Tag Archive: real estate

September 1, 2014

Everything Old is New Again

Fusion Homes unveiled their long anticipated 5 Arthur Street project on August 27th. The Metal Works‘named in honour of the heritage of the property), promises to be the most transformative mixed use development in Guelph, and a true test of whether Guelph has permanently turned its development back on green-fields, and Guelphites are ready to embrace non traditional infill developments. A project with 600 units, and not a single detached dwelling among them. The project is a reminder that single... View Article

June 1, 2014

Change is in the Air – and on the Land.

     Lost in the hustle and bustle of another busy May selling season, was news that could reshape the future development of the City of Guelph.  A May 14th article in the Guelph Mercury sheds light on a hoped for change in the development priority of lands yet undeveloped within the city boundary. The city’s official plan speaks to the order of development of these lands. Referring to the official plan, allows developers, home builders, land owners etc… plan... View Article

April 1, 2014

Facilitators

      In December of 2011, the Ontario Teacher’s Pension Fund announced that they had reached an agreement with Rogers Communications to sell its shares in MLSE – the parent company of the Toronto Maple Leafs, Toronto Raptors and Toronto FC.  It was a deal that valued the company at some 2 billion dollars, and made headlines at the time not only for the size and scope of the transaction, but also for the relatively little time it took to... View Article

February 28, 2014

Parental Advice

          I remember it like it was yesterday. My career in real estate had only just begun, and I was excited to be showing a property to a young couple for the second time.  It was the early 90’s, and the market could best be described as stagnant.  (The notion of a form 244 had not yet been dreamt up!) Clearly, my clients loved the house, and I was certain that they were at the point... View Article

January 31, 2014

Reason for Optimism

boston-comparison-guelph

     A friend of mine was recently relocated from Boston to Dallas for employment purposes. Having visited him in both locations, my observation of the difference in home prices is startling.  One need only acquire a window seat in the airplane and a rudimentary understanding of the concept of supply and demand to get a general understanding of why Dallas provides far more bang for your home buying buck.  Land supply in flat, sprawling Dallas is comparatively unlimited.  When... View Article

March 11, 2013

Crab in the Bucket Story

One time a man was walking along the beach and sees another man fishing in the surf with a bait bucket beside him. As he drew closer, he saw that the bait bucket had no lid and had live crabs inside. “Why don’t you cover your bait bucket so the crabs won’t escape?”, he said. “You don’t understand.”, the man replied, “If there is one crab in the bucket it would surely crawl out very quickly. However, when there are... View Article

December 1, 2012

The New Face of Guelph

In mid 2012 Katherine Mclaughlin of Thomasfield Homes presented to the the Guelph Developers Association a startling report on land availability.  We presented the report to our office and it’s entirety is available to CBN members in our online library, but I will summarize it for you as follows: The subdivisions of a decade ago are a thing of the past – there will be no more predominantly single family home subdivisions created in the City of Guelph. Whether that... View Article

September 1, 2012

A Collective Knowledge

  Access to the knowledge of others has always been one of the my favourite aspects of my job.  After all, if you subscribe to the belief that everyone knows something that you don’t, the benefit of working with other people willing to share their knowledge and experiences is a tremendous advantage. It is, or at least, ought to be an advantage enjoyed by larger offices.   If on the other hand, you find yourself working within a large group unwilling to... View Article

July 1, 2012

The Blacksmith Union

Much has been written recently about the future of organized real estate, and rest assured we are only seeing and hearing the beginning. If committee hours were billable hours, a fortune could be earned or, depending upon your view- wasted, trying to navigate an inevitable course of events which will largely be governed by changes in technology.  As our industry evolves from one built solely upon the premise of gathering and controlling information to one that acknowledges information is more... View Article

February 1, 2012

When is the Best Time to Buy?

Two of Guelph’s largest owners of apartment buildings got their start in Real Estate with my father, at Herb Neumann Real Estate.  Clark McDaniel and the lateDenzil Williams started acquiring properties at Herb Neumann Real Estate in the mid 70’s and acquired over a 1000 units through the Bob Rae era, which they still hold asWilliams and McDaniel.  Skyline Property Management principals Jason and Martin Castellan got their start in the early 90’s with us, ironically by buying up all the Cole Road semis they... View Article