at 248-246-2243 or apply online at http://www.winstonrowe.com

Winston Rowe & Associates has some of the best service in the business with better rates and terms on flagged hotel loans, gas station and convenience store loans, multifamily loans, retail loans, office loans, warehouse loans, industrial loans, mobile home park loans, self storage loans, shopping center loans, and apartment loans.

They can provide commercial financing faster, easier and with better terms and conditions than bank financing and financing offered by other commercial lending and funding sources.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates also provides commercial real estate loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Hard Money Real Estate Loans No Upfront Fees

Winston Rowe & Associates is a dedicated group of finance experts that provide fast and flexible hard money / private lending solutions for investment real estate transactions, without upfront fees. If you are a borrower with a property flip, rehab, construction project, commercial deal, cash-out refinance, or bankruptcy/foreclosure bailout.

Contact Winston Rowe & Associates directly, if you are having trouble getting your hard money loan closed or if you have a unique situation at; 248-246-2243 or visit their web site at http://www.winstonrowe.com

They can provide most clients loan approval in 24 hours or less. They always welcome borrowers with income or credit issues.

They lend strictly on commercial property that is being utilized as an investment by the borrower, their minimum loan amount is $2 Million with no limit.

Winston Rowe & Associates has a streamlined process for evaluating commercial real estate transactions that enables them to offer fast financing solutions for the following situations:

Acquisition
Investment Purchase
Time Sensitive Close
Rehabilitation
Un-stabilized property
Unfinished construction
Bad Credit
Un-bankable property type
Foreclosure prevention
Chapter 11 / Debtor in Possession Exit Financing
Cash out (Case by case basis)
Bridge Finance
Hard Money Loans
Private Money Mortgages

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates also provides hard money loans in the following states, with no upfront fees.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming