Archive for News
Canada Small Business Financing Loan
Canada Small Business Financing Loan or (CSBFL) as it is commonly referred to is a financing program created by the Federal government to make it easier for small businesses to get financing. It is used to finance leasehold improvements and fixed assets such as equipments and buildings. Loan amounts are available for up to $500,000 [...]
BofC Stays Holds Interest Rates Steady
The Bank of Canada surprised no one this morning by leaving overnight interest rates unchanged. Although the tone of the central bank’s press release was more positive than previous ones, it looks like its going to take more good news before the bank will start hiking rates again.
Non-Residential Construction Softens in Alberta
Per ATB Financial, dollars spent on non-residential construction continued to slide toward the end of last year. But in the grand scheme of things, Alberta’s commercial, industrial and institutional construction spending in 2010 may not have been that bad after all. During the fourth quarter of 2010, Alberta saw $2.165 billion spent on non-residential construction [...]
Property Pricing in January Rose for 3rd Straight Month
Property Pricing in January Rose for 3rd Straight Month Mar 22, 2010 – CRE News In another sign that the era of rapid commercial property value declines is ending, pricing in January increased for the third consecutive month, according to the Moody’s/Real Commercial Property Price Indices, or CPPI. However, the monthly rise is not a [...]
Cap Rates in Decline for Class-A Properties in All Sectors
Mar 9, 2010 – CRE News The days of rising capitalization rates are coming to a halt for class-A properties in all commercial sectors, says CB Richard Ellis. Cap rates for those assets with stabilized incomes in the office, multifamily, retail and industrial sectors last year declined or held flat in more markets than the [...]
U.S. Raises Prime Rate
U.S. stocks rose yesterday as investors took the Federal Reserve’s discount rate increase as evidence the financial system is healing, but worried the eventual withdrawal of easy money will hurt Wall Street. Read more: http://www.financialpost.com/news-sectors/financials/story.html?id=2590088#ixzz0g6RNlFmu