Nanaimo commercial realty growing

Nanaimo commercial realty growing

The B.C. centre known as the Hub City is living up to its name, as it has certainly been a hub for growth on Vancouver Island. With population growth rates of 8 per cent year-over- year shattering the provincial average of 5.6 per cent and the federal average of 5 per...

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How covid is changing commercial realty

How covid is changing commercial realty

1. How we work While two-thirds of employees who work from home now expect it to continue after the pandemic, watch out. Your employer has other ideas, according to pollster Angus Reid. That’s bound to increase conflict as work flexibility becomes a core issue. And it...

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The CRE outlook for 2020

The CRE outlook for 2020

If any readers are friendly with commercial real estate junkies, they’ll already have heard an earful about how industrial and multi-family properties are where the smart money is being spent by CRE investors. But with unemployment still over 10 percent in August, and...

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Tips for buying a country home

Are you dreaming of greener pastures and wide-open spaces? After spending so much time at home, many people are re-evaluating how they want to live. A short commute and nearby amenities were once at the top of most new home checklists. But now a surprising amount of...

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What is a CAP rate?

What is a CAP rate?

The capitalization rate (or “cap” rate) is one of the primary measuring tools of any office building investment. It is a short form method of deriving the rate of return based on the purchase price and allows you to compare many properties simultaneously to select the...

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