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 [...]
Tag Archive: Commercial Real Estate
Investors Group Real Property Fund Part 3
Investors Group Real Property Fund Smoking!
No fire yet, but Investors Group Real Property Fund may be in trouble. The Property Fund was assigned a “Mechanics Lien Notice” for improvements done at 5201 Ladner Trunk Road, Delta, BC. This is the site of what used to be a Boston Pizza before they pulled out. The building has plastered windows at this [...]