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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.

China’s richest man is making a move to buy yet another well known American entertainment property.

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Monday night’s Trump-Clinton match-up was the “most tweeted debate ever.”

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Donald Trump praised Lester Holt’s performance as moderator of Monday night’s presidential debate, contradicting claims by his supporters that Holt had been unfair.

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Anticipation for Monday’s presidential debate partly centered on what was different about it: Hillary Clinton, the first woman to be a major party’s nominee, versus Donald Trump, who honed his communications skills on reality TV and peppered rivals with insults during the primary showdowns.

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