Commercial Real Estate Financing News + More: Newly confident Janet Yellen is a believer in the U.S. economy + MORE 03/15/2017

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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.

Janet Yellen has a message for Americans: It’s finally safe to “feel good” about the U.S. economy.

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With the quarter-point interest rate hike a done deal as of today, the Federal Reserve is signaling that the US economy is another step closer to full health after its slow recovery from the depths of the Great Recession.

In addition, today’s rate increase is not expected to be the last we see this year…

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Despite promises from people in high places, tax reform will not happen by August. In fact, it very well may not happen this year.

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The outlook for industrial real estate couldn’t be better, despite uncertainty regarding potential changes in federal trade policies and the large amount of new warehouse/distribution space currently under construction.

Recent outlooks cite several sources for continued demand in the warehouse/distribution sector, including healthy-enough consumer spending, growing demand for ecommerce space, and dare we mention it, demand from the growing medical…

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