Oct 17

Mobile Shopping Boosting Retail Investments

Written by: Richard Crenian

UntitledA new report shows that almost 80 per cent of Canadians are now using smartphones to shop and make their purchases.

Furthermore, coverage of the latest surveys by the Edmonton Journal shows that 79 per cent of Canadians between the ages of 18 and 29 years old and as many as 77 per cent of those aged 25 to 54 are using mobile devices in conjunction with shopping in Canadian retail stores.

While 10 per cent of the surveyed Canadians have used mobile payments, less than a quarter of shoppers say they feel comfortable using their smartphones to make payments, rather prefer  to use credit cards and cash in stores. Click here to read more.. »

Posted in Commercial Real Estate, real estate investment, Richard Crenian
Comments: Closed tags:
Oct 17

How to Finance Your Next Commercial Property Investment In Canada

Written by: Richard Crenian

UntitledThere have been no better time than now to capitalize on the opportunities in Canada’s commercial real estate market. Values and demand are both trending up and interest rates remain low.

Here are some ideas to look at when analyzing gow to fund new investments in the current market.

Cash Purchases

Many Canadians are currently flush with cash or have cashed out other types of investments to help restructure and optimize their portfolios. Cash can be a great asset to have when capitalizing on attractive investment opportunities, as it enables investors to negotiate from a position of strength and achieve above average returns – all while retaining the benefits of a solid equity position.

It’s always wise to keep some cash on hand to retain liquidity and ensure diversification across your portfolio.

 

Commercial Mortgage Loans in Canada Click here to read more.. »

Posted in Canadian Economy, Commercial Real Estate, Richard Crenian
Comments: Closed tags:
Oct 17

How Canadian Retail Property Investors Can Boost Their Returns Now

Written by: Richard Crenian

UntitledWhat can Canadian retail property investors do to elevate their returns now?

Commercial property returns in Alberta and specifically Edmonton are already very healthy. However, it always pays to get ahead of the curve and maximize margins while the opportunity to get ahead is there.

Here are nine ways retail property investors in Canada can improve on their annual and lifetime returns;

1. Curb Appeal

Improving a shopping plaza’s curb appeal, including signage can go a long way to attracting new tenants, earning loyalty from existing tenants and boosting traffic.

2. Parking Spaces Click here to read more.. »

Posted in Canadian Economy, Commercial Real Estate, Richard Crenian
Comments: Closed tags:
Oct 14

Ending 2014 Strongly

Written by: Richard Crenian

REDEV - Best Moves for Canadian Real EstateThe end of the year is coming fast. The moves Canadian property investors make now can make all the difference in maximizing 2014 portfolio performance and setting themselves up for a great 2015. Here are some steps that can help end 2014 strongly.

1. Capitalize on Seasonal Acquisition Opportunities

This time of year traditionally yields many attractive real estate acquisition opportunities. Asset prices may rise significantly as we move deeper into the fourth quarter. So take another look at what’s on the market and act accordingly.

2. Take Advantage of Improving Retail Performance

Retailers are headed for a significant boost as we approach the holidays, carrying them into the new year on positive results.

Increased sales mean more revenues and better rental income for retail property landlords. So look out of retail property investment opportunities and opportunities to increase rent or execute performance based lease provisions.

3. Position Properties for Better Dispositions Click here to read more.. »

Posted in Canadian Economy, Commercial Real Estate, Richard Crenian
Comments: Closed tags:
Oct 10

Diverse Tenants

Written by: Richard Crenian

1Multi-tenant commercial properties can offer Canadian investors increased security and work to keep cash flow and investment returns consistent. The strategic diversification of tenants and property types can offer even more protection, higher yields and appreciating property values.

This concept of diversification is not as advantageous in multifamily apartment buildings where similar tenants work best together. In contrast, smart leasing and tenant selection in retail can enable investors to significantly elevate returns over other sectors and competing properties.

So what are some of the tenant types that shopping plaza landlords should be incorporating and what are their advantages and disadvantages?

Brand Name Anchor Tenants

Big name anchor tenants such as Target and Wal-Mart can be very desirable. Other retailers that can be placed in this category may be notable grocery store chains and to a lesser extent popular banks and fast food chains. Name familiarity helps bring in automatic traffic to the entire plaza or shopping center.

Founder of SkyFive Properties in Miami, Kaya Wittenburg, says this goes far beyond having a solid tenant to creating value in brand equity. At the extreme this has been seen in residential developments in South Florida where Porsche and Armani are attaching their names to buildings. Well recognized names in shopping, as with hotel flags can also help when it comes to obtaining attractive financing and can add real value to the price per square foot when it comes time to sell.

However, it is important to acknowledge that licensing names and national credit tenants can come with a high cost. Sometimes this can actually become counterproductive for yield seeking investors, as big name brands have a lot of negotiating power and can be very demanding.

Small Businesses

Small local businesses, boutique stores and startups are often seen as being riskier by experienced property investors and advisors. They typically have fewer back-up resources and may be more likely to fail or leave unexpected vacancies.

