In the aftermath of the most recent presidential election, Richard Crenian is looking at the commercial real estate market, and how newly elected President Trump, might affect the markets. It appears as though many investors in the markets bet against a Trump win the election. However, now that the uncertainty is over, there is obviously going …
According to Canada’s continued love for shopping, the commercial real estate property will continue to put money into investors pockets. While some worry that online and mobile markets are taking over the physical shopping experience, experts say that this is far from the truth. Richard Crenian expand on this below. Richard Crenian: Online vs Offline …
Richard Crenian has heard the question… “What is happening in 2016 to the commercial real estate market?” many times this year. There are many evolutions happening in the real estate markets for 2017. There are many speculations about what could occur in our real estate market during 2017. The main question that many investors has …
Despite the not so promising Canadian economy ReDev Properties Ltd is showing significant performances. “We made several key sales during the year, as part of our strategy that focuses on divesting properties in a five to ten year timeframe,” said ReDev Founder and President Richard Crenian. “This approach ensures we are able to withstand any …
In the business world, everyone talks about how to inspire loyalty and energy in people. Research shows that loyalty is linked with the feeling of kinship with company values, a reflection of ideals and the opportunity to join in. Engaging with life’s challenges through charitable actions draws people together. In many ways, the head of …
ReDev Properties sells Belmont Town Centre on Tuesday, December 1, 2015. The Belmont Town Centre in Edmonton, Alberta, has been sold to an institutional purchaser from Western Canada in deal brokered by Colliers. ReDev Properties Ltd. is managed by Mr. Richard Crenian who founded the company back in 2001. ReDev Properties Ltd. has owned, operated …
Despite market fluctuations, including the downward pressure on Canadian oil prices and the contraction in the energy sector, the company’s strong performance indicates long-term growth for ReDev Properties with several successful transactions this year. This reflects the performance of the company for 2015. The commercial real estate asset manager sold three commercial retail properties in …
Everyone wants to discover that hidden gem in their neighbourhood. Visiting a certain store or restaurant that just has that something special be it comfort food, nostalgia, or price point. In addition, when small business owners have found their niche, they are often irresistible to their clientele, which can also be a dream for property …
TORONTO, Oct. 26, 2016 /CNW/ – Richard Crenian, President of ReDev Properties Ltd., is pleased to announce the sale of Parkdale Square located at 8004 – 8036 118th Avenue, Edmonton, Alberta. The property is fully leased with ground floor retail including major tenants such as Canadian Imperial Bank of Commerce, Kentucky Fried Chicken/Taco Bell, Parkdale …
ReDev Properties Ltd., has sold Trail South Corners, a 29,024-square-foot retail plaza in Edmonton, Alberta, and says its actively looking to sell and re-acquire similar assets in its portfolio. Located at 10417 51 Avenue NW on 3.77 acres in one of the city’s prime retail districts, the property is fully leased with ground floor retail. …