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Nov 22, 2024 | 
mondaq.com | Daniel Waldman
What happens when a commercial tenant has the option to purchase
the property it is leasing, but the parties cannot agree on the
value? The simple answer is to do what the lease says.
If they don't, it can result in the loss of a very valuable
asset.
In an interesting dispute, the Ontario
Court of Appeal was asked to settle a contentious disagreement
over the purchase of two commercial properties in Whitby.
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Nov 20, 2024 | 
mondaq.com | Daniel Waldman
What happens when a commercial tenant has the option to purchase
the property that it is leasing but the parties cannot agree on the
value? The simple answer is to do what the lease says. If they
don't, it can result in the loss of a very valuable asset.
In an interesting dispute, the Ontario Court of
Appeal was asked to settle a contentious disagreement over the
purchase of two commercial properties in Whitby, Ontario.
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Nov 7, 2024 | 
renx.ca | Steve McLean |Neil Sharma |Don Wilcox |Daniel Waldman
(Courtesy Freed)When Freed Hotels & Resorts launches sales for Freed Blue Mountain at Blue Mountain Village near Collingwood, it will represent the first major development at the popular Ontario resort in two decades. The five-storey B+H Architects-designed development will feature 196 residential units ranging from 350 to 1,350 square feet as well as more than 18,000 square feet of retail space at grade.
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Nov 6, 2024 | 
renx.ca | Daniel Waldman |Danny Kucharsky |Steve McLean
Home-town investor's latest acquisition is the 25-storey 635-8th Avenue SW tower Commercial Office Calgary Calgary-based real estate company Enright Capital Ltd. has purchased a 271,000-square-foot, 25-storey class-B office building in downtown Calgary - its fifth office purchase in the city during the past 15 months.
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Nov 6, 2024 | 
renx.ca | Daniel Waldman |Danny Kucharsky |Steve McLean
Commercial Legal Ontario What happens when a commercial tenant has the option to purchase the property it is leasing, but the parties cannot agree on the value? The simple answer is to do what the lease says. If they don’t, it can result in the loss of a very valuable asset. In an interesting dispute, the Ontario Court of Appeal was asked to settle a contentious disagreement over the purchase of two commercial properties in Whitby.
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Nov 6, 2024 | 
mondaq.com | Daniel Waldman
Historically, lawyers craved the comfort of professional
stability. Lateral movement took place, but, when it happened, it
stood out. Clearly, that's no longer the case. In today's
legal world, lawyers seem to be on a perpetual job hunt, always on
the lookout for a new role. This is more than idle speculation: a recent study found that 54 percent of
lawyers under 40 expect to switch jobs in the next five years.
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Oct 24, 2024 | 
mondaq.com | Daniel Waldman |Ellad Gersh
The question of when a lawsuit can be commenced in Ontario seems
pretty straightforward – in general, a plaintiff has two
years from the date when the basis for a claim is (or should have
been) discovered. It sounds simple enough, and oftentimes, it is. However, a few recent decisions from the Ontario Court of Appeal
have shown that this rule is not as simple as it may seem.
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Oct 15, 2024 | 
lawandstyle.ca | Daniel Waldman
Historically, lawyers craved the comfort of professional stability. Lateral movement took place, but, when it happened, it stood out. Clearly, that’s no longer the case. In today’s legal world, lawyers seem to be on a perpetual job hunt, always on the lookout for a new role. This is more than idle speculation: a recent study found that 54 percent of lawyers under 40 expect to switch jobs in the next five years.
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Sep 2, 2024 | 
mondaq.com | Daniel Waldman
In real estate transactions, the phrases "ready, willing,
and able to close" and "time is of the essence" are
familiar to buyers and sellers alike. The rules and consequences
have become more clear over the years when either the vendor or the
purchaser fails to close.
But what happens when neither side honours the deal, or both
parties fail to close on the appointed date? A recent decision from
British Columbia's highest court has shed light on this
issue.
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Aug 29, 2024 | 
renx.ca | Neil Sharma |Daniel Waldman |Steve McLean
Will add 384 suites to its portfolio and mark its first buildings on Vancouver Island Residential Acquisition British Columbia Chartwell Retirement Residences (CSH-UN-T) is acquiring 384 suites in three retirement communities on British Columbia's Vancouver Island for $226.9 million, adding to a long list of portfolio acquisitions in 2024.
