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Financing

Measuring your Commercial Property

In residential real estate room sizes are required, in commercial, it is less about room sizes and more about total square feet – and in leasing it is about useable and leasable area. If you haven’t already done so I strongly recommend having your space or property measured by one of a number of professional…

Sale and Leaseback – better than outright sale?

We are seeing an increasing number of clients considering sale and leaseback, for many good reasons : A global manufacturer wanting to add a new production line costing $2million who owns their own building valued at $5.5million with significant equity tied up; A manufacturer who won a bid for a major supply contract but realized their working…

Basics of Commercial Property Finance

As a licensed mortgage broker in Ontario I sometimes get involved in the financing of commercial properties. I usually do this as a convenience to my Martel clients rather than focus on financing as a main business line. Point 1 : Talk to your bank first. Most clients have an existing banking relationship with a…