Commercial real estate trends, once a powerhouse investment opportunity, is facing a reckoning. This sector, comprising office spaces, retail outlets, and industrial properties, is entangled in the evolving economic conditions and changing workplace norms. Let’s delve into commercial real estate… Continue Reading
The office market is undoubtedly going through a transformation. Post-pandemic, the market is searching for its new identity, and while it is still too early to predict what the future holds, one thing is clear: the days of the traditional… Continue Reading
Real Estate Investment Trusts (REITs) have become an increasingly popular investment vehicle for those seeking to invest in real estate without owning physical property. REITs are companies that own and operate income-generating real estate assets, such as office buildings, shopping… Continue Reading
As a Toronto property owner, I guess its good for me when my competitors won’t add to the supply of residential rental apartments (“smart”/current landlords are getting rich(er)), but as a Torontonian, I think rent control is hurting our city… Continue Reading
This is a great move by Choice Properties as it provides diversification and more scale. It shows how Weston is moving towards greater diversification of their investment portfolio in general and making Choice Properties a key part of their strategy.… Continue Reading
Many people assume someone who owns 3 individual condo apartments in Toronto is getting a free lunch, but the truth is, owning apartments has pros and cons, risks and rewards, just like any other investment. Its difficult to explain how… Continue Reading
So who’d want to buy Home Capital Group and why? Before considering who, let’s first consider why. What would the buyer of Home Capital get and how might this transaction be structured? First, could a big bank wring value from… Continue Reading
http://business.financialpost.com/fp-comment/terence-corcoran-home-capital-group-didnt-just-fall-from-the-edge-of-a-cliff-it-was-pushed
Home Capital Group announced it has secured a $2 billion line of credit that will carry an interest rate of 10% and a 2.5% standby fee. They also announced their HISA deposits have fallen y more than $500 million in the… Continue Reading
I remember when Home Capital was a darling of Bay Street, when it was gaining customers by focusing on segments of the mortgage market that were disregarded by the big banks. I remember HCG was issuing credit cards to its… Continue Reading
