Category: Commercial Real Estate

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Look Ahead: 2016 Legal Trends

January 8, 2016

  While global markets can be unpredictable, we have assembled some key legal trends that may help you prepare for what lies ahead in 2016.  ​​​​   Anti-Spam   Capital Markets  ​ China    Commercial Real Estate Cybersecurity Employment & Labour Financial Services Regulatory Intellectual Property International Trade   Litigation & Dispute Resolution   Mergers & Acquisitions   Oil &…

Are You Ready? MPAC’s Next Current Assessment is January 1, 2016

November 23, 2015

MPAC’s 2016 CVA for every property in Ontario is just around the corner. Are you ready for January 1, 2016? Property taxes for the next four years, 2017 to 2020, will be based on these values. Our panel of experts will review all of the important issues, including impact on development sites and highest and best-use assessments, whether appealing your…

New Developments in Old Stratas: B.C. Proposes to Lower Threshold for Strata Termination

October 26, 2015

The British Columbia government recently introduced a bill that will, if passed, make it easier to cancel a strata plan and wind up a strata corporation under the Strata Property Act (Act). Currently, a unanimous resolution is required for the owners to cancel a strata plan and collectively become tenants in common of the strata lands or to appoint a…

“The Donald” Trumps Condo Buyers by Avoiding Trade-mark Licensor Liability

July 22, 2015

  United States presidential candidate Donald Trump avoided liability for alleged misrepresentations of the attributes of purchased hotel condominium units by a developer that is licensed by one of Mr. Trump’s corporate affiliates to use Mr. Trump’s name and trade-marks for the 70-storey mixed-use TRUMP TOWER complex in downtown Toronto.    BACKGROUND   In Singh v. Trump (Singh), the developer…

Focus on Real Estate Construction Financing Transactions: How to Manage the Risks

April 21, 2015

Please join us for a discussion of the legal and practical implications of overcoming challenges in financing transactions. The bumps in the road can appear anywhere, from the negotiation of the commitment letter to the advance of loan proceeds. Topics: The role of the construction monitor: keeping tabs on costs, status of construction, holdbacks and cost to complete Construction liens…

The Value of Real Property Assessments in British Columbia

March 6, 2015

  Determining the value of real property is a fundamental concern to buyers, sellers and lenders. Governments that depend on the taxation of real property to generate revenue are also interested in the valuation of real property and, accordingly, have set up extensive property assessment regimes to do so. Despite such regimes, the British Columbia Court of Appeal recently held…

Making Cents of Recent Commercial Leasing Case Law

November 12, 2014

The Blakes Commercial Real Estate group will provide an insightful review of recent Canadian case law and its impact on commercial real estate. While this seminar will focus on commercial-lease-related case law, it will address issues that are also relevant to buyers, sellers, developers and lenders. Those in the commercial real estate industry should not miss this event! Topics: Limitation…

Focus on Real Estate Financing Transactions: Overcoming Bumps in the Road

April 23, 2014

Please join us for a discussion of the legal and practical implications of overcoming challenges in financing transactions. The bumps in the road can appear anywhere, from the negotiation of the commitment letter to the advance of loan proceeds. Topics: Limited recourse exceptions and carve-outs – What is “market” and why? Limited partnerships and nominees – Who is the appropriate…

BCCA Clarifies ‘Materiality’ Threshold for Purchaser’s Right to Rescind under REDMA

March 6, 2014

  A recent decision of the British Columbia Court of Appeal (BCCA) reaffirms the need to balance the interests of developers and purchasers under the B.C. Real Estate Development Marketing Act (REDMA) by clarifying the “materiality” threshold underlying a developer’s obligation to disclose facts and the concomitant right of a purchaser to rescind a purchase agreement for inadequate disclosure. In finding for…

Leasing Management and Offers to Lease: The Start of a Beautiful Relationship!

November 13, 2013

Leasing Management. Owners frequently contract with professional managers to lease-up and administer new and existing real estate projects. Blakes lawyers discuss the major issues arising in these arrangements and highlight hot-button issues. Topics: • Leasing fees and payment requirements • Co-owner’s issues where the manager is a related entity • Term and termination rights including for fraud and misappropriation Offers…

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