Hard money lender Tampa | TempBridge Inc

Vacancy Rate Decreases at the Provincial Level. According to the results of the Rental Market Survey conducted by Canada Mortgage and Housing Corporation (CMHC) in October, 3.4% of Quebec’s rental stock (estimated at 838,502 units) was vacant in October 2017. This amounts to a one-percentage-point decrease from last year’s rate. Despite rising rental construction in many areas of the province, the strength of the labour market and of immigration stimulated demand to a level that more than compensated the increase in supply. Regional Perspective: Tightening in several of the province’s markets. Of the province’s 44 urban centres (10,000 inhabitants and over), about half recorded a decrease in their vacancy rates. The other half did not exhibit a statistically significant change. As for the Census Metropolitan Areas (CMA) (100,000 inhabitants and over), nearly all recorded a drop in the rate. The Saguenay area alone in not showing a statistically sign...

Almost a decade ago, Jeff Vinik went shopping for a hockey team. “There were a dozen that were for sale – or could have been for sale,” he told Bisnow in a phone interview. “I'm an analyst by training. My past is in the stock market. So I weigh the positives and negatives of all things. And Tampa — the demographic trends long term gave it a terrific tailwind.” About 58,000 people moved to Tampa in 2016, according to census data, making it the fifth-fastest-growing region in the U.S. by migration. Vinik made his name on Wall Street in the 1990s producing 17% returns as head of the Fidelity Magellan mutual fund, then started his own hedge fund in Boston making 53% returns. "[ Tampa ] had a history of success with sports teams, good, welcoming people and an incredible quality of life," Vinik said. "I had a sense that it had been overlooked and not appreciated. I thought it was undervalued and had great opportunities, one of which is real estate.” So ...