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Category: Commercial

Granite buying $393M worth of U.S. distribution centres

RENX Staff Commercial Transactions International Oct. 22 2019

Toronto-based Granite REIT (GRT-UN-T) is acquiring three large U.S. industrial properties comprising 3.5 million square feet and has named a head of U.S. industrial operations to work out of a new company office in Dallas. The combined purchase price for

Agreement for sale vs. vendor takeback: Which is better?

Barry Stuart Commercial Strategy National Oct. 21 2019

With commercial mortgage rates at historic lows and a good availability of funds, we don’t see too many occasions where alternative finance options such as an agreement for sale, or a vendor takeback, are used. There are, however, times when

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