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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.
President Trump began an investigation earlier this year into whether steel imports were threatening national security. Four months later, the steel industry wants action.
Read full story for latest details.
Gas prices will jump thanks to Hurricane Harvey
– rss.cnn.com
Gas prices are going to jump in some parts of the country as Hurricane Harvey nears the Texas coast.
A little known tech company is at the center of a debate over power on the internet.
Fewer people hit with Obamacare penalty last year
– rss.cnn.com
Some 4 million households paid the Obamacare penalty for not having health insurance last year, new Internal Revenue Service data shows.