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National

Recourse that matters

Adam Powadiuk Commercial Partnerships National May. 4 2016

Mortgages are secured against a property. When additional security is required, which is very common in Canada, a lender will look for recourse to the borrower or an additional guarantor. The assets held by the corporation or individual will be

Lanesborough REIT selling assets to buy time

Paul Brent Commercial Transactions National Apr. 28 2016

With a major exposure to the recessionary Alberta market and the oil sands epicentre of Fort McMurray in particular piling up losses, Lanesborough REIT‘s (LRT.UN-T) survival plan is simple: sell properties to keep afloat.  The Winnipeg-based company recently unloaded a multi-residential property

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 P.O. Box 1484, Stn. B
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