Read between the headlines for opportunity in commercial real estate
If you’ve been reading the headlines coming out of the U.S. recently, you know the bottom’s falling out of the commercial property market. Defaults, delinquencies and foreclosures on office buildings, retail centres, industrial warehouses, etc. have swept the country. Pretty bearish conditions for mortgage holders on these properties.
In Canada, however, despite a difficult recession, the situation is quite a bit different. And this is creating opportunities for investors north of the border.
So say Don and Ben Rodney -- two experts who ought to know.
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