Author Archives: Danielle Park

Commercial real estate investors cutting losses

Posted on February 29, 2024 by Danielle Park

2024 is a big year for commercial real estate refinancing (US loans maturing by year graphed below, via Liz Ann Saunders). Interest rates, insurance, taxes and ongoing maintenance costs are on the rise as occupancy rates decline. Investors who bought … Continue reading →

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Insolvencies leaping as credit demand slumps

Posted on February 28, 2024 by Danielle Park

Business insolvencies are rising globally (chart below via The National Post), and Canada is seeing twice the G7 average. Canadian business insolvencies rose 35% quarter-over-quarter in the final quarter of 2023. They doubled compared with the same quarter in 2022 … Continue reading →

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Unaffordable homes are dead weight

Posted on February 27, 2024 by Danielle Park

Thirteen years of ultra-easy money (2009-2022) drove an epic malinvestment of resources on a global scale. Now, we are grappling with the weight of those choices. From here, there’s a lot of room to make wiser investments that will increase … Continue reading →

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