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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.
Durst Organization Acquires Delaware River Waterfront Properties from Brandywine Realty Trust
– costar.com/News
Durst purchased the Delaware River waterfront properties spanning Piers 12, 13-15, 19 and 24 north of Benjamin Franklin Bridge known as the Philadelphia Piers at Penn’s Landing for a reported $21…
Why tax reform and tax cuts are not the same thing
– rss.cnn.com
Graebel Van Lines Ceasing Operations
– costar.com/News
The assets of Dallas-based Graebel Van Lines and its operating affiliates remain subject to the liens of a secured creditor, the company said without identifying the firm…
Conservative media at a crossroads early in Trump era
– rss.cnn.com
