CN: How has the current economy impacted the commercial real estate market for CDC – Calgary?
CC: Indeed the current economic climate in Calgary will affect all business in some manner or another. However, our developments cater to professional and medical user-groups, which tend to be insulated from the current commodity malaise in Alberta.Want to read more? Check out the full interview online or in the Herald today.
Financing has become a more challenging process, due in part from the negative media coverage. Most prudent lenders and investors see the current economy as a temporary state that has historically recovered toward an even stronger marketplace.
Mikaela Cochrane
CCO for Cochrane Developments Corporation
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