When it comes to property taxes in commercial real estate world, New York City is the reigning champ
When it comes to property taxes in commercial real estate world, New York City is the reigning champ. According to a new analysis released by COMMERCIALCafé, 19 of the 20 highest taxpaying buildings are found in the Big Apple.   Leading the list with an astonishing $71 million property tax bill is... Keep Reading....
Silver Hill Funding, a division of Bayview Loan Servicing LLC, has announced that they will now offer 80 percent loan-to-value (LTV) financing on small-balance commercial mortgages
Silver Hill Funding, a direct, small-balance commercial mortgage lender and a division of Bayview Loan Servicing, has introduced their new Owner-Occupied Bank Statement Program for small-balance commercial loans from $250,000 to $1 million. With no tax returns or 4506-T required, this program is a... more
Optimize your small-balance commercial mortgage transaction process How you open a small-balance commercial transaction determines how it closes. While some lenders specialize in creating a smooth and reliable transaction process for brokers and borrowers, there are steps you can take to make a big... more
The level of wind and storm surge damage to residential and commercial properties from Hurricane Matthew is estimated to be between $4 billion and $6 billion, according to data released by CoreLogic. The estimation does not include losses related to additional flooding, business interruption or... more
Ancient Greece
If today’s property rental agreements may seem burdensome, the situation was just as problematic back in ancient Greece. According to a New York Post report, archeologists working in southwest Turkey at the site of the ancient Greek city of Teos have unearthed and deciphered 2,200-year-old scrolls... more