GWL’s longstanding love for apartments continues

GWL’s longstanding love for apartments continues

A self-professed “office guy,” Paul Finkbeiner has learned to love apartments for the steady, predictable profits they churn out for his pension fund shareholder base. “A lot of my competitors are only waking up to it the last five years saying, ‘Oh these apartments are really good.’ We have known it for the last 20,” said the president of GWL Realty Advisors Inc.

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Cushman & Wakefield acquires Ashlar Urban Realty

Cushman & Wakefield has acquired Toronto commercial real estate firm Ashlar Urban Realty, which represents more than 150 urban assets, for an undisclosed price. Ashlar was founded in 1999. It has specialized in investment sales, office, retail and land development and is cited as a pioneer in recognizing the potential of downtown Toronto’s east and west corridors.

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Title insurance pioneer Patrick Chetcuti retires

Patrick Chetcuti, who pioneered the introduction of title insurance in Canada, has retired as president of FCT. “I have been involved with the title insurance industry in Canada from the beginning, and I have spent a lot of that time working with and developing an enthusiastic and entrepreneurial group of people at FCT,” said Chetcuti.

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Fortress pokes holes in rising home price theories

Lack of supply, urban containment policies and long wait times for approvals are more responsible for high home prices in the Greater Toronto Area than land hoarding and foreign speculators, according to Fortress Real Developments’ comprehensive new Market Manuscript report.

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Urban Land Institute tackles development gender gap

The Urban Land Institute Toronto District Council is taking steps to address the gender gap in the male dominated property development industry.

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The need to make tax rebates for vacancies fairer for everyone

There is a perception among some municipal officials that commercial property owners, by and large, would rather have a tax rebate than a paying tenant.

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Advisors obliged to provide innovative options

Be it in technology, processes, or simply mindset, consumers are frequently ahead of business in the adoption of new best practices and techniques.

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Six months ago: Buying, selling continues for Dalfen North America

If you call Sean Dalfen asking about some deals his company recently announced, there is a good chance that he has just signed off on another he hasn’t gotten around to announcing yet. That’s exactly what happened this week with a call to Dallas-based Dalfen America Corp., a company with its roots in Quebec.

Property Biz Canada

One year ago: Why did Genesis CEO, CFO leave the company?

A rift between management and the board in terms of outlook and strategic plans were the reasons behind the surprise departure last month of the top two executives at Genesis Land Development Corp. (GDC-T) 

Property Biz Canada

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