Commercial Real Estate Financing News + More: Bots, tweets and doodles: Tech companies get you ready to vote + MORE 11/07/2016

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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.

Keeping Long Island City’s diversity of real estate—and somehow keeping it affordable—is a top concern for those who have helped to grow the neighborhood.

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You know it’s a wild election season when a mere letter from the FBI is enough to spark a global stock market rally.

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On Tuesday, millions of Americans will cast their votes to elect the 45th president of the United States.

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Iran is on the brink of clinching billions of dollars of Western investment in its oil and gas industry, the first since sanctions were lifted earlier this year.

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Broadstone Net Lease, a private real REIT managed by Broadstone Real Estate LLC, continues to grow its national portfolio of triple-net leased properties. BNL acquired via sale leaseback, a 24-property Bloomin’ Brands Inc. (NASDAQ:BLMN) portfolio, which includes 22 Outback Steakhouses and two Carrabba’s Italian Grill properties in 13 states…

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