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
Terence Corcoran: Home Capital Group didn’t just fall from the edge of a cliff – it was pushed By now most Canadians have likely seen the Home Capital Group Inc. stock graph, a Rocky Mountain plunge that began April 19… Continue Reading
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
‘Exact opposite of what is needed’: CIBC slams Ont. rent-control rules New rent-control rules are “the exact opposite” of what is needed to deal with housing affordability problems in Toronto, Canadian Imperial Bank of Commerce economist Benjamin Tal says.
Airbnb faces a patchwork of regulations in the many jurisdictions where it operates. Some places are very restrictive, but some places are welcoming the innovative platform. Lisbon has emerged as a city that welcomes Airbnb and has created a regulatory… Continue Reading
There is a lot of potential M&A that could be done in the Canadian REIT sector for companies to realize greater diversification and scale. There is also a rule in Canadian REIT laws that allows for a REIT to own… Continue Reading
