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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.

Discount brokerage TD Ameritrade is buying rival Scottrade in a deal worth $4 billion.

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What job could be attractive enough to lure almost 8,000 candidates in China?

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AT&T and Time Warner think their $85 billion merger makes strategic sense.

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This week, the guest curator for “The Big Idea" on the CNN MoneyStream app is Sallie Krawcheck.

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