Democrats Will Take Control of the House of Representatives: CNN

CNN is projecting that the U.S. House of Representatives will be controlled by the Democrats after the votes are tallied from the midterm election today. Democrats are seeing a "blue wave" as many experts and pollsters predicted heading into the Nov. 3 vote that could very well be a "blue tsunami."

The Senate is looking favorable for the Democrats as well with North Carolina and South Carolina both flipped as of 10 p.m. ET, setting the stage for a takeover of the Senate.

Stay tuned for more election coverage as the night wears on and on Nov. 4, when Park Place gives you insights into how the seeming huge political swing to the Democrats will affect the long-term care sector.