MICHEL DURAND / PRESIDENT AND PRINCIPAL BROKER / MORTGAGE ALLIANCE COMMERCIAL What do brokers need to do to succeed in the commercial market? Michel Durand: There are no secrets here, and it’s no different than what it takes to succeed in any market or industry. First, surround yourself with the best professionals to help you […]
Michel Durand, CEO of Mortgage Alliance Commercial, says that he’s been able to use his trusted position amongst prospects, clients, and lenders to broker a record number of deals in the wake of the pandemic. He says that current market conditions are shaped more by anxiety than the real impacts of the pandemic. Despite bleak headlines and […]
Acquisition of expansive properties has fallen to the wayside, but commercial real estate is poised to become an even more desirable choice for investment after the coronavirus pandemic, according to CBRE. This will be particularly apparent in Toronto, CBRE’s recently released “Q1 2020 Canadian Cap Rates & Investment Insights” document reported. “With internal operational issues consuming […]
Quebec’s government has included residential construction to the list of its priority services, and has allowed projects to continue starting April 20. In an April 13 news release, the government stated that this permit to continue building residential units applies to homes scheduled for delivery no later than July 31. “This announcement applies to construction […]
TORONTO – Canada could see a record-breaking $50-billion worth of investment in commercial real estate this year as economic tailwinds and immigration policies support the booming sector, according to a report by CBRE, but it says the strong economy is also creating challenges of affordability and supply. The commercial real estate services firm said Tuesday […]
The fate of the long-defunct Canada Malting facility along the Lachine Canal in the Saint-Henri section of Montreal is the subject of rival proposals for multifamily housing, one from a real estate development firm seeking a traditional condominium complex and the second from an advocacy group proposing a community-based project. The Canada Malting site was […]
Commercial real estate is frequently influenced by changes in the wider business world and one big change is driving interest in a formerly niche asset class. Data centres are now a cornerstone of business and $100 billion has flowed into the asset class in the last decade according to a new report from Cushman & Wakefield. These […]
It’s safe to say that 2019 marked the end of an unprecedented decade for Canadian commercial real estate. Backed by strong fundamentals, transaction volumes reached a 15-year high of $49.3 billion in 2018, as cap rates compressed to 10-year lows. While most property types have performed well, industrial has exceeded all expectations, as e-commerce demand […]
This year should be a good one for Canada’s commercial real estate sector with overall strong performance. The 2020 Commercial Real Estate Sentiment Survey from Devencore and Transwestern Commercial Services surveyed brokers and analysts across 43 North American offices to gain insights for the Canadian and US markets in 2020. South of the border, there […]
CMP spoke with Michel Durand in the space to find out what commercial brokers need to know to navigate a still evolving landscape.November 18, 2020 - 12:46 PM
CMP interviews Michel Durand on “How to survive in Today’s Bleak Commercial Lending Space”August 5, 2020 - 3:51 PM
New $100-million fund announced for investment in first mortgages in OntarioJuly 27, 2020 - 3:00 PM(866) 705-4447 (toll-free)
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