Commercial Real Estate Financing News + More: Murdoch brothers: Immigration is 'essential' to America + MORE 01/31/2017

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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.

Office property owners in New York’s suburbs are working to attract millennial workforces with amenities like restaurants, hiking trails, fitness clubs and natural lighting.

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The top executives at 21st Century Fox have weighed in on President Trump’s recent travel ban, informing staff that they “deeply value diversity and believe immigration is an essential part of America’s strength.”

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The truce between Ford and President Donald Trump took a hit Monday, as the automaker criticized the president’s ban on U.S. travel from seven Muslin countries.

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A reporter for Breitbart News was ejected from a press conference hosted by the Council on American-Islamic Relations on Monday.

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A judge in Buenos Aires, Argentina, has ordered Uber to be blocked.

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Ben Affleck will still be under the cowl, but not behind the camera.

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