Commercial Real Estate Financing News + More: Charities are hitting Trump where it hurts — the wallet + MORE 08/21/2017

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Special Purpose Properties!

It is becoming increasingly difficult to get commercial loans for special purpose properties. Properties that do not fall in the categories of apartments or retail/office buildings are often placed in this special purpose classification. This means that business acquisition loans for commercial properties such as restaurants/bars and auto service businesses are frequently hard to find. Commercial financing will be even more difficult to locate for such specialized properties as churches, funeral homes, nursing homes and assisted living facilities.

Just over three months after acquiring the leasehold of the Westin Maui Resort & Spa from Marriott International Inc. for $317 million, Trinity Investments LLC and Oaktree Capital Management, LP have announced a joint venture to invest up to $3 billion in Trinity"s core markets of Hawaii, California, Mexico and Japan…

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We finally have a name for Google"s latest mobile operating system: Android Oreo.

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As President Trump prepares to address the nation Monday evening to announce his strategy in Afghanistan, it"s worth noting how much the longest U.S. war in the country"s history has already cost Americans financially.

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Foxconn"s plan to create thousands of jobs in Wisconsin is moving right along.

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Travel Leaders Group has signed a lease to occupy 105,892 square feet at 1633 Broadway in New York City.

The largest travel agency in the U.S., Travel Leaders Group will occupy the entire 35th and 36th floors on a 10-year deal slated to commence in Q1 2018.

The CBRE team of Patrice Meagher, Paul Amrich, Howard Fiddle, Emily Jones and Robert Hill brokered the lease on behalf of the landlord, Paramount Group…

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At least 11 organizations have canceled fundraisers at Mar-a-Lago, President Trump"s Florida resort.

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