The Record, Kitchener Waterloo’s local paper, had an article yesterday about progress at the Tannery District, which is the new development around the old Lang Tannery building in downtown Kitchener. The Tannery used to be a factory where animal hides went through the tanning process to become leather, and is now being converted into live/work [...]
Multi Family Transaction Volume in Canada Should Increase in 2010
Last night I was reading a research paper put out by CBRE about the commercial & multi-family apartment market in Canada, and they’re pretty bullish on what’s going to happen this year. They also attributed a contraction of sales in 2009 to a lack of quality product. From the Canadian Multi-Housing Marketview (PDF): There was [...]
Recent Commercial Development Sales in Waterloo Region
This afternoon I was showing an investor a multi-family property that is for sale, along with an additional land available for development. When we got up on the roof, we had a good view of the King Street, Spruce Street and Regina Street corridor in Waterloo, Ontario click to enlarge There have been some notable [...]
Commercial Real Estate blog links
Some commercial real estate links for you: 2009 Kitchener Waterloo Investment Real Estate Market Update 2009 was an interesting year to be buying, selling,… The turbulence in the global credit markets put a halt on a lot of lending, especially mortgages for student housing. When CMHC stopped insuring loans on ‘student housing,’ many lending institutions [...]
Kitchener Waterloo Real Estate Investments
- Allied REIT buys The Tannery District in Kitchener’s Warehouse / Innovation DistrictBig news today in Kitchener Commercial Real Estate, Allied REIT has purchased The Tannery District, the jewel of Kitchener’s Warehouse / Innovation District for $61.75 million. The Tannery District is a 340,150 square foot property redeveloped by Cadan Properties. It was the Lang Tannery, the largest tannery in the British Commonwealth at one point. With [. […]
- Why Canada is a top choice for global Real Estate InvestorsMy friends over at BuzzBuzzHome have put out a terrific infographic about why global Real Estate Investors look at Canada as a safe haven for their investment capital. Click for full size image Via BuzzBuzzHome, The most complete listing of new construction homes in Toronto and other major centres. Related posts: Investing in New Construction [...] Related p […]
- Morty’s owners purchase Forwell Variety on King Street in WaterlooBreaking news, the owner of Waterloo’s popular Morty’s pub has purchased the Forwell Super Variety store on King Street just south of University Ave in Waterloo. This is a high profile retail location, across the street from Wiflrid Laurier University, and just south of one of the busiest corners in Waterloo Region. Note: Morty’s Pub [...] Related posts: Mor […]
- Waterloo’s The Record Talks to Benjamin Bach about WLU’s $60 mil PurchaseStudent Housing Portfolio Sale One of Waterloo Region’s Largest Commercial Sales Last night I spoke with Brent Davis from The Record about WLU’s recent acquisition of the student housing portfolio on Bricker, Ezra and Hickory. The entire article can be found at this link. Below are some excerpts of my comments: “They ask for [...] Related posts: WLU drop […]
- WLU drops $58.9 mil on Student Housing Investment Portfolio in WaterlooBig news today, Wilfrid Laurier University has closed on their acquisition of the 765 bed Student Housing portfolio near WLU campus. This will be one of the largest commercial real estate transaction in Kitchener Waterloo this year. Laurier acquires apartment buildings adjacent to Waterloo campus WATERLOO – Wilfrid Laurier University has purchased 12 studen […]
