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Real estate transactions: Coffee company buzz about pot lounges

A prominent Canadian company is looking at setting up cannabis lounges in its western outlets. These potential real estate transactions in Alberta give a new meaning to having a mellow cup of Joe. The company hopes to team up with National Access Cannabis Corp. (NAC) to roll out the plan where it's legal to do so. NAC has basically been focusing on the medical marijuana industry so far, but this would give it an inroad to the retail market.

Walkable housing gaining speed in real estate transactions

Many people are beginning to become more energy conscious and it's actually showing up in where they're choosing to live. Walkable real estate transactions in Alberta are on the rise. It seems some homeowners don't want to take their vehicles to work and choose to walk to their jobs. Another thing prospective homeowners are looking for is closeness to various shops and venues -- for the very same reason. They don't want to drive.

Real estate transactions: Chinese investors may have cold feet

A recent survey regarding the housing market shows that investors from China may be cooling off on the housing market. The survey indicates that real estate transactions in Canada made by Chinese citizens are starting to slow down and it could be because of new regulations regarding foreign investment. Apparently, it's not because these investors want to stop making acquisitions, but because deals are hard to come by.

Cryptocurrency could help real estate transactions in Alberta

The technological age is here without a doubt. Bitcoin is digital currency that uses encryption to regulate and generate currency units and to verify transfer of funds. An office building in Calgary is earmarked to be the first in Alberta to accept this type of currency for payment of rental space. If this is any indication, cyptocurrency may be used in the near future for other types of real estate transactions as well.

Real estate transactions and the burgeoning pot industry

On the eve of legalization of recreational marijuana in Canada, landlords of retail space are preparing for an onslaught of potential business. Commercial real estate transactions in Alberta are expected to go through the roof as entrepreneurs prepare for the sale of cannabis in retail spaces. Despite the rules surrounding weed sales in Alberta not being defined as of yet (although it has been decided that the private sector in the province will be overseeing over-the-counter sales), some people are securing retail space without knowing if they'll even get permits to sell the herb.

Real estate transactions: Pot-friendly buildings in the future?

With the advent of legal marijuana on the horizon, a few Albertans are thinking about cannabis-friendly buildings. It will make some real estate transactions interesting. Canada is set to legalize pot this summer, and some building owners who already use marijuana are thinking about allowing their tenants to smoke weed in their buildings -- and going a step further and actually seeking tenants who are cannabis users.

Alberta real estate transactions: Construction investment rising

Investors are starting to feel good again about putting their money into housing construction in Wild Rose Country. Year-over-year spending in the house construction sector of real estate transactions in Alberta rose for the first time last year since 2015. Even though the numbers are rising, they're not quite where they should be -- slightly better than 2015's recessionary levels -- according to a market analyst. Still, the market is rallying and that is good news for investors.

Real estate transactions: What to look for in investment property

Investing in property can be a very wise move financially. But when getting involved in these kinds of real estate transactions in Canada, a potential investor would do well to do some research before diving in head first. For a first time foray into the world of real estate investing, going small at first might be prudent.

Land titles website causing issues with real estate transactions

Many land title searches are done of on the internet these days. So, when real estate transactions in Alberta were shaken up by problems with the province's land titles site that results in it being off line for days, it made for some very disgruntled purchasers. Many of those people have lost hundreds of dollars because of the glitch on the site that is used to finalize real estate deals.

Shadow lending and real estate transactions in Canada

The word shadow has a dark connotation, but it isn't necessarily a negative when it comes to mortgage lending. Real estate transactions are becoming increasingly more complex in the 21st century and it's getting more difficult for some people in Canada to purchase a home. So, doing business with shadow lenders, or those lending money that are not tied to a conventional financial institution, is on the rise.

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