Knowledgeable about valuation techniques and business sales processes Experienced in interviewing and screening potential buyers and bringing ready, willing, and able buyers to the seller. No emotional attachment to the business – can be objective, rational and help...
The best time to sell your business is when it is doing well. It is profitable, with a sold balance sheet and has a growing customer base. You have up-to-date financial records, preferably reviewed or audited statements by a certified accounting professional. There is...
Overall Real Estate Market With rising interest rates, tightening lending standards, and growing concerns about a recession, there is a global repricing happening across all real estate classes. More investors are moving to the sidelines. Investors remaining in...
SARNIA-LAMBTON COMMERCIAL/INDUSTRIAL MARKET 2022 Industrial Market In 2022 the North American industrial market remained strong with record low vacancy rates and in southwestern, Ontario, vacancy rates were less than 1 percent. A more balanced market would be 6% to...
Basics of Tenant Improvement Allowances and Negotiation What is a tenant improvement allowance? When most companies rent space the configuration, design or condition of the space being offered for lease is not ideally suited to their unique needs. Modifications are...
Canada’s central bank has been raising interest rates resulting in higher mortgage rates. The rise in interest rates is the senior government’s response to rising inflation which is near 40-year historic highs. Canada’s annual inflation rate rose to 8.1% in June. On...
Sarnia-Lambton Overall Market The impacts of the Covid pandemic are clearly reflected in the number of active commercial/industrial listings between 2020 and 2021. In 2021 Sarnia-Lambton had 154 closed transactions compared to 66 closed transactions in 2020. The bulk...
When looking at commercial real estate purchases most buyers and sellers will be looking for metrics to evaluate their situation. Two of the most common are cap rates and price per square foot. Price per square foot (PSF) is NOT a formal valuation method (cost...
In commercial real estate, due diligence is the homework you should do before purchasing a property. Due Diligence should be completed before finalizing an agreement for purchase. It involves the systematic review and analysis of the property to confirm the aspects...
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