Over the last several years, the Canadian Real Estate Association has actively lobbied the Federal Government to institute a deferral of capital gains on income producing properties that are sold where the investor reinvests within a short time frame.  Below is a report generated by CREA on this topic and is well worth reading.  I [...]

In reference to the ever popular claim, “Commercial real estate is the next shoe to drop” – which, in my opinion, is the most over-hyped and over-used sensationalist claim in modern business reporting history – Walt Rakowich, CEO of Prologis says:
“…the shoe has dropped….that’s old news…” – emphasis added
Time to start looking at the next [...]

In this article yesterday in Peterborough This Week,  Joel Wiebe explores a recent report on projected growth for the city and county of Peterborough.  One of the main themes of the piece is the need for improved traffic movement in the city and the debate that just won’t die: The Parkway.
Facing a 13 per cent [...]

Great video from CNBC on the state of commercial real estate according to Barry Gosin, CEO of Newmark Knight Frank.

Of particular interest to me were his words, “The market has, for the most part, capitulated.” This is important because it reflects the words of some of my clients – they have been looking [...]

Today, a review of the 28 things that commercial brokerage clients look for when choosing, working with, and firing(!) agents. Over the last week or so you’ve seen these lists in several posts, but I thought it would be a good idea to gather all of these ideas into one resource page that can [...]

So far we’ve looked at what investors value most in their broker, what tenants value the most in their broker, and what clients value most when selecting a broker. Today, the other side of the coin, the things that really make clients blood boil.
Warning! If you are a commercial real estate broker and you [...]

As part of an ongoing look at what consumers want from their real estate broker, today I’m looking at what tenants value the most when choosing a broker to represent them.
Tenant representation is a very specialized field and one that doesn’t get the respect it deserves, in my opinion. From a brokerage perspective, it [...]

“We’re in the third round of a five round boxing match, but in the first two rounds nobody threw a punch. At some point somebody’s gotta throw a punch.”
Source: REALpac / FPL Canadian Real Estate Sentiment Survey, Fourth Quarter 2009, Released November 3, 2009
I’m sensing a recurring theme on this blog about getting into the [...]

Canadians Bullish for First Time Since 2007, Nanos Poll Shows
Interesting article on bloomberg.com about our (Canadians) feelings and perceptions about the economy of this country. Of note:

The share of Canadians who say they believe the economy will strengthen over the next six months rose to 45 percent, according to an advance copy of Nanos’s [...]

According to this article on netgainrealestate.com, it might be.

Using historical statistics, the current climate can be dissected to some extent. Net Gain describes a recession as a manner of alleviating surplus. There have been 20 prior recessions since the start of the 20th century, all of which have made a full recovery. Statistics show that [...]