ACIC's Strategy
Mar 02 2010
The type of mortgages that most people are familiar with are residential ones, secured against a house or condo and usually held by someone who lives in the property. In contrast, ACIC issues mortgages to real estate entrepreneurs, usually secured against commercial or multi-unit residential buildings.
ACIC's Strategy
Jan 04 2010
ACIC was recently paid out on a second-mortgage financing of a property in the historic 100-block of Vancouver’s West Hastings Street. It’s located right across from the landmark Woodward’s re-development, and in an area that’s the focal point for revitalization on the city’s downtown eastside...
ACIC's Strategy
Nov 10 2009
A new daycare facility along the south side of Vancouver’s False Creek recently received its occupancy permit, after ACIC financing enabled the real estate entrepreneur involved to re-develop what had been an under-performing strip mall…
Market News
Nov 10 2009
A complex modern economy involves a lot of delicate balances. And in responding to one problem, policy makers can easily create another one. Some believe we’re seeing a development like this in the Canadian residential real estate market today…
Market News
Sep 22 2009
There’s a definite hesitancy these days around investments based on real-estate financing, thanks to the turmoil unleashed by the collapse of the US sub-prime mortgage market two years ago. But while I always recommend caution when making investment decisions, one shouldn’t generalize too much from the US experience…
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