However, these tenants can also offer many advantages to commercial property landlords. Property owners have more negotiating power with these tenants, resulting in more opportunities for higher rents and performance-based bumps to rental rates. They can also bring new excitement and buzz to a shopping plaza.

Necessities

Necessity stores and services are the type of tenants that often fall in the middle of the large anchor tenants. Businesses such as auto service companies, pharmacies and coffee shops can bring in steady traffic to retail centers because they offer services that are necessary to the needs of the local community.

Commercial property investors should be careful about preconceived notions when it comes to tenants and property performance. By leveraging the points above, investors can further elevate their returns and create even more equity in their holdings.

 

Posted in Canadian Economy, Investing Alberta, real estate investment, Richard Crenian
Comments: Closed tags:
Oct 10

Five Steps to Consider When Expanding Your Bank Account

Written by: Richard Crenian

2Who wants to be a millionaire? Making smart moves and applying a few proven principles can help continually grow your bank account.

 

  1.  Diversify

Regardless of what type of investment you’re interested in pursuing, it’s always wise to stay diversified. There are few guarantees for the future, technology is constantly changing things and reshaping industries.

 

  1.  Don’t Rush

 There will certainly be moments when Canadians will need to move fast to get in at the right time. However, it’s not always a race. Newspapers are always covering stories of those that took unethical short cuts. Instead, opt for the steady path and leverage the benefits of compounding interests and returns.

Click here to read more.. »

Posted in Commercial Real Estate, Investing Alberta, real estate investment, Richard Crenian
Comments: Closed tags:
Oct 10

Adding Value to an Investment Property

Written by: Richard Crenian

1Commercial real estate properties are excellent long-term investments. However, many believe to have a successful property investment, vast amounts of time and money needs to be applied. Many don’t realize there are various ways to increase and optimize the value of a property in basic ways.

In fact, one of the easiest ways to increase the value of a commercial real estate property is to capitalize on the Net Operating Income (NOI). Before spending extra money on renovating or updating the space, an initial option property owners can look into is to review their leases.

For example, ReDev Properties Ltd. often shops for properties where tenant’s leases are close to expiry. This way we can re-evaluate the leases and terms to ensure they’re competitive and profitable for both new and existing tenants. Click here to read more.. »

Posted in Commercial Real Estate, Investing Alberta, real estate investment, Richard Crenian
Comments: Closed tags:
Oct 10

The rising price of Calgary real estate

Written by: Richard Crenian

downtown_calgary-1019x546Calgary is booming

 

Vancouver, Toronto and Calgary are the top three wealthiest cities in Canada, but with a booming real estate market that shows no signs of slowing down, Calgary is poised to give the other two cities a serious run for their money. The gap in average household net worth among these three cities is also narrowing, with Calgary’s red-hot real estate market helping to secure Alberta’s position as the second wealthiest province in Canada at the end of 2013.

 

To that end, real estate values in Calgary are up a very prosperous 9.1%, compared to increases of only 2.8% in Vancouver and 6.6 % in Toronto. According to data compiled from WealthScapes 2014 (a database from Environics Analytics, on the assets, liabilities and wealth of Canadians up to December 2013) the average household net worth in Calgary was $680,377 and the average price of a home was $485,364. In addition to its healthy real estate performance, Calgary has also enjoyed a 2.9 % decline in consumer debt which is a significant drop when you consider that national consumer debt has remained essentially unchanged. Click here to read more.. »

Posted in Alberta Vs., Canadian Economy, Commercial Real Estate, Investing Alberta, Richard Crenian
Comments: Closed tags:
Oct 3

Canada Leading the Charge in Ethical and Sustainable Business

Written by: Richard Crenian

UntitledRecent news surfaced Hewlett-Packard Co. is now facing a 10 year ban on supplying technology to the Canadian government. The news is unfortunate for HP, however it also indicated the sustainable and ethical direction Canada is taking.

Under new rules, companies face automatic bans if they or any affiliates are convicted of violating rules in Canada, as well as anywhere else in the world.

The rulings are a wake-up call for many major technology firms across the world. Even Apple experienced a similar issue in California after failing to comply with green environmental standards.

While many smaller companies and entrepreneurs in recent years are quickly jumping on this trend, many larger corporations are lagging behind. Click here to read more.. »

Posted in Canadian Economy, Commercial Real Estate, real estate investment, Richard Crenian
Comments: Closed tags:
Oct 3

Commercial Real Estate Investment Continues To Trump Stocks & Equity Funds

Written by: Richard Crenian

UntitledPrivate Canadian commercial real estate investors are continuing to find their edge in direct investment opportunities.

A Globe and Mail columnist recently wrote an appeal to investors stating they should look to invest in real estate rather than company stocks.

In particular, there are two reasons to the media’s encouragement to move away from long-term stock investments; the extremely volatility of the equities market and the vast layers of administration.

The recent news of HP being replaced as a technology supplier to the Canadian government for 10 years is an example of how companies can be susceptible to stock market volatility. Click here to read more.. »

Posted in Canadian Economy, Commercial Real Estate, Richard Crenian
Comments: Closed tags: