A difficult decision that business owners need to make is whether to buy or lease their place of business. There are many factors that need to be considered when deliberating between each option. Below you will find a list of pros and cons for buying and leasing commercial real estate. As a result, you will be able to effectively weigh…
Acquiring commercial space is often stressful and complex. However, it may be a smart business investment and integral to your business plan. Therefore, it is critical that you do your due diligence prior to sealing the deal. This involves planning, researching, and ensuring that your choice of space and acquisition method meets your needs as well as maximizes your investment.…
You may be familiar with the Empty Homes Tax and the Speculation and Vacancy Tax if you are a homeowner in or around the Vancouver area. The key difference between both taxes is that the first is only applicable to Vancouver whereas the latter is province-wide. As of December 31, 2019, significant updates were made to the Speculation and Vacancy…
The coronavirus outbreak has affected everyday life with the media playing a large role in instilling panic through sensationalized headlines. The general public’s fear of the unknown coupled with misinformation has already led to a shortage in personal supplies such as hand sanitizer, face masks, and toilet paper. Thus, it is logical to assume that the real estate market, too,…