Commercial Real Estate Financing News + More: 'The Simpsons' renewed for an unprecedented 30th season + MORE 11/04/2016

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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.

When MK Goh was a child, condoms were a regular topic of discussion at the dinner table.

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Ay caramba! Thirty seasons of “The Simpsons.”

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A lot of people are moving out of California because they can’t afford to live there anymore.

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It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: New York City, Denver, Dallas / Ft. Worth, San Francisco, Philadelphia, Boston, Milwaukee / Madison, San Diego, Columbus, Atlanta, Charlotte, Indianapolis, Toronto, South Carolina, and Baltimore…

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America has gained 10.9 million new jobs since President Obama took office.

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A rent increase has prompted the store to shutter in January, leaving the underserved borough without a general-interest bookstore.

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