This afternoon I received an email from Murray Mitchell, Vice President Real Property / Portfolio Manager Investors Real Property Fund. He has explained the reason the “mechanics lien” that was in place on their property and debunked any cash flow concerns that were insinuated.
I believe it is best stated in Murray Mitchell’s words so I [...]
Canadian Stock Talk
Category Archives: REIT
Investors Group Real Property Fund Part 3
Investors Group Real Property Fund Smoking – Part 2
Yesterday we reported that Investors Group Real Property Fund may be in trouble because the fund was assigned a “Mechanics Lien Notice” for improvements made to their vacant property at 5201 Ladner Trunk Road in Delta, BC. We insinuated that the fund may be having cash flow problems since they had not paid their bills.
Today [...]
Special Report—Is the Canadian Housing Market in a Bubble? An Economic Response
David A. Rosenberg, Chief Economist & Strategist at Gluskin Sheff (Formerly of Merrill Lynch) recently reported that the Canadian Housing Market Could be in a Bubble. This article will provide an economic response to this accusation, provide the true economic metrics that must be considered in the Canadian Real Estate Market, and provide a copy [...]
The Next Economic Shoe to Drop on the World Economy
Economic Crisis: U.S. Commercial Real Estate is next to put a huge dent in the Economic Recovery.
Everyone remembers the destructive mortgage practices that lead the US Housing collapse that triggered the Global recession. These mortgage products were not limited to Residential properties, many loans were provided using the same teaser rates for Commercial properties and [...]
General Growth Properties Inc – Takeover Target
General Growth Properties Inc (Public, OTC:GGWPQ)
Potential Take Over Target!
General Growth Properties Inc used to be know as GGP; after filing for bankruptcy protection back in April 2009 the stock has been relisted OTC as a pink under the new ticker GGWPQ.
If you read any of the discussion boards about this stock then you should already [...]
