Currently, property development and development of commercial properties in Ontario requires a wider variety of financial solutions than at any time before. Thanks in large part to continued low interest rates today offer by lending institutions in Canada.
From a financing point of view, property development business falls under two fundamental categories: owner occupied facilities, and investment facilities. The latter may be speculative for lease, include some pre-leasing, or it might be a wholly-occupied build-to-suit project.
Click here michael wilfrid beattieÂ to read full article