Today’s economic climate is placing the Canadian real estate market on a wild roller-coaster ride. Many developers are looking at the inherent stability of rental apartments, and really, they’re only needing a small portion of knowledge to bolt onto their existing...
“To make more money, you either make better deals or find cheaper capital” The Big Picture The following chart breaks down the components for financing construction land from loan-to-cost, interest rate, term, fees, to guarantee. *All numbers are based on 2021...
Earlier this year, we ran a two-day online event on the conversion of offices to rental apartments. We had a range of speakers, from Canada and the U.S., including developers, architects and municipal government representatives. The presentations were fascinating and...
A challenged condo or home development project warrants that the developer investigate rental development as an alternative exit. There’s been a disruption in the marketplace with the rapid rise in interest rates that we’ve seen to date, with more in store in the near...
Residents fall in love with their communities. They love the parks, the memories, and the housing they have. Though developers built these communities, they are often not included as part of those communities. Their initial vision of what could be is discounted,...
Derek Lobo was recently interviewed by Steve Paikin on TVO’s The Agenda about a little-known disparity between municipal taxes charged to homeowners and residential tenants in Ontario. It’s widely believed that only property owners pay property tax but it’s actually...
