Construction will soon begin on Waterloo’s new boutique hotel – the Domain Hotel. The full service hotel, situated in the BarrelYards community at the former Canbar site, will transform the neighbourhood to a significant destination for business and pleasure travelers, and an exciting local resource.
TORONTO — The Canada Pension Plan Investment Board now owns a significant piece of five major shopping centres in the United States.
Today is day one of the government’s new mortgage rules.
Here’s a quick rundown of the key points…
“It has become clear to us through this process that the only viable alternative to bankruptcy would be to transfer control and operation of the property, in an orderly manner, to the lenders and their representatives. We make this decision as we feel a battle over the property or a contested bankruptcy process is not in the long-term interest of the property, its residents, our partnership or the city.”
Bankers said Wednesday they will move to auction off Intrawest Holdings unless the ski resort operator can find a way to settle its debts.
Toronto’s commercial real estate
industry had its worst year in a decade in 2009, despite an end of the year investment surge.
New data collected by CAAMP indicates homeowners are borrowing less, not more, than they can afford to borrow
TORONTO, Jan. 14 /CNW/ – New research using data collected by the Canadian Association of Accredited Mortgage Professionals (CAAMP) from its corporate members strongly suggests that Canadian mortgage lenders and borrowers, including first time home buyers, are being extremely prudent with their borrowing and lending.
City planners talk up the benefits of low-slung buildings, but developers say red tape and high costs are working against them.
DUBAI, UNITED ARAB EMIRATES–Dubai opened the world’s tallest skyscraper Monday in a blaze of fireworks, then added a final flourish: It renamed the half-mile-high tower for the head of neighbouring Abu Dhabi, whose billions bailed out Dubai amid last year’s financial crisis.
Are you somewhat confused by all the terms that real estate agents throw around like nothing? Well don’t worry, I can assure you that you are in good company.
Lets get a few of the basics out of the way and then we can move on to some of the specifics. One of the first things you have to understand is that there are several components to the overall rental rate that you ultimately end up paying. There is the rent that you pay the Landlord for the use of their space, but also as a commercial Tenant you will also pay for the following items; the maintenance of the overall building, the property taxes, building insurance and management of the property. (I know, I know, it doesn’t seem fair to be paying for the management and maintenance of someone else’s property, but that’s the real world, so get used to it!)
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