Our in House Loan Underwriting Is the Key to Successful Commercial Mortgage Loan Placement
When a client sends us a loan package we go over the operating statements in detail. Usually we will talk to the client's controller or accountant and have the operating statements restated. Typically we will remove non operating expense items such as depreciation and amortization. We will remove capital items that are being expensed such as leasing commissions and tenant improvements and renovations. These differences occur because accrual accounting tries to reduce income and reduce tax impact. Cash flow accounting...
View full press release