Working in the commercial real estate industry, you get a perspective of how large and multi-faceted this industry is, with hundreds of different jobs, roles, motivations, and ultimately types of assets that are managed, maintained, invested in, leased, and developed. For many outside of the industry, commercial real estate can seem like a "linear concept”, but it is far from that.
Read MoreIn the coming months, we will be entering into a global recession, unemployment will rise, liquidity will decrease and insolvency will be the ultimate looming presence. In the short-term it will be brutal, but in the medium term, it will be okay. In this blog, I’ve outlined the potential causal effects that this pandemic will have on the various, unique commercial asset types, and where the opportunities lie.
Read MoreThe catchphrase of the moment is proving to hold its weight as we analyze commercial real estate trends leading into the new year. Canada’s Multifamily market is the strongest it’s ever been with rental rates nearing 10-year highs, apartments near 100% occupancy, and volatility remaining low. On the industrial front, demand for fulfillment space continues to reign supreme to satisfy the multiplying growth metrics in e-commerce.
Read MoreFor many years, Edmonton has been considered by neighbouring metropolitan cities, a second-tier destination, a "working-class" town. When individuals and businesses from around the world think of Canada, they always first spout out - Toronto, Vancouver, Montreal, Calgary... And while we have primarily been a blue-collar City, this does not mean that our business owners are shy of investment capital, nor does it mean that our City lacks innovation, diversity and opportunity.
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