Category: Development
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If your property is in a dense urban core or an area ripe for development, there’s a piece of crucial real estate jargon you need to know: Crane Swing and Tie-Back Rights. Imagine this: a major developer acquires every property adjacent to yours and plans a towering high-rise. Suddenly, your modest building is not just a…
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During a search for a future fund CFO, I had a thought-provoking conversation with the CFO of a major Canadian corporation. We discussed a fundamental concept that often gets lost in the spreadsheets and closing documents: the profound realness of the asset class we work with. He pointed out, quite aptly, that we use the term “real…
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In every investor’s journey, there is a project that serves as a crucible. For us, it was a seemingly ordinary bungalow in a highly desirable neighborhood. The value was not in the 1950s structure but in the half-acre of prime land and the potential to redefine it. Our plan was straightforward: buy at $980,000, invest…