Who is Equifax and What Happened? Equifax Inc. is a consumer credit reporting agency that collects and aggregates personal information of individuals and businesses worldwide. They rank a person’s worthiness to receive credit, for things like car loans, mortgages, credit cards or sometimes even service. Equifax became aware of a security breach on July 29, …
When it comes to the commercial real estate market in Canada, Richard Crenian says that right now is the best time to be getting a piece of the action. But just because the market is “booming” doesn’t mean you can’t make mistakes. Like any big investment, buying commercial real estate property takes a lot of …
A spree of back to back natural disasters in September 2017 has left many property owners and investors the U.S., the Carribean, Mexico, etc. wondering about the impact on real estate, and their own financial futures. Numerous new natural disaster records have been set in the past few weeks when several category 4 and 5 …
ichard Crenian, President of ReDev Properties Ltd., is pleased to announce the unconditional agreement to sell Daly Grove Centre located at 4205-4259 23rd Avenue, Edmonton, Alberta, Canada. CBRE, Edmonton was engaged as the broker for the vendor. Daly Grove Centre, purchased in 2007 has over 33,000 square feet of rentable retail and office space in Edmonton’sresidential and family-friendly Mill Woods …
funds and individual investors proves how attractive investing in real estate still is for savvy investors. Below are some of the main reasons sophisticated investors are choosing commercial real estate now. Tangible Assets When you invest in real estate, you actually own an asset. If you were to invest in the stock of a company …
The Scotiabank Pro-Am Hockey Tournament always sees a big turnout, especially when ReDev Properties’ president Richard Crenian takes to the ice. This event is hosted every year to help raise fund for Alzheimer’s in support of Baycrest. Overall, the top individual fundraisers for the event included: Larry Berman – $70,221 Richard Crenian – $59,056 Joey …
Below are five factors at play when the Internet and search technology are used to attract customers and locate retail investment opportunities. Enticing Buyers to Shop The Internet is making marketing for advertisers more effective and efficient. Marketing messages are everywhere now, like on our phones, on Instagram, in elevators, on our watches, and more. …
Government efforts to increase housing affordability and to stop a housing crash could be beneficial to local retailers and their landlords. Expanding Retail Unlike the U.S, Canadian retailers have been unfazed by online shopping trends. Some Canadian retailers have already been expanding their floor space with Freshii’s planning to triple its number of locations, after …
Global uncertainty continues to wreak havoc on investors, as markets are dealing with political uncertainty, sizable economic shifts, and changing real estate markets. Although we have plenty of data to predict where we are going on a macroeconomic level over a long term period, the current narrative within the investment community is driving sophisticated investors …
Whenever people talk about buying property you are likely to hear the old saying: “location, location, location.” But for property investors it is more likely to be: “finance, finance, finance.”, and for those of us in the commercial real estate sector, who have experience of good and bad times, we are most likely to say: …