Differences between Canadian and US CRE Lending
At MarshallZehr, we often attract investor interest in commercial real estate (“CRE”) lending from institutions outside of Canada, many of whom have more familiarity with investing in the United States. The risk and return characteristics of investing in Canada and the US are generally considered quite similar across a broad spectrum of asset classes. However when it comes to CRE lending for pre-development land and construction financing, there are some subtle but important distinctions to note.
In this document, we outline some of these key differences that distinguish the two markets and why they’re important to know.