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Posts Tagged ‘commercial property’

Apparently downtown Vancouver is quickly becoming a hotbed of activity for banks. With so many financial institutions making the move into into the core over the last three years (albeit some of them have not survived this past year – Bank of Clark County for one), one might think Vancouver was on track to becoming [...]

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Just today, I was discussing this very topic with people I met at a local lunch event. The impending commercial mortgage issue is a doozy and while the economy is showing signs of bottoming out and turning toward a slow, slow recovery many believe this is a recession/recovery looking more like a “W” than a “V” or “U”.  [...]

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According to National Real Estate Investor, an industry tracker, the climate among buyers and sellers of commercial real estate is a chilly one to say the least. With the credit crunch at full throttle, you have to be Warren Buffett in order to secure financing, and he doesn’t really need it. Denise Kalette of NREI writes, “Commercial [...]

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