Tag: CommercialMortgage
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It Now Takes 5 Banks to Finance 1 Toronto Condo Project and Developers Are Running Out of Time
It Now Takes 5 Banks to Finance 1 Toronto Condo Project and Developers Are Running Out of Time Facing Power of Sale? You Still Have Options. Stop power of sale, foreclosure & receivership – across Ontario. Ontario developers cancelled 28 condo projects covering more than 7,000 units last year, insolvencies just hit a 17-year high,… Read more
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Ontario Insolvencies Just Hit a 17-Year High and Banks Are Quietly Pulling Back on the Builders Who Need Them Most
Ontario Insolvencies Just Hit a 17-Year High and Banks Are Quietly Pulling Back on the Builders Who Need Them Most Facing Power of Sale? You Still Have Options. Stop power of sale, foreclosure & receivership – across Ontario. Ontario recorded nearly 14,000 insolvency filings in the first quarter of 2026 alone, up 14.7% year over… Read more
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Toronto’s Commercial Rent Crisis: Rents Up 140% While Small Businesses Scramble To Decide Whether To Renew, Relocate Or Finally Buy
Toronto’s Commercial Rent Crisis: Rents Up 140% While Small Businesses Scramble To Decide Whether To Renew, Relocate Or Finally Buy In Toronto, average retail rents have surged roughly 142% since 2019, jumping from about 19 dollars to nearly 50 dollars per square foot, including an almost 70% spike in just one year. All over Canada,… Read more
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Ontario Receiverships Are Surging – Here’s How I Help Commercial Owners Avoid Fire-Sale Losses
Ontario Receiverships Are Surging – Here’s How I Help Commercial Owners Avoid Fire-Sale Losses Across Ontario, more commercial and development projects are sliding into receivership and distressed sales, especially in markets like the Greater Toronto Area where land deals are under severe pressure. Once a receiver or power of sale process starts, owners often lose… Read more