BC Assessment Charges Market Rent – So Why Can’t Landlords?

BC Assessment Charges Market Rent – So Why Can’t Landlords?

The battle between affordability and economic feasibility is reaching a climax as landlords are being demonized by tenants and the city continually deflects blame onto property owners. Tenants who do not want to pay market rent for their rental units are crying Wolf in an unjust world that does not allow them to live in […]

Why there are unprecedented premiums on retrofitted apartment buildings

Why there are unprecedented premiums on retrofitted apartment buildings

The term renoviction has become the coined term for any major capital improvements on purpose-built rental buildings; however, soon this will be a word only used for history. With Vancouver poised to set up regulations stipulating strict tenant relocation policies, a court decision allowing tenants to come back into their renovated suite at the previous […]

In Review: BOMA 2017 Office Standards

In Review: BOMA 2017 Office Standards

It has been one year since the release of BOMA 2017 Office Standard, the dominant standard that defines how to measure and calculate the rentable area in office buildings in Canada. Today, we’ll go over the various changes made in the 2017 edition and the overall impact it has on the calculation of rentable square […]

$644,000 in additional costs PER HOME?

$644,000 in additional costs PER HOME?

How the city of Vancouver has been masking taxes on residents for decades For years news headlines and conversational topics have largely revolved around the increased cost of living in this beautiful city. As discussed in previous papers of mine the land constraints have forced new housing starts sky high in terms of design and […]

Just Sold: Professional Landscaping Company

Just Sold: Professional Landscaping Company

We have recently sold another successful business! This business sold for full price in under 6 months. What led to such a fast & successful transaction? The Seller: Sellers had prepared their business well having all their systems & processes documented. The Broker: Confidential Information Memorandum (CIM) included a comprehensive valuation and business description for […]

Marion Van Keken-Rietkerk advises Baby Lock® Canada in sale to Tacony

Marion Van Keken-Rietkerk advises Baby Lock® Canada in sale to Tacony

After nearly 70 years in business, Mason Sewing Machine Company Ltd. dba as Baby Lock® Canada was looking for someone to help them sell their business. Baby Lock® trusted the services of Marion Van Keken Rietkerk, CBI MBA of NAI Commercial, to provide the full-service commercial real estate brokerage they needed for such a daunting transaction. […]

Three Businesses Successfully Sold!

Three Businesses Successfully Sold!

The M&A market in British Columbia has been very active this in the first half of 2017 and the latest transactions reflect that. Between April and August, three businesses successfully sold to new buyers. All three businesses were different, but all three were profitable, well-prepared and motivated. 1. First is the speed with which deals […]