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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.
World stocks rally on upbeat economic reports
– rss.cnn.com
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Continue Reading On rss.cnn.com »CBL Closes on $176M Sale of Three Southeast Malls
– costar.com/News
An offshore investor along with Atlanta-based partner Hendon Properties has closed on its acquisition of three malls and three associated shopping centers across three states in a portfolio sale totaling $176 million from CBL & Associates Properties, Inc. (NYSE: CBL)
The transaction included Georgia Square Mall and Georgia Square Plaza in Athens, GA; Panama City Mall and The Shoppes at Panama City in Panama City, FL; and the Rivergate Mall and…
Continue Reading On costar.com/News »The transaction included Georgia Square Mall and Georgia Square Plaza in Athens, GA; Panama City Mall and The Shoppes at Panama City in Panama City, FL; and the Rivergate Mall and…
Syria concerns dampen investor excitement
– rss.cnn.com
Worries over potential U.S. action in Syria chilled investor enthusiasm Tuesday and overshadowed optimism surrounding the announcement of two mega-mergers.
Continue Reading On rss.cnn.com »Industrial Rent Rollover: Threats & Opportunities
– costar.com/News
By: Shaw Lupton
PPR54 industrial rents are enjoying a period of above-trend growth (3.3% year-over-year, compared to a long-term average of about 1.5% since 1994). While that goes a long way toward regaining lost ground, asking rents remain roughly 5% below their long-term trend, suggesting that more above-trend growth is in store before speculative construction ruins the party…
PPR54 industrial rents are enjoying a period of above-trend growth (3.3% year-over-year, compared to a long-term average of about 1.5% since 1994). While that goes a long way toward regaining lost ground, asking rents remain roughly 5% below their long-term trend, suggesting that more above-trend growth is in store before speculative construction ruins the party…
Continue Reading On costar.com/News »
Stephen Elop wasn’t able to save Nokia, but he may be tapped as Microsoft’s potential savior.
Continue Reading On rss.cnn.com »
Construction is moving forward on the company’s sprawling new Springwoods Village campus at Interstate 45 and the Hardy Toll Road in North Houston
In an employee newsletter, Exxon recently provided details about the development 25 miles north of downtown Houston, one of the largest commercial construction projects under way in North America…
In an employee newsletter, Exxon recently provided details about the development 25 miles north of downtown Houston, one of the largest commercial construction projects under way in North America…
Continue Reading On costar.com/News »
Commercial Real Estate Financing Information Here! + More News: Syria concerns dampen investor excitement + MORE 09/03/2013
