commercial mortgages
Commercial Mortgage Market Update
Residential lending may have slowed, but commercial lending is going strong. Commercial mortgage balances grew 8% last year versus 2012, according to lender CMLS Financial.
Commercial Mortgage Pointers
Here’s a story about how hard it’s become to secure commercial mortgages, versus 2 to 3 years ago. (See Lender Loyalty by Orillia Today) In
Commercial Real Estate Recovery Near, Say Execs
The Globe recently interviewed four of the biggest commercial real estate executives in Canada. They had this to say about commercial financing: Pierre Bergevin, Pres.
PwC Is “Pessimistic” on Commercial Real Estate
PricewaterhouseCoopers (PwC) issued a somewhat alarming report on Canadian commercial real estate yesterday. Among the key points, PwC said: “We’re very pessimistic, and we think
CMHC-Insured Multi-Residential Financing
Financing for multi-unit (5+ unit) residential buildings comes in two varieties: CMHC Insured Non-CMHC Insured People with healthy down payments frequently ask why they’d ever
More Challenges Seen For Commercial Financing
Sources quoted by the Globe say Canadian commercial financing has plunged by one third compared to last year. The Globe’s article had various other noteworthy
Lack of Presales Sink The Ritz
It’s largely about the pre-sales in construction lending these days—and one of Canada’s headliner projects (the $500 million Ritz Carlton Vancouver) just didn’t have enough.
Development Financing Blues
If anyone needs a dose of depression look no further than recent headlines about commercial financing… Commercial Real Estate Faces Pinch (Globe & Mail) Cracks