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    Toronto Toronto | Bisha Hotel and Residences | 146.91m | 44s | Lifetime | Wallman Architects

    http://compendiumdaily.wordpress.com/2010/01/25/bisha-hotel-ids-2010-help-the-haitians-boehmer-and-target/ The brand was launched this weekend at IDS 2010. If anyone was at the show please post pics of their booth which was one of the four main booths called "the ultimate".
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    Spadina Subway Extension and Housing Price

    Well I think if interest rates are low now and you can lock in for 5 years at a great rate, now might be a good time to start accumulating properties. You'll end up selling them just before you refinance which should be extremely close to when the subway stations open. On the other hand, if...
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    Toronto Toronto | The Yorkville Condominiums | 104.54m | 31s | Lifetime | Wallman Architects

    I agree. I live down the street and pass the Domus everyday. One of the truly unique buildings in the city, and one of my favorites. If only a 2 storey suite was in my price range, lol. You guys did a great job on it (you were the development manager on the project with Diamante were you not?)
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    Toronto Toronto | First Canadian Place Rejuvenation | 298.08m | 72s | Brookfield | MdeAS Architects

    Website detailing the project and all. Loving this
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    The Tenor (10 Dundas St E, Ent Prop Trust, 10s, Baldwin & Franklin)

    Anybody know what TLS is selling for?
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    1 Bloor East, DEAD AND BURIED (Bazis, -2s, Varacalli)

    How big was the Lehman brothers piece? Tricon's investment philosophy seems to be too out of touch with the scale of this project. Granted in this economy opportunities arise and people sometimes try new things, but Tricon typically acts as a Mezzanine lender. Smaller investments. They...
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    Not using a buyer's agent in this market

    Well maybe it's my approach to real estate that makes them a poor choice for someone like me. I'm in the camp that believes the purchase of a home is generally the largest investment most people will make in their lives. And for that reason, you must treat it like an investment. Pay only...
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    Not using a buyer's agent in this market

    I wasn't specifically referring to him. I get it, he's an old time lawyer, not the liveliest of personalities. My mistake. But the person asking the questions (I guess you) was obviously reading off of cards. Because of that, the video came off sounding very contrived. I apologize for...
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    Not using a buyer's agent in this market

    That may be true, but the reality is that the quality of people who become real estate agents is extremely low. Most of them don't know anything other than how to show the property and how to draft an agreement. I've yet to meet an agent who was more informed than myself, and because of that...
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    So, um, when are condo prices supposed to drop again?

    Maybe you're right, maybe not. But based on my observations and discussions, it's not myth. In any event, there is no question that the future generation will have to adjust to a vastly different lifestyle.
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    So, um, when are condo prices supposed to drop again?

    Well I'm not sure which generation I'd fall under, this or next. I'm 24. But I will say much of the upcoming generation is going to have an exceptionally hard time with this. Through the current baby boomers prosperity, a lot of children have become increasingly entitled. No work ethic, no...
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    Unique Houses in Toronto

    If anyone is passing through Rosedale, there is a beautiful house on Bin Scarth that I believe was used in the first X-men movie. Probably my favorite house in the city. Wish I had a picture, sorry...
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    So, um, when are condo prices supposed to drop again?

    The fact of the matter is if it costs less to walk away than it does to hold on and close the deal, people will walk away. There is no rational reason to justify why someone wouldn't. Doesn't matter if they can afford to hold on, or they're international businessmen, or any other reason you...
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    1 Bloor East, DEAD AND BURIED (Bazis, -2s, Varacalli)

    Great read. Very well written
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    So, um, when are condo prices supposed to drop again?

    No doubt about it, this has been a coordinated effort to boost markets. I would be willing to bet that the real players are selling into this rally, not buying. The big red flag for me is the fact that almost every piece of good news in the past few months which sparked this rally has been...
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    To incorporate or Not to incorporate?

    Go to a real estate/investment focused accountant. They'll be able to answer everything. Generally, owning properties as individual businesses makes sense. But I'm not a pro in this area so talk to an accountant.
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    Investors - are you a realtor?

    As a very large developer once told me, "Everything is for sale". Generally you have a specific use in mind for a property, so the goal is to go out looking for a property that can meet that use. Location wise, size wise, meets parking requirements, etc. Then you go to the land registry...
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    Investors - are you a realtor?

    Most good deals are generally not listed, so you're going directly to the owner. If it's on the MLS, it's usually shit. Not sure how being a Realtor would benefit you if it's a private deal. Maybe being a lawyer would though. Unfortunately, most people getting into real estate investing...
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    Toronto Toronto | Fashion House | ?m | 12s | Freed | Core Architects

    Does anybody know what is happening with the old industrial/commercial building that is a part of Fashion House? Is it being used as part of the condo, or is it going to stay as commercial space. If so, any confirmation on the tenants who will occupy it (retail in particular)? edit: I'm...
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    So, um, when are condo prices supposed to drop again?

    While technically speaking real estate is a hedge against inflation, it's a piss poor one, especially during the collapse of a real estate bubble (yes, even Toronto had a bubble, condos in particular). For one, the market is illiquid, and second it has a reliance on credit markets. If you want...

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