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Seasons Greetings!
Howard Manley, Senior VP REDEV Properties
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It seems like only a month ago I sent out Xmas and Holiday greetings to everyone, time sure flies when your having fun at the job. Anyway may I take this opportunity to wish one and all a joyous Xmas and a prosperous New year.
Investing your hard earned money is very important and something everyone should take very serious. The last year has seen some difficult times for individuals and a lot of companies, bankruptcy, insolvency and in some case fraud. If I am repeating myself I do it for a reason , as I have said before:
1) Does the company you are considering investing with have the necessary experience and management skills to ensure what the say they are going to do?
2) Do your initial funds go into a lawyers trust account (with interest) to ensure a proper and legal closing?
3) And very important is there a third party appointed to disburse and handle all funds? And is there a qualified and licensed property manager looking after everyone's interest?
4) Is there a third party accounting firm compiling the statements and issuing proper Tax (T5013'S) returns?
Redev specializes in Commercial Real Estate, mainly retail. We are experienced and have the knowledge and background to ensure solid management of your interests.
NB. Be very careful of companies that offer multiple investments you have all heard the phrase: "JACK OF ALL TRADES MASTER OF NONE". These companies are usually in for a quick buck, and at your expense.
Thank you again for a very successful and interesting year. Sturgeon Plaza 2 was a complete sellout plus. We will be introducing another exciting project in early 2010.
Remember RRSP season is around the corner, ask your representative for information on our plan.
Howard Manley
Senior VP REDEV Properties
howardmanley@shaw.ca |
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Investments In Canada Blog
Richard Crenian, President REDEV Properties Ltd.
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Amazing, unbelievable and unreal.
Drive around Toronto and you will see all these sold houses signs on the front lawns.
The market has gone crazy and it doesn't seem to matter whether it is worth 500,000 or 4 million dollars these dwellings are selling.
So what's up? I saw a building site today for a house with a basement so deep and so big it shocked me. The size was huge and I couldn't believe my eyes. Yes it is true that the houses in that area sell for more than 5 million and another house in the neighbourhood is selling for 16 million.
Tear down houses for 2.8 million if the lot is decent.
What a ride...whoo-hoo.
Me? I hate the ups and downs, I like cash flow. I know that if I am patient I will eventually get ahead of the game. I saw too many guys chase the big dream, or invest a ton in China's stock market, and some actually win, and some actually lose.
I guess, to thine own self be true.
Go to Vegas, or Macau and go gamble yourself silly.
Howard and I have been around a long time. We are turtles and proud of it. Slow and steady wins the race I say.
Bug Howard, and see what he's doing these days. He's at 4036304544, or email him at a howardmanley@shaw.ca, or write me at richardc@redevgroup.ca.
Yours truly,
Richard Crenian
President
Redev Properties Ltd.
To follow the blog regularly go to http://investmentsincanada.blogspot.com/
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Register For Our Online Seminar
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We have been very happy with the response to the online webinars we introduced recently. We have decided to make changes so it is easier for everyone to watch it at a time that is convenient for them.
There is a registration link on our website and when you register you will be emailed a link that allows you to watch our prerecorded webinar at a time that is convenient to you.
To register for seminar you can go to our website at www.redevgroup.com or just click the following link:
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| Quick News
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 Ottawa's Infrastucture Stimulus package is working well in some parts of the construction industry. The value of non-residential building permits jumped 42% in October, reaching a level not seen since September 2008. To read a Globe and Mail article about this, click HERE- Canada's unemployment rate fell to 8.5% in November. The economy gained 79,000 jobs in November as signs of recovery continue. To read a Globeinvestor.com article about this click HERE
- Canada's commercial real estate market is rebounding faster than many in the industry predicted. The market took off in September with substantial increase in sales and demand is up. To read an article on this from the Globe and Mail click HERE
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REDEV Properties
4620 Manilla Road S.E. 480 University Ave., Suite 1600
Calgary, AB, Canada, T2G 4B7 Toronto, ON, Canada, M5G 1V6
Ph: (403)212-1953 Ph:(416)460-7779
Fax: (403)770-8537 Fax: (416)352-7591
Toll Free: 1-866-668-7344 Ontario Toll Free: 1-888-668-7344
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Featured Property
Sold Out
Sturgeon Plaza
REIG Highlights
- Sturgeon Plaza is a multi-tenant strip plaza.
- Excellent location and high exposure with daily traffic counts of 49,600 vehicles per day on St. Albert Trail and 26,500 vehicles per day on Hebert Road.
- Has a 3,200 sq. ft. pad with plans for a new building to be preleased and built on the site increasing lease revenue and property value.
- Located in the metropolitan Edmonton, Sturgeon is located at the first intersection in St. Albert providing easy access to commuters returning home from Edmonton and for local residents.
- Minimum investment $25,000.
- Projected average annual return after tax 15.02%
- Receive a tax deduction for 2009
- Receive any capital appreciation on the sale of the property
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Featured Investment
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REDEV's
RRSP Eligible REIG Program
Use your RRSP investments to profit from the lucrative commerical real estate market
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4% per annum return within your RRSP.
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Majority of growth is paid into share value - cash flow, equity growth and capital appreciation and paid to you outside the RRSP via tax advantaged dividends. -
Income splitting opportunites on portion paid outside RRSP.
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Secured by the commercial real estate. |
Contact Information:
Howard Manley - Senior Vice President
(403)212-1953
Wally Gbalajobi - Ontario Regional Manager
(416)650-0887 Ontario
(403)804-4486 Calgary
Allan Fulton
(403)381-2900
Clark Heimbeckner
(780)719-6883
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1-866-668-7374
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