DESIGN, THEORY & PERSONAL

In the Okanagan Region in British Columbia’s southern interior, rental vacancy rates are commonly at or even below a remarkably tight 0.5 per cent, in contrast to the 3-4 per cent benchmark that is considered balanced.

British Columbia’s Lower Mainland region – the City of Vancouver and its surrounding area – is world renowned for its scenic beauty and quality of life. And while real estate prices are already high here by global standards, there continues to be significant potential for competitive returns on strategic financing-based investments.

In March 2012, ACIC provided $2.5 million in financing for the purchase of the property on which this development was built. It is an example of the multi-use projects that are proving highly popular and profitable in Metro Vancouver; with retail on the ground-level, offices one floor up, and eight luxury homes on the upper floors. The project is located along Hastings Street, a…

ACIC financed one-third of the $3 million acquisition of this single-level commercial property in May 2012. Following renovation it has been re-appraised at $3.975 million in value. Located along East Hastings Street and in close proximity to Simon Fraser University, the property has a branch of one of the major banks as an anchor tenant.

High Level is a town in northern Alberta’s Peace River region, where a combination of forest products, oil and gas and agriculture drive the local economy. In September 2000 ACIC financed the purchase and renovation of a 22-unit motel in the amount of $290,000, in contrast to the appraised value of $575,000.