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Real estate developers are stupid

Brandon Donnelly

Big Ben Myers of Bullpen Consulting doesn’t usually have strong opinions on Twitter (obviously joking), but I did see him respond to this tweet this morning: During significant downturns, developers can’t sell the units, and can’t get financing to build rentals. Developers typically rely heavily on the availability of debt financing.

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Embracing Nature’s Beauty: The Allure of Wooden Cabins

DesignRulz

In this blog post, we will explore the appeal of wooden cabins and what makes them so special. Check online listings, contact real estate agents, and explore local listings to find cabins that fit your needs and budget. Secure financing: If you’re not paying for the cabin in cash, you’ll need to secure financing.

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Buy and hold

Brandon Donnelly

I know that this is supposed to be a blog about building cities, but it’s also a blog about real estate and I have heard that people sometimes do things like invest in real estate. But the same lessons hold true for real estate, even though it is a less liquid asset.

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The impact of office-to-residential conversion on downtown areas

BD+C

Duanne Render MFPRO+ Blog High-rise Construction Mixed-Use Apartments Office Buildings Designers Architects Reconstruction & Renovation Urban Planning “The pandemic is behind us.” Further financial assistance may be available through Tax Increment Finance for projects that meet specific criteria such as a minimum of 30% affordable housing.

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Time to market and managing costs

Brandon Donnelly

On the other hand, if you’re building a condominium building in a market that generally relies on pre-sales for construction financing, which is the case here in Toronto, you spend a bit of your money up front, lock in (but not collect) most, if not all, of your project revenue, and then you spend the majority of your money.

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What might happen in 2024

Brandon Donnelly

Lower rates are good for levered assets such as real estate, but I don’t think that our industry has fully felt and processed the impacts of higher rates. This is when a “risk-on” approach will return in commercial real estate. This will help the Canadian dollar. This year marked its 10th anniversary.

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What's next for affordable housing in 2024?

BD+C

Mary Jo Minerich and Amanda Markovic, AIA MFPRO+ Blog Affordable Housing Designers Architects Legislation Adaptive Reuse What’s next with affordable housing? What does the real estate and financial landscape look like? What’s next in terms of trends, technology, and construction of affordable housing?

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