Category North America

Canadian Retail Sector – Keep it Simple

Canadian macroeconomic expectations have deteriorated in the second half of 2024. Immigration policies are becoming more conservative, adding to uncertainty. Unemployment rates have lately jumped off as the private sector employment is in recession. In such context, personal income growth…

Spread-ing Our Bets

What are commercial mREITs:  At their core, commercial mREITs operate simple businesses. They write short-term, floating-rate loans collateralized by pre-stabilised (transitional) commercial real estate assets. They then turn around and lever up the returns on these loans using financing from…

Booming Debt Markets Waiting For You

Amidst a continually fluctuating macroeconomy with shifting interest rates, lending regulations, and the like, capital allocation has become a key focus of most commercial real estate investors and participants. Recent bank policies turning away from CRE lending given the uncertainty…

Seeing Through The Price Transparency Fog

Price transparency is a vital tool for Commercial Real Estate (CRE) investors to leverage in their underwriting and investment strategies. Valuation in any sector or market comes down to valuing your investment and returns appropriately to empower your underwriting with…

Deceptive Optimism In CRE Office Vacancy Rates

Examining how Office occupancy is projected to show different shaped recovery than the optimistic “V-shaped” bounce back. Some market participants are beginning to forecast long-awaited changes in CRE office vacancy rates. But it seems as though certain secondary factors are…