Commercial Real Estate Financing News + More: GM announces first layoffs in six years, cuts 2,000 jobs + MORE 11/09/2016

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Recall/Balloon Features

These terms are used by many banks to effectively shorten most commercial real estate loans to 3-7 years. Short-term loans (less than fifteen years)
15-40 year commercial property loans without recall/balloon features are available. Please note that processing/retainer fees are not included in this discussion of commitment fees. Processing/retainer fees should be viewed as an acceptable and standard business practice when dealing with commercial real estate loans.

President-elect Donald Trump is no fan of Federal Reserve chair Janet Yellen.

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EPR Properties (NYSE:EPR) agreed to buy a portfolio that includes the Northstar California Ski Resort along with 15 attraction properties (waterparks and amusement parks) and five small family entertainment centers for $456 million from CNL Lifestyle Properties and funds affiliated with Och-Ziff Real Estate…

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U.S. stocks welcomed President-elect Donald Trump by avoiding the crash many had feared.

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Americans are about to learn a lot more about Donald Trump now that he’s been elected the 45th president of the United States. How he’ll handle real power, who he’ll pick for his cabinet, how he’ll respond to critics now that he’s under pressure to deliver on his promises, the list goes on.

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General Motors is cutting 2,000 factory jobs in Michigan and Ohio — its first round of layoffs since 2010.

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Breitbart News Network, the right-wing populist news organization that played an integral role in Donald Trump’s presidential campaign, will expand its operation in the United States and open new bureaus in Europe, its editor-in-chief said Wednesday.

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