It’s very common for developers, contractors and consultants to estimate construction cost escalation, for all asset types and trades, based on a single number or range. This is dangerous and can lead to grossly inaccurate development budgets and forecasts, and more time (and money) spent on contingency plans down the road. Won’t it all even
During the third quarter of 2020, the multi-suite residential and industrial sectors of Canada’s commercial real estate remained resilient despite the economic slowdown resulting from the pandemic. Meanwhile, the office and retail segments witnessed increased vacancy levels in most Canadian cities as restrictions in response to a second wave of COVID-19 kept Canadians working and
“Your business matters,” Prime Minister Justin Trudeau started in a video for Global News in April. “To your employees, and to our country. In fact, it matters to our whole economy. So, a concern for you is a concern for us, too. And that brings me to the question of your rent. Paying rent on
Construction is underway for the first phase of a mixed-use commercial plaza at 1405 Bloor St., on the southeast corner of Bloor Street and Townline Road in Courtice. Just the facts: The two-storey commercial plaza will have 7,000 square feet of ground floor retail space and approximately 8,000 square feet of office space on the
Our 2020 Annual Residential Mortgage Industry Report discusses the early impact of the pandemic on the mortgage industry. It provides pre-and during COVID housing finance information to help you make more informed decisions. Fastest growing mortgage segment in 2019 Mortgage investment corporations provide a channel for small investors to participate more directly in the housing finance market
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