Early in March, the Bank of Canada slashed interest rates to 25 basis points in an effort to stabilize markets and the economy. In addition, the government announced Fiscal Stimulus and emergency relief loans to help citizens and struggling businesses…
With commercial real estate often being one of the biggest purchases that a business makes, understanding the types of costs associated with owning and operating a building is crucial to that business’ profitability. In this article, we help identify each…
An agreement of purchase and sale is a written contract between a property owner and buyer for the purchase and sale of a particular property. It specifies the rights and liabilities of each party, describes the real estate property including…
Understanding zoning as it relates to commercial property is essential for commercial real estate investors and property developers because failing to follow regulations can create a world of costly hassle. Local governments use zoning to regulate land use by creating…
by M. Will Fischtein A client of mine was thinking about selling his business (a mid-sized manufacturing firm) and was wondering about what to do about the real estate asset – a large factory and receiving building from which the…
by M. Will Fischtein What to do when selling the real estate you own but keeping the business that occupies it? If you work in a building you own and you’re thinking about selling, you may want to consult a…
by M. Will Fischtein Rental income became a saving grace for Toronto business owners. When business owners face tough financial times that challenge their core business and the bottom line, selling extra or vacant space in your business premises can…
Unlock needed capital A client of mine was thinking about selling his mid-sized manufacturing firm and was wondering about what to do about the real estate asset—a large factory and receiving building from which the business operated. My advice: cash…
by M. Will Fischtein, How you treat business property from an operational standpoint will limit liability and maximize capital Do you own real estate as part of your company’s structure? You should consider how to treat that real estate from…