Recent content by Calbusier

Financing fell apart, trades not getting paid... this one may sit for a while unfortunately.

The environmental approvals have been received from the province on this site and the land use and DP applications have been resubmitted and are circulating with CPAG.

Anthem just received a DP extension until February 2023 on this file...

The social media release today made it look like 100% rental

RNDSQR has wanted to start self performing, I know they are on their Peaks&Plains project for sure. So it might just be their internal team.

It will eventually but likely not until spring/summer 2020

Two of my friends live in colours and I think it is gorgeous. As others have mentioned, once the concrete is sealed it is easy to clean and maintain.

Negative, haha. They should focus on what they do well (acquisition and asset management) and then bring in a consultant or partner who actually knows how to get a development finished correctly.

Unfortunately it is just equipment being used to complete the deep servicing on their other site down the road!

They had their official ground breaking ceremony with Councillor Woolley today on site. Really looking forward to watching this one get built!

What a joke. I would stay so far away from ASI if I was a trade, service provider, supplier or professional consultant. I think Frank should stick to what he does best, just own and operate buildings. Clearly, they have an issue with executing projects.

Very astute assessment MJC! The cap rate is likely hovering somewhere close to 4.25% on this one. When you run the numbers, you actually have to look at rents on a per square foot basis, not just on an absolute basis because of the variation on the unit sizes (and that is how you calculate the...

I bet nothing happens with this one and the land is re-sold.

Neato, love it!

It is a purpose built rental but still....