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Canada’s 2020 CRE returns worst since 1993: MSCI/REALPAC

Steve McLean Commercial Market Reports National Feb. 5 2021

Last year’s Canadian commercial real estate return was the worst since the recession of 1993, according to the 2020 MSCI/REALPAC Canada Property Index. The total return plummeted from 6.68 per cent in 2019 to negative 4.12 per cent in 2020.

People Space: Senior exec moves at Canada ICI, Greenwin, GCG …

Don Wilcox Residential Executives National Feb. 1 2021

Edmonton-based commercial real estate financial firm Canada ICI has appointed Rick Bachalo president. Bachalo joined Canada ICI effective Feb. 1 with a mandate to drive growth and build upon the company’s multi-billion-dollar mortgage asset management framework. “Appointing Rick as our

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 P.O. Box 1484, Stn. B
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