As we talked about in Part 1, implementing Yardi Investment Accounting (IA) and/or Investment Manager (IM) can be a field of landmines. Without the right experts, it can take three or four times as long to implement. Because of the flexibility offered by the modules, you need to design them well from the start. Otherwise,
Are you looking into investing in commercial real estate? Getting started with investments as a beginner can seem like an intimidating and overly complex process. Buying something like retail space, in particular, is a significant investment; thus making it seem inaccessible to all but the biggest investment institutions. However, as Ramesh Nair of Jones Lang
The Globe and Mail recently reported that midtown Montreal is going through a bit of a transformation. The Park Extension area, located right in the middle of downtown and suburban Montreal, is a primarily industrial area. Multiple dilapidated buildings, however, are being torn down and replaced with contemporary structures. The purpose of this restructuring is
The Globe and Mail published an interesting article recently. They indicated that this year sees the 20th anniversary of Canadian real estate investment trusts, better known as REITs. Born out of the commercial real estate collapse of the early 1980s and 1990s, REITs became an alternative to prospective investors who had little else to rely
The recent Calgary flood is one of the worst natural disasters to strike the city in quite some time. Property damage, in particular, has been extensive, a fact made clear by the landlords of various commercial and residential projects in the city. Bill Partridge, president of the Calgary Building Owners and Management Association, was able
The boom in new office space in Toronto has been growing steadily for years. It is actually quite surprising, however, since corporations are leasing less space than ever before. Supply is rapidly outgrowing demand, with 5.4 million sq. ft. of office space already under construction. This is happening despite the fact that tenants are leasing
