Land Development
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Why Is a Feasibility Study Needed? A feasibility study serves two different purposes. One, it's needed for internal decision-making. Without a good grasp of the market, the financials and potential outcomes, solid decision-making is next to impossible. Two, investors and lenders will demand a detailed study to assure themselves that the developer has thought the [...]
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Building Apartments With a Joint Venture Partner
What is a Joint Venture? A joint venture (JV) is a collaboration between two or more business entities for the purpose of starting a new business activity. Each party contributes value to the joint venture and agrees how to divide up income and expenses. Where a JV Fits In Fundamentally, a joint venture partner is [...] -
Where to look for land
Where to Look for Land Land acquisition is a multi-year undertaking. It requires time and research to find suitable land, navigate municipal requirements, assemble a team of professionals, structure a deal, begin due diligence, get the required approvals, close, get permits, have contractors ready, and finally, find financing. Finding Opportunities In the quest for finding [...] -
Better Housing Builds Better Canadians
My family moved to Canada in 1966 when I was eight years old. My Dad was 45, Mom was 39, and I was the oldest of five children at the time. My parents found us a good quality, affordable three-bedroom rental townhome - 21 Potsdam Road in North York, Unit 43 - and we lived [...] -
New Apartment Construction: The State of the Nation
At our Affordable Housing & New Apartment Development Live on Stage event this past October, Derek spoke on the topic New Apartment Construction: The State of the Nation. This segment was covered by RENX; see the full article "Big opportunity to develop 'small apartments' in Canada: Lobo" where Steve McLean provides deeper insight into Derek's message. [...] -
The Agenda with Steve Paikin featuring Derek Lobo
The Agenda with Steve Paikin featuring Derek Lobo Our CEO, Derek Lobo, was featured on The Agenda with Steve Paikin on November 15th to answer a critical question, "Why do renters pay higher property taxes?" You can find the full segment here: https://www.tvo.org/video/why-do-renters-pay-higher-property-taxes It's widely believed that only property owners pay property tax. But, in fact, renters often [...] -
SOLD: Whispering Winds Apartments
SVN Rock Advisors Inc. is pleased to announce the sale of Whispering Winds Apartments, two mid-rise new construction apartment buildings in Orleans, Ontario. Orleans is a growing community within a 15-minute drive from downtown Ottawa. The 2 Buildings have 52 suites combined, are both elevatored and feature a fully-equipped fitness room in each building and [...] -
SOLD: 5th Deal Over $200M
$200M Apartments, Retail, and Self Storage This is our 5th deal over the $200 million mark! Another Multigenerational Family Real Estate transaction quarterbacked by the SVN Rock Advisors team. CLICK HERE for details. -
When Real Estate is a Family Affair (and sometimes even a family feud)
When Real Estate is a Family Affair (and sometimes even a family feud) Wow, the recent news surrounding the Libfeld v. Libfeld dispute is getting a lot of attention! This raises the attention of Intergenerational Real Estate to a new level, as internal matters do not often make their way to a public audience. Long story [...] -
Affordable Housing: The Path Forward for Developers
The Path Forward for Developers Affordable Housing has been a hot topic for years, however, no appreciable headway has been seen in developing a long-term solution for Canada. It has been years since the demise of the last successful government program that fed Affordable Housing development in a significant way. Government Policy There are various [...] -
The Affordable Housing Crisis: Supply
The Supply Problem We are experiencing interesting times for a variety of reasons. Current housing costs are at an all-time high, making housing unattainable for many Canadians. Something needs to happen soon... Shelter is a basic human need and Supply versus Demand is the basis for our Canadian crisis. On the supply side, there is [...] -
The Real Estate Development Process: Understanding the Risks and Milestones
Managing Risk While Developing Real Estate Careful research and planning vital in taking building an idea into a successful development. Real estate development is a great way to make a lot of money, if it’s done right. Investors in commercial and residential real estate will beat a path to any door that offers a building […]