Sales of Apartment Buildings in BC Break Records
Private buyers and financial firms are motivated to buy because borrowing costs are very low and rents are expected to increase sharply in the next five to 10 years.
Afton Place
If you have been looking for an amazing apartment building to add to your portfolio, this 21 unit apartment building in PRINCE GEORGE is fully occupied, never has a vacancy & has great cash flow.
What to look for in a new home build
Few things are as exciting as purchasing a newly constructed home. Everything is pristine and, presumably, will last for a very long time. However, just because a house is new doesn’t mean it’s free of flaws. There are a lot of factors that could make a brand-new home...
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...
Post Covid Winnipeg in great shape for commercial realty
Winnipeg’s economy emerged from the 2008-’09 recession in very good shape, and it looks poised to repeat that success following the COVID-19 crisis. “As markets like Alberta have struggled with the oil markets being what they’ve been over the past number of years,...
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...
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...
Popularity of multi family homes and buildings growing
Residential rental rates are likely to remain steady and the pace of development appears to be maintaining its healthy clip looking into the rest of 2020 according to a new multi-family market update from Colliers International Victoria offices. The report, which...
Amazon adding 3000 jobs to BC
Online retail giant Amazon will be filling 3,000 new jobs at its latest tech hub, in the former downtown Vancouver post office. Almost to 800 positions are already available, while the rest are expected to be filled when construction at The Post, between Georgia and...
9 common mistakes when starting a busines
1. Neglecting to make a business plan Many rookie entrepreneurs fail to prepare a business plan. Such a document doesn’t need to be especially long or detailed. But taking the time to chart a business plan will help keep your efforts consistent, serve as a rallying...