This may sound counterintuitive as we navigate the economic impact of a pandemic.
But I’ve recently reported that our Saskatoon industrial vacancy rate actually dropped in 3Q20 demonstrating the economic resilience of this asset class.
Two industrial properties I recently brought to the market sold within one week.
If in a negotiation you hear the Seller say: “I’ve already been offered $X sum of money,” and that amount seems somewhat unrealistic, ask if it the offer was in writing.
It’s interesting how many times the response is, “no, it was not in writing.”
With commercial mortgage rates at historic lows and good availability of funds, we don’t find occasion where these alternative finance options are often used.
There are however times when an alternative strategy is required for the buyer to fund the deal.
Technically, I suppose they’re both!
Though apartments buildings may exist in traditional
residential zoning, they absolutely qualify as a commercial investment
There are important elements to consider when reviewing a business with the intent to purchase.
Taking the time complete a thorough investigation is critical to discover the hidden facts.