Jeremiah Shamess | Toronto Land & Building Sales (@jshamess) 's Twitter Profile
Jeremiah Shamess | Toronto Land & Building Sales

@jshamess

Follow me for Canadian Commercial Real Estate insights. I sell buildings & development land. Lead @ColliersCanada Private Capital.$2.13 Billion sold (208 sales)

ID: 23687712

linkhttps://www.collierscanada.com/en-ca/experts/jeremiah-shamess calendar_today11-03-2009 00:10:29

26,26K Tweet

12,12K Followers

618 Following

Jeremiah Shamess | Toronto Land & Building Sales (@jshamess) 's Twitter Profile Photo

Selling a very special 58 unit luxury seniors residential building, on 2.32 acres and 95,000 SF Minutes from the subway station. 2 O’Connor designed by Shim-Sutcliffe the same architects who created The Integral House and Ace Hotel Toronto.

Jeremiah Shamess | Toronto Land & Building Sales (@jshamess) 's Twitter Profile Photo

Why is there not a traffic light system run by AI for major metros? The ability to understand and learn when to change lights quicker to keep the flow of traffic moving? Is this a crazy idea or a good idea?

Jeremiah Shamess | Toronto Land & Building Sales (@jshamess) 's Twitter Profile Photo

A fact check: Of my current developer clients who would build rental housing “tomorrow” if development charges and new home levies were canceled. Total 🟰 4.3 million SF or 6,631 units This is just clients who I’ve asked this question, would you build if taxes were dropped!

Jeremiah Shamess | Toronto Land & Building Sales (@jshamess) 's Twitter Profile Photo

Tell me you work with private capital clients without telling me you work with private clients. Yes this is a bag of keys in an ikea bag dropped off.

Tell me you work with private capital clients without telling me you work with private clients. 

Yes this is a bag of keys in an ikea bag dropped off.
Jeremiah Shamess | Toronto Land & Building Sales (@jshamess) 's Twitter Profile Photo

When did the process of new homes being taxed twice start with Gov? 1. Buy Land (Provincial Land Transfer Tax) 2. Hire Consultants (Pay Tax on services) 3. Buy Materials (Pay Tax) 4. Hire Builder (Pay Tax on Services) 5. Sell Complete Home Pay Tax on Sales Value minus ITCs

Jeremiah Shamess | Toronto Land & Building Sales (@jshamess) 's Twitter Profile Photo

Why the hate for buying condos and houses to rent them out? If this hadn’t happened in ‘05 - ‘21 we would have had not enough rental supply. We built less purpose built rental buildings in the past 10 years as 1960s population adjusted 😅 Bigger issue was speculators assigning

Why the hate for buying condos and houses to rent them out?

If this hadn’t happened in ‘05 - ‘21 we would have had not enough rental supply.

We built less purpose built rental buildings in the past 10 years as 1960s population adjusted 😅

Bigger issue was speculators assigning
Jeremiah Shamess | Toronto Land & Building Sales (@jshamess) 's Twitter Profile Photo

Receivership Sold: $14,500,000 Mixed-Use building with 183,172 SF over 10.34 acres in the birthplace of Wayne Gretzky. Tough transaction in this market but we continue to find liquidity even today.

Receivership Sold:

$14,500,000

Mixed-Use building with 183,172 SF over 10.34 acres in the birthplace of Wayne Gretzky. 

Tough transaction in this market but we continue to find liquidity even today.
Jeremiah Shamess | Toronto Land & Building Sales (@jshamess) 's Twitter Profile Photo

Yesterday morning with Fitzrovia & Devron Developments we spoke about the difficulties of today’s market. How condo development should be catered to end users with larger units. Why rental development can be one of the most difficult equations to pencil today without optimism

Yesterday morning with Fitzrovia & Devron Developments we spoke about the difficulties of today’s market. 

How condo development should be catered to end users with larger units. 

Why rental development can be one of the most difficult equations to pencil today without optimism
Jeremiah Shamess | Toronto Land & Building Sales (@jshamess) 's Twitter Profile Photo

Canadian Pension Plan continues to divest of Canadian Real estate While Ontario-based OMERS pension fund continues to add to their Canadian portfolio 4 million SF in 7 buildings across Western Canada - 50% position acquired Fact: Vancouver office vacancy rate dropped to 10.7%

Canadian Pension Plan continues to divest of Canadian Real estate

While Ontario-based OMERS pension fund continues to add to their Canadian portfolio 

4 million SF in 7 buildings across Western Canada - 50% position acquired

Fact: Vancouver office vacancy rate dropped to 10.7%