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Benjamin Tal, Don Campbell, 2012 Alberta Real Estate Opportunities
Market News & opinions from the experts View the full newsletter from Parkhurst Asset Corp here… and if you’d like to receive this valuable market information right to your inbox, be sure to join our e-mailing list by subscribing on the right. Benjamin Tal on outlook for 2012 Here are notes from the event. Benjamin Tal is the chief economist for CIBC World Markets and viewed as one of the top experts on real estate in Canada. Here are his thoughts on Europe, China, the US recovery, and the impact on Canadian real...
read moreCell phone do not call list
Cell Phone Numbers went public in December 2011 REMINDER….. all cell phone numbers are being released to telemarketing companies and you will start to receive sales calls. YOU WILL BE CHARGED FOR THESE CALLS To prevent this, go to the following web-site for Canadian Telephone Numbers: www.lnnte-dncl.gc.ca It is the National DO NOT CALL list. It will only take a minute of your time. It blocks your number for five (5) years.
read moreBenjamin Tal speaks at NAIOP on 2012 economic predictions
For those who prefer the executive summary: I see china slowing down, but I see the government responding in a very quick and appropriate way. US economy is moving in the right direction. We will outperform most economies, but still low growth of 2% Yield like reits will enjoy the benefit of uncertainty in that the BOC will not want to change rates. INTRODUCTION AND PRESENTATION BY BRYDON CRUISE – BROOKFIELD – NOTES: TOTAL $32B market cap for securitization of real estate in canada. Brydon suggests there is room...
read moreParkhurst updates, market news, limited time opportunity
Parkhurst news It has been a busy year in 2011. In a market climate with global uncertainty, occupy movements, major world economies being debt downgraded, and volatility in equity markets, the majority of investors in the world today are looking for stability and security. Canadian commercial investment real estate has attracted a lot of interest and markets have been very active. Foreign investment has been flooding into Canada, and certain asset classes and cities in Canada are receiving the lion’s share of this direct...
read moreMarket News on Canadian commercial real estate into 2012
Alberta is booming again…RBC Report Amid the heightened economic uncertainty spreading globally in the past several months, Alberta’s steady progress toward full recovery from the recession is refreshing. RBC Report here… 2012 12_RBC_economic outlook – AB Multi-family is the in demand asset class! Momentum Expected to Carry Over Into 2012 In an era where stability is prized, multi-housing properties will continue to be in favour. This is the only commercial property type in Canada that is performing similarly in the...
read moreIs home ownership really a smart investment?
In a recent article, the question was asked as whether home ownership is really a smart investment. Here are our thoughts… Beware comparisons to stock markets on avg home prices. Home ownership is for pride, and forced savings, NOT an investment. Although based on forced savings, most people have more equity in their home than in investments at retirement. Investing in cash flow real estate however, if done properly, generates net income (tenants pay the costs) and when you factor in leverage, the % returns are an entirely...
read moreMarket commentary on commercial lending rates, and Europe’s effect on Canada
Rates have bounced around quite a bit in the last 24 hours. Beginning early Monday afternoon, the bond market began to rally sharply as word came out that S&P were going to place 15 (out of 17) eurozone sovereigns on negative watch for possible downgrade, including all six AAA-rated nations (Germany, France, Austria, Netherlands, Finland, and Luxembourg). S&P is apparently concerned about the impact of systemic stress within the eurozone on economic growth, although the downgrades themselves are very likely to amplify such stress,...
read moreEdmonton downtown arena – approved by City Council
EDMONTON CITY COUNCIL APPROVES FUNDING FOR NEW OILERS ARENA The Canadian Press – 10/26/2011 7:26:22 PM EDMONTON — One hurdle remains for the National Hockey League Oilers to get a new downtown rink — but it’s a big one. Edmonton city councillors voted 10-3 Wednesday to sign on to a cost-shared deal with team owner Daryl Katz for a new $450-million arena. But when everything is added up, the deal is still $100 million short. Both Katz and the city have been asking for that money from either the provincial or...
read moreThoughts on the Occupy Wall Street movement
Here is an article that we like, on the perspective on realities of issues with the Occupy Wall Street movement. Enjoy the read and please comment below to let us know your thoughts. Perspective: Losing our Sense of it . . . By Mary Beth Hicks Call it an occupational hazard, but I can’t look at the Occupy Wall Street protesters without thinking, “Who parented these people?” As a culture columnist, I’ve commented on the social and political ramifications of the “movement” – now known as...
read moreOil demand, hiring sprees, CMHC update
Oil sands for the very, very long-term Alberta’s oil sands are a key factor in global oil pricing, says head the of Total S.A. chairman. In an article by the Globe & Mail, he explains Alberta’s resources are an increasingly important source of energy in a world where finding and extracting oil is becoming more and more difficult. This is leading to increased investment in Alberta, which creates jobs, housing demand, and ultimately rising real estate prices. See here for a visual example of the impact energy appetites over the...
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