-
Dec 9, 2024 | 
renx.ca | Chad Griffiths
This week's episode features Joel Friedland, a past guest who was quite popular with the audience. In this follow-up interview Friedland joins host Chad Griffiths to provide new insights into the state of the industrial real estate market, including his thoughts on the current state of pricing for assets in the sector. Friedland has a 42-year track record in industrial real estate, and is based in Chicago.
-
Dec 9, 2024 | 
renx.ca | Steve McLean |Don Wilcox |Chad Griffiths |Mario Toneguzzi
Updated Canadian government policies to reduce new non-permanent residents and lower permanent immigration over the next few years shouldn’t have a major impact on the Canadian real estate industry, according to a report from GWL Realty Advisors (GWLRA). Canada’s population could decline by 0.2 per cent in each of 2025 and 2026 if the federal government carries through on all the plans in its Oct. 24 policy announcement.
-
Dec 6, 2024 | 
renx.ca | Danny Kucharsky |Eric Aderneck |Don Wilcox |Chad Griffiths
Three private investors are spending $197.5 million to purchase the Norgate Apartments from KingSett Capital and Starlight Investments in the Montreal borough of Saint-Laurent, in what broker JLL calls the biggest multifamily transaction in Quebec this year in price and unit count. The deal includes 1,108 units in 74 low-rise, walk-up buildings at 1200-1600 Décarie and 1205-1595 Ouimet streets. It translates to an average of $178,250 per unit. The cap rate is 5.38 per cent.
-
Dec 5, 2024 | 
renx.ca | Eric Aderneck |Don Wilcox |Chad Griffiths |Steve McLean
Commercial Industrial Metro Vancouver GUEST SUBMISSION: Industrial activities in Metro Vancouver are a significant contributor to the regional economy and workforce. From Maple Ridge to Richmond, and from Langley to North Vancouver, the region contains a limited amount of industrial lands that accommodate a wide range of industrial uses.
-
Dec 5, 2024 | 
renx.ca | Don Wilcox |Chad Griffiths |Steve McLean |Eric Horie
Just blame Canada? Economist Benjamin Tal’s message to over 2,700 attendees at the Real Estate Forum in Toronto on Wednesday suggested that, when it comes to “uncertain” economic conditions we should at least in part, just blame America. “We are operating in very uncertain times,” Tal told the commercial real estate professionals, gathered for the two-day event at the Metro Toronto Convention Centre, in his annual keynote economic presentation.
-
Dec 4, 2024 | 
renx.ca | Steve McLean |Don Wilcox |Chad Griffiths |Sarah Segal
Managers of the new Harlo Diversified Canadian Real Estate Trust fund plan to incorporate a range of strategies into the open-ended vehicle, with an eye to raising up to $100 million in equity in their initial call for investors. The fund targets a five per cent annual yield and 12 to 15 per cent annualized returns. The strategy encompasses acquiring value-add income-producing assets and development through Harlo Capital; and private mortgages through Harlo Financial.
-
Dec 4, 2024 | 
renx.ca | Chad Griffiths
Jim Bartlett returns to the podcast to take a more in-depth look at the Environmental Site Assessment Phase II, as part of due diligence in commercial real estate property acquisitions. Bartlett is senior vice-president at Bureau Veritas, and rejoins host Chad Griffiths in Part II of this two-part interview. The first portion of the interview, aired separately, tackled Property Condition Reports and Phase I Environmental Site Assessments.
-
Dec 4, 2024 | 
renx.ca | Steve McLean |Tyler Choi |Chad Griffiths |Sarah Segal
Slate Asset Management has partnered with JLL to enhance a technology platform the Toronto-based alternative investment company has been using for over a decade and is now marketing to other real estate professionals. JLL Asset Beacon is a software-as-a-service (SaaS) platform that integrates data across asset management functions to create a real-time, end-to-end view of performance — whether it’s a single asset, a fund or an entire portfolio.
-
Nov 28, 2024 | 
renx.ca | Steve McLean |Mario Toneguzzi |Chad Griffiths |Don Wilcox
Oxford Properties has signed what it calls the largest office lease this year in Toronto’s downtown core, with EY Canada at the tenant’s namesake building. The lease at EY Tower at 100 Adelaide St. W. sees the assurance, consulting, tax, strategy and transaction services provider remain in its existing space and add an additional 50,000 square feet in a long-term renewal. It brings EY’s total footprint at the 900,000-square-foot building to over 300,000 square feet.
-
Nov 27, 2024 | 
renx.ca | Chad Griffiths |Andrew Gallifent
When buying a commercial or industrial property, there's a lot that goes into due diligence reports. Jim Bartlett, senior vice-president at Bureau Veritas, explains the process of getting Property Condition Reports and Phase I Environmental Site Assessments in Part I of a two-part interview.
