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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.
Southern California’s Inland Empire illustrates a speculative building surge of warehouse hubs.
Continue Reading On wsj.com »
AOL CEO Tim Armstrong told employees Tuesday that he’s sorry for publicly firing an employee for taking a photo during a conference call. But the guy is still fired.
Continue Reading On rss.cnn.com »
Notable properties that have been recently listed for sale, sold or leased. Continue Reading On nytimes.com/services »
The investment firm has agreed to buy control of 80 apartment complexes from General Electric, valuing the properties at about $2.7 billion, a person briefed on the matter said on Monday.
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Projection: New Starts to Climb Modest 6% in 2013
Total new construction starts are forecast to rise 6% this year to $506 billion, the same rate of increase for total construction starts that was predicted last October, according to the Midyear Update to the 2013 Construction Outlook from McGraw Hill Construction…
Total new construction starts are forecast to rise 6% this year to $506 billion, the same rate of increase for total construction starts that was predicted last October, according to the Midyear Update to the 2013 Construction Outlook from McGraw Hill Construction…
Continue Reading On costar.com/News »
The 30-Minute Interview: Joseph A. Tahl
– nytimes.com/services
Mr. Tahl is a founder and the president of Tahl Propp Equities, a privately held real estate investment, development and management company based in Manhattan. 
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