Coronavirus, Climate, & Commercial Real Estate – Part 2/2

Credit to Author: Michael Barnard| Date: Fri, 03 Apr 2020 11:30:36 +0000

We foresee a softening of new commercial construction, a reduction in cosmetic renovations of existing stock, an increase in renovations focused on improving the net operating income including a strong focus on heat pumps displacing gas furnaces and existing air conditioning and an increased shift to distribution-center business models

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Politics Of Coronavirus, Climate, & Commercial Real Estate – Part 1/2

Credit to Author: Michael Barnard| Date: Fri, 03 Apr 2020 11:00:33 +0000

We foresee a softening of new commercial construction, a reduction in cosmetic renovations of existing stock, an increase in renovations focused on improving the net operating income including a strong focus on heat pumps displacing gas furnaces and existing air conditioning and an increased shift to distribution-center business models

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Investors buy SRO buildings as City of Vancouver calls on Province to discourage speculation

Credit to Author: Joanne Lee-Young| Date: Fri, 31 Jan 2020 02:04:45 +0000

Single room occupancy hotel buildings have long been “cash-cow” investments, providing a steady return of income for owners, but with land elsewhere in Vancouver more scarce and expensive, some are eyeing to develop these buildings, but also ask for more lucrative rents.

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